Gross Receivables means amounts owing (net of credit balances) from cardholders with respect to accounts in a Credit Card portfolio (including outstanding loans, cash advances and other extensions of credit; billed or unbilled finance charges and late charges; and any other billed or unbilled fees, charges and interest assessed on such accounts).
Gross Receivables has the meaning set forth in the Purchase Agreement.
Gross Receivables means (i) any amount posted as owing by a Borrower under any Account, including (A) any amounts owing for the payment of goods and services (including Enhancement Services), cash advances, cash advance fees, access check fees, annual card membership fees, and (B) any other fee, expense or charge of every nature, kind and description whatsoever; and (ii) amounts owed under the loans associated with the Non-Credit Card Accounts, in each case less any amount owed by any Seller or any of their respective Subsidiaries to the Borrower as a credit balance, but only to the extent that such amounts owed by the Borrower are owned by such Seller or its respective Subsidiaries. For the avoidance of doubt, “Gross Receivables” shall not include Charged Off Accounts or Accrued Interest and Fees.
Examples of Gross Receivables in a sentence
Delinquent Gross Balances (a) Delinquent 5 - 29 days $173,553,419.35 % of Gross Receivables 2.65% (b) Delinquent 30 - 59 days $66,861,480.91 % of Gross Receivables 1.02% (c) Delinquent 60+ days $150,199,589.56 % of Gross Receivables 2.29% 4.
Mentor-Teachers and the director should embody a loving, solution-oriented mindset.
Delinquent Gross Balances (a) Delinquent 5 - 29 days $207,488,814.86 % of Gross Receivables 3.12% (b) Delinquent 30 - 59 days $74,629,180.94 % of Gross Receivables 1.12% (c) Delinquent 60+ days $155,429,931.09 % of Gross Receivables 2.34% 4.
Delinquent Gross Balances (a) Delinquent 5 - 29 days $195,780,097.34 % of Gross Receivables 3.01% (b) Delinquent 30 - 59 days $75,261,999.95 % of Gross Receivables 1.16% (c) Delinquent 60+ days $150,938,915.86 % of Gross Receivables 2.32% 4.
Delinquent Gross Balances (a) Delinquent 5 - 29 days $206,805,610.10 % of Gross Receivables 2.92% (b) Delinquent 30 - 59 days $73,258,568.69 % of Gross Receivables 1.03% (c) Delinquent 60+ days $156,567,873.53 % of Gross Receivables 2.21% 4.
More Definitions of Gross Receivables
Gross Receivables means, as of the Cut-Off Time (or, solely with respect to the Estimated Closing Statement, as of the close of business on the fifth Business Day preceding the Closing Date): (a) all amounts owing by Cardholders with respect to Accounts, including outstanding loans, cash advances and other extensions of credit, finance charges including Accrued Interest, late payment fees, and any other fees, charges and interest on the Accounts, in each case, whether or not posted and whether or not billed; less (b) any credit balances owed to Cardholders, any credits associated with returns, and any similar credits or adjustments, in each case whether or not posted and whether or not billed.
Gross Receivables means all amounts owing (after deduction of credit balances scheduled as of the Cut-Off Time and unapplied cash) to the Sellers from Customers with respect to Eligible Accounts (including outstanding loans, cash advances and other extensions of credit; billed or posted but unbilled finance charges and late charges; Accrued Interest; and any other fees, charges and interest assessed on the Eligible Accounts) as of the Cut-Off Time (or, solely with respect to the Estimated Closing Statement, as of the close of business on the fifth Business Day preceding the Closing Date).
Gross Receivables means all amounts owing (after deduction of credit balances scheduled as of the Cut-Off Time and unapplied cash) to the Seller from Cardholders with respect to Accounts (including outstanding loans, cash advances and other extensions of credit; billed or posted but unbilled finance charges and late charges; Accrued Interest; and any other fees, charges and interest assessed on the Accounts) as of the Cut-Off Time (or, solely with respect to the Estimated Closing Statement, as of the close of business on the fifth Business Day preceding the Closing Date).
Gross Receivables means the aggregate sum of the gross outstanding balances of those Accounts of Group Members arising out of sales of merchandise, goods or services in the ordinary course of business, which are made by a Group Member located in an Eligible Jurisdiction to a Person that is not an Affiliate of such Group Member, for which no bad debt reserves have been established.
Gross Receivables is amended by: (A) deleting and replacing the words “the Seller’s past practices” with the words “the Seller Entities’ past practices”; and (B) deleting and replacing the words “books and records of the Seller” with the words “books and records of the applicable Seller Entity”;
Gross Receivables means the total of payments due in respect of the Receivables, pursuant to Contracts that have not been written off in accordance with the Servicer’s Credit and Collection Policy.
Gross Receivables means all amounts due on account of services performed and products sold by you during the relevant time period, regardless of when or if payment is made. Gross Receivables does not include (1) revenue from the sale of equipment after being used in the conduct of the Franchised Business; (2) insurance proceeds; and (3) the amount of any city, county, state or federal sales, luxury or excise tax on such sales that is both (A) added to the selling price or absorbed therein and (B) paid to the taxing authority by you.