Gross Receivables definition

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 means amounts owing (net of credit balances) to the Sellers from Cardholders with respect to Accounts (including outstanding loans, cash advances, balance consolidation receivables and other extensions of credit, accrued finance charges and late charges, whether or not posted, and any other accrued fees, charges and interest assessed on such Accounts, whether or not posted).
Gross Receivables has the meaning set forth in the Purchase Agreement.

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.

  • 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.

  • Mentor-Teachers and the director should embody a loving, solution-oriented mindset.

  • Delinquent Gross Balances (a) Delinquent 5 29 days $198,056,535.30 % of Gross Receivables 3.00% (b) Delinquent 30 59 days $64,784,711.25 % of Gross Receivables 0.98% (c) Delinquent 60+ days $145,213,076.62 % of Gross Receivables 2.20% 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 (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.
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 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 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 at any date shall mean, with respect to any Financing Contract, all contractual payments (including all payments of stated, overdue or default rent or late charges) that are billed but uncollected, and all future contractual payments that are due or to become due, under the terms of such Financing Contract at such date, and, in each case calculated on consistent with IOS Capital’s past practices and reflected the books and records of applicable Seller Entity.
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 that
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”;