Outstanding Receivable definition

Outstanding Receivable means, as of the time of reference thereto, a Receivable that (i) has not been fully paid, (ii) has not become a Defaulted Receivable, and (iii) has not become a Repurchased Receivable.
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Outstanding Receivable means the amount set forth in Section 6.18(ii) of the Constellation OP Disclosure Letter.
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Outstanding Receivable means a Receivable dealt with, or to be dealt with, by us (as the case may be) in the manner requested by you under this Agreement that is unpaid.
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Examples of Outstanding Receivable in a sentence

  • All amounts received by Seller or Parent after the Closing with respect to any Outstanding Receivable that has not been transferred to Seller pursuant to this Section 9.9, shall be forwarded by Seller or Parent, as the case may be, to Buyer within five (5) days of the receipt thereof.

  • The Outstanding Receivable Amount shall be apportioned amongst the Selling Stockholders in the same manner as the Proposed Dividend.

  • Each Quarterly Term Note shall have an Initial Principal Amount equal to the lesser of (x) the product of (i) the Quarterly Term Note Advance Rate and (ii) the Outstanding Receivable Principal Balance of the Eligible Conversion Receivables in the related Variable Funding Note Investment Pool as of such date of determination and (y) the Outstanding Principal Amount of the Variable Funding Notes as of such Conversion Date.

  • Payments received by AEG from Account Debtors will be posted to the Book Account and applied to the Outstanding Receivable Balance on the third day following the date on which AEG actually receives such payments in its office in Paramus, New Jersey.

  • For each Receivable that becomes a Defaulted Receivable following the Closing Date, Fair, Durham and Xxxxxxx shall be jointly and severally obligated to pay to the Buyer an amount equal to the Outstanding Receivable Balance of such Receivable as of the day it became a Defaulted Receivable.

  • Others(1.25)(0.42) (100.84) (89.72)(x) Net Outstanding Receivable / (Payable) as on 31.03.201231.03.2011a.

  • Provided that the Seller has satisfied its obligation to pay to the Buyer an amount equal to the Outstanding Receivable Balance of a Defaulted Receivable as of the day it became a Defaulted Receivable, the Servicer may remit any subsequent collections with respect to such Defaulted Receivable to the Seller.

  • Outstanding Accepted Receivable means an Outstanding Receivable that is not an Excluded Receivable and that has been accepted by the Company.

  • If following the 225th day after the Closing Date but on or prior to the first anniversary of Closing, Buyer collects any Outstanding Receivable that remained uncollected on the 225th day after the Closing, Buyer shall forward such amount to Seller promptly.

  • Billed Receivable means an Outstanding Receivable representing a legal, valid, and binding payment obligation for which, as of the time of determination, a Customer Xxxx has been rendered.


More Definitions of Outstanding Receivable

Outstanding Receivable has the meaning set forth in Section 2.06(b)(iii)
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Outstanding Receivable means an account receivable of the Business that is outstanding as of the Closing Date, to the extent it remains unpaid as of the close of business on the twelve (12) month anniversary of the Closing Date;
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Outstanding Receivable means each Receivable that (i) prior to the Amendment and Restatement Closing Date, was (x) transferred by the Initial Purchaser to the Transferor pursuant to the Existing Sale and Contribution Agreement, (y) sold by the Transferor to the Outgoing Purchaser pursuant to the Existing Master Receivables Purchase Agreement, and (z) in which the Existing Bank Purchasers acquired undivided percentage ownership interests 740293053.3 21668437 pursuant to the Existing Onward Receivables Purchase Agreement, and (ii) remains outstanding on the Amendment and Restatement Closing Date. The Outstanding Receivables are identified on Schedule II hereto.
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Related to Outstanding Receivable

  • Outstanding Balance of any Receivable at any time means the then outstanding principal balance thereof.

  • Principal Receivable means any Receivable other than a Finance Charge Receivable. In calculating the aggregate amount of Principal Receivables in an Account on any date, the gross amount of Principal Receivables in the Account on that date must be reduced by the aggregate amount of credit balances in the Account on that date.

  • Eligible Account Receivable means an Account Receivable owing to the Company or any Domestic Subsidiary which meets the following requirements:

  • Transferred Receivable means a Purchased Receivable or a Contributed Receivable.

  • Unbilled Receivable means, at any time, any Receivable as to which the invoice or xxxx with respect thereto has not yet been sent to the Obligor thereof.

  • Purchased Receivable means a Receivable purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Sections 4.2, 4.4(c) or 4.7 or repurchased by the Seller or the Servicer pursuant to Section 3.2 or Section 10.1(a).

  • Account Receivable means, with respect to any Person, any and all rights of such Person to payment for goods sold and/or services rendered, including accounts, general intangibles and any and all such rights evidenced by chattel paper, instruments or documents, whether due or to become due and whether or not earned by performance, and whether now or hereafter acquired or arising in the future, and any proceeds arising therefrom or relating thereto.

  • Receivable any right to payment for goods sold or leased or for services rendered, whether or not such right is evidenced by an Instrument or Chattel Paper and whether or not it has been earned by performance (including, without limitation, any Account).

  • Repurchased Receivable means a Receivable purchased by Santander Consumer pursuant to Section 3.4 of the Purchase Agreement or by the Servicer pursuant to Section 3.6 of the Sale and Servicing Agreement.

  • Outstanding Principal Balance As of the time of any determination, the principal balance of a Mortgage Loan remaining to be paid by the Mortgagor, or, in the case of an REO Property, the principal balance of the related Mortgage Loan remaining to be paid by the Mortgagor at the time such property was acquired by the Trust Fund less any Net Liquidation Proceeds with respect thereto to the extent applied to principal.

  • Diluted Receivable means that portion of any Receivable which is either (a) reduced or canceled as a result of a Dilution Factor or (b) subject to any bona fide specific dispute, offset, counterclaim or defense whatsoever.

  • Eligible Unbilled Receivable means, at any time, any Unbilled Receivable if (a) the related Originator has recognized the related revenue on its financial books and records under GAAP, and (b) not more than thirty (30) days have expired since the date such Unbilled Receivable arose.

  • Defaulted Receivable means a Receivable:

  • Precomputed Receivable means any Receivable under which the portion of a payment allocable to earned interest (which may be referred to in the related contract as an add-on finance charge) and the portion allocable to the Amount Financed is determined according to the sum of periodic balances, the sum of monthly balances, the rule of 78's or any equivalent method.

  • Eligible Receivable means, at any time, a Receivable:

  • Sold Receivable means a Receivable that was more than 60 days delinquent and was sold to an unaffiliated third party by the Issuer, at the Servicer’s direction, as of the close of business on the last day of a Collection Period and in accordance with the provisions of Section 4.3(c) hereof.

  • Ineligible Receivable shall have the meaning specified in subsection 2.04(d)(iii).

  • Interest Receivable means, in respect of the relevant Measurement Period ending on any Measurement Date, all interest received by or accrued to the Issuer during such period, including any amounts received by the Issuer in terms of any Treasury Transaction (as such relates to the hedging by the Issuer of its interest rate risk) (other than interest which is not received or receivable in funds that are freely remittable to South Africa), all as reflected in, and/or ascertained from, the Financial Statements for that Measurement Period;

  • Eligible Accounts Receivable means, at any time, the invoice value of Canadian Dollar and U.S. Dollar Accounts Receivable (net of all goods and services Taxes, harmonized sales Taxes and other sales Taxes and net of any credit balance, returns, trade discounts, unapplied cash, unbilled amount or retention or finance charges) owing to the Restricted Parties (or any of them) arising under any sales of Inventory from the operation of the business of the Restricted Parties made by the Restricted Parties to any Person in the ordinary course of business, which invoice value shall be periodically reported to the Lender in the form of Schedule “B” to be delivered (i) at the time of each Drawdown during the Covenant Holiday Period, if at the time of such Drawdown there is no principal amount outstanding under any Prime Rate Loans, Base Rate Loans, CDOR Loans, and there are no outstanding Bankers’ Acceptances or Letters of Credit (other than Letters of Credit issued under the Credit Facility that are fully secured with cash collateral provided by a Restricted Party to the Lender), and (ii) within fifteen days after the end of each calendar month during the Covenant Holiday Period, if during such month any Prime Rate Loans, Base Rate Loans, CDOR Loans, Bankers’ Acceptances or Letters of Credit (other than Letters of Credit issued under the Credit Facility that are fully secured with cash collateral provided by a Restricted Party to the Lender) are outstanding; provided that no Account Receivable shall be deemed an Eligible Account Receivable unless each of the following statements is accurate and complete (and by including such Account Receivable in any calculation of the Borrowing Base, the Borrower shall be deemed to represent and warrant to the Lender the accuracy and completeness of such statements):

  • Initial Receivable means each Contract related to a Financed Vehicle transferred to the Issuer pursuant to Section 2.1, which, as of the Closing Date, is listed on Schedule A (which Schedule A may be in the form of an electronic file), and all rights and obligations thereunder, except for Initial Receivables that shall have become Purchased Receivables or Sold Receivables.

  • Delinquent Receivable means any Receivable that is not a Liquidated Receivable and which the related Obligor fails to make at least 90% of the related Scheduled Receivables Payment by the date on which it is due and remains unpaid for more than sixty (60) days from the original payment due date.

  • Excluded Receivable means all indebtedness and other obligations owed to Originator or in which Originator has a security interest or other interest (including, without limitation, any indebtedness, obligation or interest constituting an account, chattel paper, instrument or general intangible) arising in connection with the sale of merchandise or the rendering of services by Originator and further includes, without limitation, the obligation to pay any Finance Charges with respect thereto:

  • Liquidated Receivable means a Defaulted Receivable as to which the related Financed Vehicle has been liquidated by the Servicer.

  • Review Receivable has the meaning designated in Section 1.02 of the Asset Representations Review Agreement.

  • Pool Receivable means a Receivable in the Receivables Pool.

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Borrower or a Subsidiary is the holder and retains the rights of collection of all payments thereunder.