Pending Settlement Receivable definition

Pending Settlement Receivable means, as of any Business Day, the net payment obligation of any counterparty to the Fund under (a) any executed sale, assignment, novation or other similar transaction in relation to any Investment or any Other Investment Position or (b) any Investment or Other Investment Position that that has been terminated or which otherwise ceases to be an Investment or Other Investment Position, in each case, which has not settled as of such Business Day.
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Related to Pending Settlement Receivable

  • Settlement Receivable means any general intangible, payment intangible, or instrument representing or reflecting an obligation to make payments to or for the benefit of a Person in consideration for a Settlement made or arranged, or to be made or arranged, by such Person.

  • Current Receivable means each Receivable that is not a Defaulted Receivable or a Liquidated Receivable.

  • Subsequent Receivables means the Receivables transferred to the Issuer pursuant to Section 2.2, which shall be listed on Schedule A to the related Subsequent Transfer Agreement.

  • Purchase Contract Settlement Date has the meaning specified in the Recitals.

  • Monthly Settlement Date means the 25th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).