Pool Receivable definition

Pool Receivable means a Receivable in the Receivables Pool.

Pool Receivable means any Receivable which has been sold or otherwise assigned (or purported to be sold, assigned, conveyed, subrogated and or otherwise transferred) by an Originator or the Contributor to the Company pursuant to an Origination Agreement.

Pool Receivable. A Receivable in the Receivables Pool.

Examples of Pool Receivable in a sentence

• The Servicer has complied in all material respects with the Credit and Collection Policy with regard to each Pool Receivable and the related Contracts.

• The Servicer shall at its expense, timely and fully perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Pool Receivables, and timely and fully comply with the Credit and Collection Policy with regard to each Pool Receivable and the related Contract.

• Notwithstanding anything to the contrary contained herein, if an Event of Default has occurred and is continuing, the Administrative Agent may direct the Servicer to commence or settle any legal action to enforce collection of any Pool Receivable that is a Defaulted Receivable or to foreclose upon or repossess any Related Security with respect to any such Defaulted Receivable.

• Except as otherwise provided herein, the Borrower will not sell, assign (by operation of law or otherwise) or otherwise dispose of, or create or suffer to exist any Adverse Claim upon (including, without limitation, the filing of any financing statement) or with respect to, any Pool Receivable or other Collateral, or assign any right to receive income in respect thereof.

• Except as otherwise permitted in Section 9.02, the Servicer will not alter the delinquency status or adjust the Outstanding Balance or otherwise modify the terms of any Pool Receivable in any material respect, or amend, modify or waive, in any material respect, any term or condition of any related Contract.

More Definitions of Pool Receivable

Pool Receivable means each Receivable in which an interest has been transferred or purported to be transferred to the Borrower by an Originator pursuant to the Receivables Sale Agreement.

Pool Receivable means any Receivable other than a Receivable owing from a Specified Obligor.

Pool Receivable means each Receivable that (a) has been or is contemporaneously therewith being sold, contributed or otherwise transferred by the Originator to the SPV under the First Tier Agreement and (b) has not been re-transferred by the SPV to the Originator or an Affiliate thereof.

Pool Receivable means a Receivable in the Receivables Pool. For the avoidance of doubt, the Pool Receivables shall include both Sold Receivables and Unsold Receivables and may include both Billed Receivables and Unbilled Receivables.

Pool Receivable means an SCC Pool Receivable, an ISC Pool Receivable or a Lease Pool Receivable.

Pool Receivable means any Receivable which has been acquired by the Seller from the Originator pursuant to the Sale Agreement.

Pool Receivable means each of the consumer loans that were originated by the Seller, the Nevada Originator or any of their Affiliates, excluding any Starter Loan Receivables.