Program Receivable definition

Program Receivable with respect to any Program Portfolio, has the meaning set forth in the related Program Portfolio Schedule.
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Program Receivable means any Receivable, or any similar right to payment from any Person related to the advancing of a private student loan, in any case originated or otherwise acquired by the Borrower, EEF or any Affiliate thereof, which Receivable or right to payment is originated or acquired under or by reference to the PrePrime Program or the Prime Program, as the case may be, or any other private student loan program with substantially similar origination and underwriting policies and target obligors.
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Program Receivable means any Receivable from a Customer (a) due more than one hundred and eighty (180) days after the original invoice date and (b) created in connection with Borrower's sales incentive program pursuant to which such Customer receives and accepts delivery from Borrower of the Inventory giving rise to such Receivable between September 1 through and including December 31 of each calendar year.
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Examples of Program Receivable in a sentence

  • The EMD will be refunded without any interest to the unsuccessful tenderer after the award of contract.

  • The Servicer has obtained all necessary licenses and approvals in each jurisdiction where the failure to do so would materially and adversely affect the ability of the Servicer to perform its obligations under this Agreement or any Program Portfolio Schedule or affect the enforceability or collectability of any Program Receivable.

  • Notwithstanding the access rights provided to the Subservicer pursuant to this Section 2.1, the parties hereto agree that the Subservicer shall have no ownership or similar rights in any Contract File or Program Receivable.

  • The Subservicer has obtained all necessary licenses and approvals in each jurisdiction where the failure to do so would materially and adversely affect the ability of the Subservicer to perform its obligations under this Agreement or any Program Portfolio Schedule or affect the enforceability or collectability of any Program Receivable.

  • Volume growth is constrained in this space by handset/ acceptance concerns.

  • In the event the Servicer does not deliver such a statement to any obligor as required and the Subservicer delivers such a statement, Servicer agrees that it will pay the reasonable costs of the statements and delivery costs, or (ii) otherwise contact or solicit any Obligor throughout the life of the related Program Receivable other than as expressly permitted by this Agreement.

  • For the avoidance of doubt, under the COVID-19 Customer Relief Program, in no event shall an Obligor be permitted to avail itself of (a) the Phase II Program prior to exhausting relief under the Phase I Program, (b) the Phase III Program prior to exhausting relief under the Phase II Program, or (c) the Phase I Program, the Phase II Program or the Phase III Program after the related Receivable has become a Re-performing COVID Program Receivable.

  • Payment by BFC of the Program Receivable amount due that day shall be made by wire transfer no later than 2:00 p.m. (central time), unless CB&T us late in notifying BFC of the amount due that day, in which case, BFC shall use all reasonable efforts to send the wire transfer within the time period set forth above or as soon thereafter as possible.

  • Accounts receivable consist of the following: June 30, December 31,2019 2018Trade receivables $ 19,151 $ 26,654Income tax refundable credit 1,379 1,379Redevelopment Assistance Capital Program Receivable 150 150$ 20,909 $ 28,502Other 229 319The Company has not recorded any allowance for credit losses for the periods presented above.

  • Accounts receivable consist of the following: March 31, December 31,2019 2018Trade receivables $ 22,439 $ 26,654Income tax refundable credit 1,379 1,379Redevelopment Assistance Capital Program Receivable 150 150Other 291 319$ 24,259 $ 28,502The Company has not recorded any allowance for credit losses for the periods presented above.

Related to Program Receivable

  • 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).

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

  • 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.

  • 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.

  • 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.

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

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

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

  • 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).

  • 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.

  • Eligible Receivable means, at any time, a 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.

  • 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.

  • 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.

  • Purchased Receivables means all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as "receivables"), arising out of the invoices and other agreements identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.

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

  • 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.

  • 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:

  • Charged-Off Receivable means a Receivable: (i) as to which the Obligor thereof has taken any action, or suffered any event to occur, of the type described in Section 9.1(d) (as if references to Seller Party therein refer to such Obligor); (ii) as to which the Obligor thereof, if a natural person, is deceased, (iii) which, consistent with the Credit and Collection Policy, would be written off Seller’s books as uncollectible, or (iv) which has been identified by Seller as uncollectible.

  • 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;

  • Asset Review Receivable means, for any Asset Review, each Receivable that is not a Liquidated Receivable and with respect to which the related Obligor failed to make at least 90% of the related Scheduled Receivables Payment by the date on which it was due and, as of the last day of the Collection Period prior to the date the related Asset Review Notice was delivered, remained unpaid for sixty (60) days or more from the original payment due date.

  • 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.

  • 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.

  • 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.

  • Ineligible Receivables shall have the meaning specified in subsection 2.05(a).