Program Receivables definition

Program Receivables means all trade receivables and related contract rights originated and owned by the Borrower or any Subsidiary and sold pursuant to the Receivables Program.

Program Receivables means all Eligible Receivables sold pursuant to a Permitted Receivables Financing.

Program Receivables means all trade receivables and related contract and other rights and property (including all general intangibles, collections and other proceeds relating thereto, all security therefor and any goods that have been repossessed in connection with any thereof) sold or contributed by the Borrower to JSF prior to the commencement of a Liquidation Period (as defined in the Receivables Program Documents) pursuant to the Receivables Program Documents (including property of SNC sold to the Borrower for sale or contribution by the Borrower to JSF pursuant to the Receivables Program Documents).

Examples of Program Receivables in a sentence

• Without limiting the generality of the foregoing, the Agents are hereby expressly authorized to execute any and all documents (including releases) with respect to the Collateral and the Program Receivables and the rights of the Secured Parties with respect thereto, as contemplated by and in accordance with the provisions of this Agreement and the Security Documents.

• After May 31, 2012, no Receivables will be sold pursuant to any agreement other than the Documents, and prior to May 31, 2012, the aggregate Expected Net Value of the AccessOne Program Receivables shall not exceed $500,000.

• After May 31, 2012, no Receivables will be sold pursuant to any agreement other than the Facility Documents, and prior to May 31, 2012, the aggregate Expected Net Value of the AccessOne Program Receivables shall not exceed $500,000.

• At the request of either the Servicer or the Subservicer, but no more frequently than twice in a 12 month period, the Servicer or the Subservicer may request a new Servicing Fee Schedule in order to reflect servicing fee rates consistent with the composition of the Program Receivables and market rates for servicing similar financial assets.

• Upon termination or resignation of SCI as Subservicer hereunder or termination of this Agreement, the Subservicer agrees that it will cooperate with and assist any new subservicer (including providing access to, and transferring, all records and allowing the new subservicer to use (to the extent legally and contractually permissible) all licenses, hardware or software necessary or desirable to collect the Program Receivables).

More Definitions of Program Receivables

Program Receivables means all trade receivables and related contract and other rights and property (including all general intangibles, collections and other proceeds relating thereto, all security therefor and any goods that have been repossessed in connection with any thereof) sold or contributed by Stone or any Subsidiary to FinSub pursuant to the Receivables Program Documents.

Program Receivables means all Trade Receivables and Equipment Receivables originated and owned by Terex or any Restricted Subsidiary and sold pursuant to a Receivables Program.

Program Receivables means all Trade Receivables and Equipment Receivables originated and owned by the Company or any Restricted Subsidiary and sold pursuant to a Receivables Program.

Program Receivables means all trade receivables and related contract rights originated and owned by the Parent or any of its Subsidiaries and sold pursuant to the Receivables Program.

Program Receivables means all purchases and cash advances attributable to the Accounts, less any adjustments or credits for which Bank is obligated to settle with MasterCard.

Program Receivables means all trade receivables and related contract rights originated and owned by the Company or any Subsidiary and sold pursuant to the Receivables Program. “Pro Rata Percentage” of any Revolving Credit Lender at any time shall mean the percentage of the Total Revolving Credit Commitment represented by such Lender’s Revolving Credit Commitment. In the event the Revolving Credit Commitments shall have expired or been terminated, the Pro Rata Percentages shall be determined on the basis of the Revolving Credit Commitments most recently in effect.

Program Receivables meanss the net outstanding book principal balances of purchases and cash advances made on the Accounts.