Receivable Notes definition

Receivable Notes as defined in the Recitals hereto.
Receivable Notes means, individually or collectively, the Receivable Note(s), dated June 1, 2000, made by the Borrower payable to the order of each of the Lenders, the aggregate original principal amount of which is Twenty Million Dollars ($20,000,000), and the individual original principal amount of which is the Receivable Commitment of the applicable Lender, together with all extensions, renewals, modifications, substitutions and changes in form thereof effected by written agreement between the Borrower and all of the Lenders.
Receivable Notes set forth in Section 1 of the Credit Agreement are hereby amended and restated in their entirety to read as set forth on Exhibit "A" attached hereto.

Examples of Receivable Notes in a sentence

  • Except as otherwise provided in Section 6.06, (i) the Receivable Noteholders shall not at any time have any recourse on the Receivable Notes or under this Indenture against the Issuer (other than the Receivable Assets) and (ii) the Class R Noteholders shall not at any time have any recourse on the Class R Notes or under this Indenture against the Issuer (other than the Residual Assets).

  • The aggregate amount of all unpaid Advances made pursuant to the Receivable Commitments set forth on the records of the Lenders shall be rebuttable presumptive evidence of the principal amount owing and unpaid on the Receivable Note(s).

  • Within the limits set forth above, the Borrower may borrow, repay and request additional Advances under the Receivable Notes.

  • Any other provision of this Credit Agreement to the contrary notwithstanding, the Borrower shall make all payments of interest on and principal of the Receivable Note(s) to the Agent for the ratable account of the Lenders at the Agent's office shown on the first page hereof (or to such other locations as may from time to time be specified by the Agent).

  • To the extent the Lenders receive proceeds of any Collateral after the exercise of remedies provided for in Section 8.2 it shall be applied first to any obligations of the Borrower relating to or arising under the Receivable Note(s) and Loan, and then to all the other obligations to the Lenders under the Loan Documents.

  • Notes Receivable Notes receivable consist of equipment installment-plan (EIP) trade receivables due from customers under contracts over a period of up to 30 months.

  • The Accounts Receivable, Notes Receivable, Advances to Supplier, and Other Receivables of TCB Digital reflected on the TCB Financial Statements, and created after December 31, 2007 but prior to the Closing Date, are bona fide receivables, created in the ordinary course of business.

  • Such credit shall be allocated each month among the Loan Receivable Notes as follows: Note Given by Credit ------------------------------------ Charxxx X.

  • Notes Receivable Notes receivable, or financing receivables, are primarily comprised of capital lease receivables and loans and are typically considered delinquent when payment is not received for periods ranging from 60 to 120 days.

  • Schedule 3.7 correctly sets forth all Accounts Receivable, Notes Receivable and Employee Receivables by debtor, due date or aging, and dollar amount.


More Definitions of Receivable Notes

Receivable Notes means any promissory notes issued by an Obligor to evidence a Receivable.
Receivable Notes means, individually or collectively, the Receivable Note(s), dated June 1, 2000, made by the Borrower payable to the order of each of the Lenders, the aggregate original principal amount of which is Twelve Million Dollars ($12,000,000) (as such amount will be reduced on November 1, 2001 and December 15, 2001), and the individual original principal amount of which is the Receivable Commitment of the applicable Lender (as such amounts will be reduced on November 1, 2001 and December 15, 2001), together with all extensions, renewals, modifications, substitutions and changes in form thereof effected by written agreement between the Borrower and all of the Lenders.
Receivable Notes means any promissory notes issued by an Obligor to evidence a past-due or otherwise delinquent Receivable.

Related to Receivable Notes

  • Eligible Notes means (a) Note(s) meeting the eligiblity criteria set out in § 204.12 hereof.

  • Receivable Interest means, at any time, an undivided percentage ownership interest in (i) all then outstanding Pool Receivables arising prior to the time of the most recent computation or recomputation of such undivided percentage interest pursuant to Section 2.03, (ii) all Related Security with respect to such Pool Receivables, and (iii) all Collections with respect to, and other proceeds of, such Pool Receivables. Such undivided percentage interest shall be computed as

  • Receivables Documents means all documentation relating to any receivables financing program providing for the sale of some or all Receivables Facility Assets by Company and its Subsidiaries (whether or not to a Receivables Subsidiary) in transactions purporting to be sales and shall include the documents evidencing any Permitted Accounts Receivable Securitization and any Receivables Factoring Facility.

  • Mortgage Notes means, collectively, the promissory notes aggregating $310,000,000 principal amount issued pursuant to the Mortgage Note Agreements, dated December 12, 1991 and executed by the Operating Partnership, together with and any loan agreement and security documents executed in connection therewith, any and all instruments given in renewal, extension, modification, or rearrangement of or in substitution or replacement for any one or more of the foregoing described promissory notes and other documents, whether given to the original purchaser thereof (or its designee) or any other Person and other documents.

  • Exchange Notes means the Notes issued in the Exchange Offer pursuant to Section 2.06(f) hereof.

  • Asset Backed Notes (the “Class C Notes”), “Class D 2.42% Asset Backed Notes” (the “Class D Notes”) and “Class E 3.41% Asset Backed Notes” (the “Class E Notes”) (the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes, the “Notes”). This Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement, to which Trust Agreement the holder of this Certificate by virtue of the acceptance hereof assents and by which such holder is bound. The property of the Trust includes a pool of retail installment sale contracts secured by new and used automobiles, vans or light duty trucks (the “Receivables”), all monies due thereunder on or after the Cutoff Date, security interests in the vehicles financed thereby, certain bank accounts and the proceeds thereof, proceeds from claims on certain insurance policies and certain other rights under the Trust Agreement and the Sale and Servicing Agreement, all right, title and interest of the Seller in and to the Purchase Agreement dated as of April 3, 2013 between AmeriCredit Financial Services, Inc. and the Seller and all proceeds of the foregoing. The holder of this Certificate acknowledges and agrees that its rights to receive distributions in respect of this Certificate are subordinated to the rights of the Noteholders as described in the Sale and Servicing Agreement, the Indenture and the Trust Agreement, as applicable. Distributions on this Certificate will be made as provided in the Trust Agreement or any other Basic Document by wire transfer or check mailed to the Certificateholder without the presentation or surrender of this Certificate or the making of any notation hereon. Except as otherwise provided in the Trust Agreement and notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Servicer on behalf of the Owner Trustee of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency maintained for the purpose by the Owner Trustee in the Corporate Trust Office. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. Unless the certificate of authentication hereon shall have been executed by an authorized officer of the Owner Trustee, by manual signature, this Certificate shall not entitle the holder hereof to any benefit under the Trust Agreement or the Sale and Servicing Agreement or be valid for any purpose. THIS CERTIFICATE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF DELAWARE, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • Equipment Notes means, at any time, the Series A Equipment Notes and the Series B Equipment Notes, collectively, and in each case, any Equipment Notes issued in exchange therefor or replacement thereof pursuant to the terms of the Indentures.

  • Notes shall have the meaning assigned to such term in the recitals.

  • Exchangeable Notes means the Class M Notes and MAC Notes of the Xxxxxxx Mac STACR® Debt Notes, Series 2015-HQ1, which may be transferred only on the book-entry system operated by DTC or its successor, or under certain limited circumstances, in registered, certificated form, as provided in the Global Agency Agreement.

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • Note A-3 Securitization Date means the closing date of the Note A-3 Securitization.

  • Note A-6 Securitization Date means the closing date of the Note A-6 Securitization.

  • Note A-3 Securitization means the first sale by the Note A-3 Holder of all or a portion of Note A-3 to a depositor who will in turn include such portion of Note A-3 as part of the securitization of one or more mortgage loans.

  • Class E Notes has the meaning assigned to such term in the Indenture.

  • Seller Notes means any promissory note or notes issued by the Borrower or a Restricted Subsidiary of the Borrower in respect of any acquisition permitted hereunder as consideration in connection with such acquisition, but that is not in the nature of an earn-out obligation or similar deferred or contingent obligation.

  • Note A-5 Securitization Date means the closing date of the Note A-5 Securitization.

  • Note A-4 Securitization Date means the closing date of the Note A-4 Securitization.

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • Note A-6 Securitization means the first sale by the Note A-6 Holder of all or a portion of Note A-6 to a depositor who will in turn include such portion of Note A-6 as part of the securitization of one or more mortgage loans.

  • Subordinate Notes means the B Notes and the C Notes, individually or collectively, as the context may require.

  • Note A-2 Securitization means the first sale by the Note A-2 Holder of all or a portion of Note A-2 to a depositor who will in turn include such portion of Note A-2 as part of the securitization of one or more mortgage loans.

  • Receivables Purchase Facility means any securitization facility made available to the Borrower or any of its Subsidiaries, pursuant to which receivables of the Borrower or any of its Subsidiaries are transferred to one or more SPCs, and thereafter to certain investors, pursuant to the terms and conditions of the Receivables Purchase Documents.

  • Principal Receivables means all Receivables other than Finance Charge Receivables.

  • Trust Notes As defined in the Introductory Statement.