Receivables definition

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.

Receivables means (i) all of Borrower’s Accounts, Instruments, Documents, Chattel Paper, Supporting Obligations, letters of credit, proceeds of any letter of credit, and Letter of Credit Rights, and (ii) all customer lists, software, and business records related thereto.

Receivables has the meaning assigned in the Sale and Servicing Agreement.

Examples of Receivables in a sentence

• We confirm that the offer contained herein to sell the Receivables is only capable of acceptance by the Bank upon the Bank making an Initial Payment against the Approved Receivable or notifying (including any verbal communication by the Bank to the Client, as the case may be) us in writing that the Bank has agreed to purchase the Receivables in accordance with and subject to the terms of the Agreement.

• The Seller will account, following the Closing Date and following each relevant Additional Purchase Date, to the Issuer for all sums received by it from any Obligor or other party under or in respect of the Receivables and the related Ancillary Rights and the Seller will hold the same on trust for the Issuer and such amounts will be paid to the Issuer in accordance with the Transaction Documents.

• Further, Customer acknowledges that Supplier may share limited excerpts of this Agreement and other details directly relating to the Receivables on a “need to know” basis with the Bank, subject to appropriate confidentiality undertakings by the Bank.

• The total consideration payable by the Issuer to the Seller with respect to the Receivables (together with the related Ancillary Rights) on the Purchase Date shall be an amount equal to the Initial Receivables Purchase Price or the Additional Receivables Purchase Price, as applicable, of the relevant Receivables identified in the Notice of Sale (subject to and in accordance with any netting to be made in accordance with clause 23 (Netting)).

• Receivables due under this contract shall be repaid out of collateral together with the associated legal default interest and costs due to the enforcement of collateral.

More Definitions of Receivables

Receivables means all accounts receivable (including, without limitation, all rights to payment created by or arising from sales of goods, leases of goods or the rendition of services rendered no matter how evidenced whether or not earned by performance).

Receivables means receivables, chattel paper, instruments, documents or intangibles evidencing or relating to the right to payment of money and proceeds and products thereof in each case generated in the ordinary course of business.

Receivables means all rights to payment, whether or not earned by performance, for goods or other property sold, leased, licensed, assigned or otherwise disposed of, or services rendered or to be rendered, including, without limitation all such rights constituting or evidenced by any Account, Chattel Paper, Instrument, General Intangible or Investment Related Property, together with all of Grantor's rights, if any, in any goods or other property giving rise to such right to payment and all Collateral Support and Supporting Obligations related thereto and all Receivables Records.

Receivables means the Contracts listed on Schedule A attached hereto (which Schedule may be in an electronic format).

Receivables means any and all accounts receivable, notes and other amounts receivable from third parties, including, without limitation, customers and employees, arising from the conduct of the Business before the Closing Date, whether or not in the ordinary course, together with any unpaid financing charges accrued thereon.

Receivables means all rights to payment, whether or not earned by performance, for goods or other property sold, leased, licensed, assigned or otherwise disposed of, or services rendered or to be rendered, including, without limitation all such rights constituting or evidenced by any Account, Chattel Paper, Instrument, General Intangible or Investment Related Property, together with all of Grantor’s rights, if any, in any goods or other property giving rise to such right to payment and all Collateral Support and Supporting Obligations related thereto and all Receivables Records.

Receivables means the Contracts listed on Schedule A attached hereto (which Schedule may be in the form of microfiche or a disk).