Receivables Obligor definition

Receivables Obligor means with respect to any Receivable, the Person or Persons obligated to make payments with respect to such Receivable, excluding any Receivables Guarantor referred to in clause (a) of the definition of “Receivables Guarantor.”
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Receivables Obligor means, with respect to any Receivable, the Person or Persons obligated to make payments with respect to such Receivable, including any guarantor thereof.
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Receivables Obligor means an Account Debtor and any other Person obligated under any Receivable.
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Examples of Receivables Obligor in a sentence

  • Company shall not, directly or indirectly, make or own any Investment in any Person, including without limitation any Joint Venture, except Investments in Cash, Permitted Investments and Receivables (and property received from time to time in connection with the workout or insolvency of any Receivables Obligor), and Permitted Investments in the Controlled Accounts.

  • Company shall use commercially reasonable efforts to cause each applicable Receivables Obligor to cause all amounts owing in respect of a Transfer Account Receivable to be remitted directly to the applicable Transfer Account by the applicable Processor in accordance with the applicable Processor Agreement.

  • Company shall not, directly or indirectly, make or own any Investment in any Person, including without limitation any Joint Venture, except Investments in Cash, Permitted Investments and Receivables (and property received from time to time in connection with the workout or insolvency of any Receivables Obligor) and Permitted Investments in Controlled Accounts.

  • Servicer shall process all such Mail Payments and all Field Collections on the date received by recording the amount of the payment received from the Receivables Obligor and the applicable account number.

  • The Seller agrees to purchase Merchandise repossessed by the Purchaser or the Receivables Trust from a Receivables Obligor.


More Definitions of Receivables Obligor

Receivables Obligor means, collectively, an obligor under any Receivable, together with any and all Affiliates of such obligor.
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Receivables Obligor means a Person obligated to make payments pursuant to a Contract.
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Receivables Obligor means, with respect to a given Receivable, the Person obligated to make payment thereon. ​
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Receivables Obligor means a Person obligated to make payments pursuant to a Receivables Writing or Receivables Contract.
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Receivables Obligor. ’ means each of MasterCard, MasterCard Europe, VISA and Maestro. ‘‘Redemption Amount’’ means, with respect to the Class 2004 Notes, the 2004 Redemption
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Receivables Obligor shall have the meaning attributed to such term in the Servicing Agreement.
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Receivables Obligor means, with respect to a given Receivable, the Person obligated to make payment thereon.
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