Receivables Program definition

Receivables Program means, with respect to any Person, an agreement or other arrangement or program providing for the advance of funds to such Person against the pledge, contribution, sale or other transfer of encumbrances of Receivables Program Assets of such Person or such Person and/or one or more of its Subsidiaries.

Receivables Program means, with respect to any Person, any accounts receivable securitization or commercial paper program pursuant to which such Person pledges, sells or otherwise transfers or encumbers its accounts receivable, including a trust, limited liability company, special purpose entity or other similar entity.

Receivables Program means, with respect to any Person, any accounts receivable securitization program pursuant to which such Person pledges, sells or otherwise transfers or encumbers its accounts receivable, including a trust, limited liability company, special purpose entity or other similar entity.

Examples of Receivables Program in a sentence

• The Company shall (a) perform and comply with its obligations under the Receivables Program Agreements and (b) enforce the rights and remedies afforded to it against the Receivables Account Bank under the Receivables Program Agreements, except where the failure to do so, individually or in the aggregate, would not reasonably be expected to result in an Adverse Effect.

• Engage at any time in any business or business activity other than the business currently conducted by the Borrower and the Subsidiaries and business activities reasonably incidental thereto, including any activities permitted hereunder, which, in the case of Finsub, shall be limited solely to performing its obligations under the Receivables Program Documentation.

• Conservation areas: The developer shall set aside conservation areas to conserve certain Pebble Plain habitat areas and which were observed to contain Southern Mountain Buckwheat and Ash-gray Indian Paintbrush.

• At such time that a Purchase of Receivables Program is in place in Rhode Island, the Parties agree to follow the terms and conditions of that program, and any other applicable regulations or tariff provisions as approved by the Public Utilities Commission replacing Article 4 of this Agreement.

• Deposit amounts for Residential Applicants and Residential Customers may include Natural Gas Supplier charges where such Supplier is a participant in the Company’s Purchase of Receivables Program.

More Definitions of Receivables Program

Receivables Program means the Program Receivables facility established pursuant to the Receivables Program Documentation.

Receivables Program means that certain trade receivables securitization program conducted pursuant to the Receivables Program Documents.

Receivables Program means an arrangement or arrangements under which the Borrower and its Subsidiaries sell, transfer or otherwise receive value with respect to accounts receivable pursuant to documentation reasonably satisfactory to the Administrative Agent.

Receivables Program means the program of sales of Receivables Program Receivables from time to time by the Borrower and its Subsidiaries to the H&T Master Trust pursuant to, and in accordance with the terms and conditions of, the Receivables Program Documents.

Receivables Program means, with respect to any Person, an agreement or other arrangement or program providing for the advance of funds to such Person against the pledge, contribution, sale or other transfer of encumbrances of Receivables Program Assets of such Person or such Person and/or one or more of its Restricted Subsidiaries.

Receivables Program means, collectively, (a) the sale of, or transfer of interests in, Program Receivables to Finsub, directly or indirectly, in exchange for consideration equal to the fair market value of such Program Receivables (i.e., a “true sale”) and (b) the sale of, or transfer of interests in, such Program Receivables by Finsub to special purpose trusts or other funding vehicles which are not Affiliates of Terex; provided, in each case, that recourse to Terex or any Restricted Subsidiary in connection with such transactions is limited to the extent customary for similar transactions.

Receivables Program means, collectively, (a) the sale of, or transfer of interests in, Program Receivables to Finsub in a "true sale" transaction and (b) the sale of, or transfer of interests in, such Program Receivables by Finsub to persons that are not Affiliates of the Company; provided, that all governing terms and conditions (including any terms or conditions providing for recourse to the Company or any of its Subsidiaries (other than Finsub)) of the Receivables Program shall be subject to the prior written approval of the Agents, which approval shall not be unreasonably withheld.