Related Party Receivable definition

Related Party Receivable means the up to U.S.$50 million of receivables owed to the Company by certain of its affiliates.
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Related Party Receivable means each amount receivable (whether or not due) and including accrued interest by any Company from any member of the LINPAC Group.
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Related Party Receivable has the meaning set forth in Section 2.23.
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Examples of Related Party Receivable in a sentence

  • During the six months ended June 30, 2019, the Company performed consulting services consisting of electro-seismic imaging on behalf of Reliable One for which it charged $150,000 that is reflected as Related Party Receivable on the balance sheet.

  • The list includes the payor, payee, amount, terms of repayment, maturity date and any set off rights of the payor of each Related Party Receivable and Related Party Payable.

  • This advance is included in Related Party Receivable on the Company’s unaudited condensed balance sheet.On April 20, 2020, the Company received a notice from the lenders of the Note, stating that the Company was in default for not closing the amalgamation with Ameri by March 31, 2020, and that the entire Note was due in full.

  • Schedule 4.28 includes a list of all amounts payable to TWGI or Affiliates by any Affiliated Person of TWGI or Affiliates (the "Related Party Receivables") and all amounts payable by TWGI or any Affiliate to any Affiliated Person of TWGI or Affiliates (the "Related Party Payables") as of the date of this Agreement, specifying the payer, payee, amount, terms of repayment, maturity date and any contractual set off rights of the payer of each Related Party Receivable and Related Party Payable.

  • Below is a summary of outstanding balances and a description of significant relationships (in thousands): Related Party Receivable and Payable As of December 31, 2020 and 2019, the Company had related party receivables of $5.6 and $1.9 million respectively.

  • Schedule 4.21 includes a list of all amounts payable to Park by any Affiliate of Park (the "Related Party Receivables") and all amounts payable by Park to any Affiliate of Park (the "Related Party Payables") as of December 31, 1995, specifying the payor, payee, and amount of each Related Party Receivable and Related Party Payable.

  • Schedule B.21-3 includes a list of all amounts payable to CJC by any Affiliate of CJC (the "Related Party Receivables") and all amounts payable by CJC to any Affiliate of CJC (the "Related Party Payables") as of March 31, 2001, specifying the payor, payee, and amount of each Related Party Receivable and Related Party Payable.

  • Schedule 4.18(b) sets forth a description of each Related Party Payable and each Related Party Receivable as of the date set forth on Schedule 4.18(b).

  • Related Party Receivable ------------------------ An affiliated entity owes the Company $263,789 and $213,204 at December 31, 1997 and October 4, 1998, respectively.

  • Accordingly, the Related Party Receivable was from Dalian Group Holdings.

Related to Related Party Receivable

  • Warranty Receivable means a Receivable which the Seller is required to repurchase pursuant to Section 3.02.

  • Sold Receivable means a Receivable that was more than 60 days delinquent and was sold to an unaffiliated third party by the Issuer, at the Servicer’s direction, as of the close of business on the last day of a Collection Period and in accordance with the provisions of Section 4.3(c) hereof.

  • Transferred Receivable means a Purchased Receivable or a Contributed Receivable.

  • Excluded Receivable means all indebtedness and other obligations owed to Originator or in which Originator has a security interest or other interest (including, without limitation, any indebtedness, obligation or interest constituting an account, chattel paper, instrument or general intangible) arising in connection with the sale of merchandise or the rendering of services by Originator and further includes, without limitation, the obligation to pay any Finance Charges with respect thereto:

  • Purchased Receivable means a Receivable purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Sections 4.2, 4.4(c) or 4.7 or repurchased by the Seller or the Servicer pursuant to Section 3.2 or Section 10.1(a).

  • Excluded Receivables means, as of any date of determination, all accounts receivable referred to in Item 1 of Schedule 7.01.

  • Ineligible Receivable shall have the meaning specified in subsection 2.04(d)(iii).

  • Administrative Receivable means a Receivable which the Servicer is required to purchase pursuant to Section 3.08 or which the Servicer has elected to purchase pursuant to Section 8.01.

  • Permitted Receivables Related Assets means any other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving receivables similar to Receivables and any collections or proceeds of any of the foregoing.

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Borrower or a Subsidiary is the holder and retains the rights of collection of all payments thereunder.

  • Eligible Receivables means and include with respect to each Borrower, each Receivable of such Borrower arising in the Ordinary Course of Business and which Agent, in its sole credit judgment, shall deem to be an Eligible Receivable, based on such considerations as Agent may from time to time deem appropriate. A Receivable shall not be deemed eligible unless such Receivable is subject to Agent’s first priority perfected security interest and no other Lien (other than Permitted Encumbrances), and is evidenced by an invoice or other documentary evidence satisfactory to Agent. In addition, no Receivable shall be an Eligible Receivable if:

  • Eligible Receivable means, at any time, a Receivable:

  • Loan Asset means each commercial loan identified on Schedule A hereto, and each commercial loan identified on any Purchase Notice.

  • Receivables Related Assets means accounts receivable, instruments, chattel paper, obligations, general intangibles and other similar assets, in each case relating to receivables subject to the Permitted Receivables Facility, including interests in merchandise or goods, the sale or lease of which gave rise to such receivables, related contractual rights, guaranties, insurance proceeds, collections and proceeds of all of the foregoing.

  • REO Disposition Proceeds All amounts received with respect to an REO Disposition pursuant to Section 4.16.

  • Delinquent Receivable means a Receivable as to which any payment, or part thereof, remains unpaid for 61 days or more from the original due date for such payment.

  • Ineligible Receivables shall have the meaning specified in subsection 2.05(a).

  • Receivable any right to payment for goods sold or leased or for services rendered, whether or not such right is evidenced by an Instrument or Chattel Paper and whether or not it has been earned by performance (including, without limitation, any Account).

  • Qualified Originator means an originator of Mortgage Loans which is acceptable under the Underwriting Guidelines.

  • Originator means the sender of the first payment order in a funds transfer.

  • Repurchased Receivable means a Receivable purchased by Santander Consumer pursuant to Section 3.4 of the Purchase Agreement or by the Servicer pursuant to Section 3.6 of the Sale and Servicing Agreement.

  • Eligible Account Receivable means an Account Receivable owing to the Company or any Domestic Subsidiary which meets the following requirements:

  • Mortgage loan originator means any institution which originated a Mortgage Loan for a related Borrower.

  • Matured Vehicle as of any date means any Leased Vehicle the related Lease of which has reached its Maturity Date or has been terminated in connection with a Lessee Initiated Early Termination (and the Lessee is not in default under such Lease) or in connection with a Casualty Termination, which Leased Vehicle has been returned to the Servicer on behalf of the Titling Trust, if applicable.

  • Purchased Loan A motor vehicle retail installment loan relating to the sale of an automobile or light-duty truck originated by a Dealer, purchased by CAC or a subsidiary from such Dealer and evidenced by a motor vehicle retail installment sales contract.

  • Government Receivable means a Receivable, the Obligor of which is a government or a governmental subdivision or agency.