Rental Receivable definition

Rental Receivable means a Receivable which satisfies all of the requirements of the definition of Eligible Receivable except clause [*].
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Rental Receivable means a Receivable which satisfies all the requirements of the definition of Eligible Receivable except [*], provided (i) such Receivable must have a maturity of [*], (ii) the terms of the related Contract as they apply to such Receivable require [*], (iii) the Obligor thereof must be otherwise current on its obligations under the related Contract, (iv) if applicable, [*]. For purposes of the Net Receivables Pool Balance calculation, the value of Receivables that are Rental Receivables is limited to the product of (i) aggregate Outstanding Balance of all Eligible Receivables that are Rental Receivables and (ii) the Applicable Rental Receivables Advance Rate;
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Rental Receivable means a Receivable which satisfies all of the requirements of the definition of Eligible Receivable except clause [*] , provided [*], (ii) such Receivable must have a current maturity of [*], (iii) the applicable terms thereof must require [*], (iv) the Obligor thereof must be otherwise current on its obligations under the related Contract, (v) if applicable, [*]
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Examples of Rental Receivable in a sentence

  • Tenant hereby agrees to pay to Landlord an amount composed of past due Rental ("Receivable Payment") in accordance with the following schedule: Annual Monthly Lease Period Payment Payment ------------------ ----------- ---------- 11/01/91 - 09/30/92 $135,054.81 $12,277.71 10/01/92 - 10/31/92 $ 2,788.19 $ 2,788.19 All Receivable Payments shall be payable in lawful money of the United States.


More Definitions of Rental Receivable

Rental Receivable means a Receivable which satisfies all the requirements of the definition of Eligible Receivable except [*], provided [*], (ii) such Receivable must have a current maturity of [*], (iii) the terms of the related Contract as they apply to such Receivable require [*], (iv) the Obligor thereof must be otherwise current on its obligations under the related Contract, (v) if applicable, [*]. For purposes of the Net Receivables Pool Balance calculation, the value of Receivables that are Rental Receivables is limited to the product of (i) the aggregate Principal Balances of all Eligible Receivables that are Rental Receivables and (ii) the Applicable Rental Receivables Advance Rate;
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Rental Receivable means any and all right of a Borrower to payment of a monetary obligation arising from the lease or rental of specific goods or equipment by such Borrower in the ordinary course of such Borrower’s business.
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Rental Receivable means a Receivable which satisfies all of the requirements of the definition of Eligible Receivable except clause [*], provided (i) any such Receivable must have a maturity of [*], (ii) the applicable terms thereof must require [*], (iii) the Obligor thereof must be otherwise current on its obligations under the related Contract, and (iv) if applicable, [*]. Notwithstanding any other provision hereof, Rental Receivables shall not be eligible to be treated as “Eligible Receivables” hereunder until the date following the Closing Date when (i) each of the Rating Agencies has provided confirmation that such inclusion will not result in the downgrade or withdrawal of the ratings of the commercial paper of any Purchaser, (ii) each of the Program Support Providers has consented thereto and (iii) the Majority Purchasers have consented thereto.
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Related to Rental Receivable

  • 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.

  • Principal Receivable means each Receivable other than Finance Charge -------------------- Receivables and Receivables in Defaulted Accounts. A Principal Receivable shall be deemed to have been created at the end of the day on the Date of Processing of such Receivable. In calculating the aggregate amount of Principal Receivables on any day, the amount of Principal Receivables shall be reduced by the aggregate amount of credit balances in the Accounts on such day. Any Principal Receivables which Seller is unable to transfer as provided in Section 2.5(c) of -------------- the Transfer and Servicing Agreement shall not be included in calculating the aggregate amount of Principal Receivables.

  • 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).

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

  • Delinquent Receivable means any Receivable that is not a Liquidated Receivable and which the related Obligor fails to make at least 90% of the related Scheduled Receivables Payment by the date on which it is due and remains unpaid for more than sixty (60) days from the original payment due date.

  • Settlement Receivable means any general intangible, payment intangible, or instrument representing or reflecting an obligation to make payments to or for the benefit of a Person in consideration for a Settlement made or arranged, or to be made or arranged, by such Person.

  • Initial Receivables means any Receivable conveyed to the Trust on the Closing Date.

  • Subsequent Receivables means the Receivables transferred to the Issuer pursuant to Section 2.2, which shall be listed on Schedule A to the related Subsequent Transfer Agreement.

  • 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.

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

  • Interest Receivable means, in respect of the relevant Measurement Period ending on any Measurement Date, all interest received by or accrued to the Issuer during such period, including any amounts received by the Issuer in terms of any Treasury Transaction (as such relates to the hedging by the Issuer of its interest rate risk) (other than interest which is not received or receivable in funds that are freely remittable to South Africa), all as reflected in, and/or ascertained from, the Financial Statements for that Measurement Period;

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

  • Simple Interest Receivable means any Receivable under which the portion of a payment allocable to interest and the portion allocable to principal is determined in accordance with the Simple Interest Method.

  • 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 Receivable means, at any time, a Receivable:

  • Purchased Receivables means all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as "receivables"), arising out of the invoices and other agreements identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.

  • Liquidated Receivable means any Receivable liquidated by the Servicer through the sale or other disposition of the related Financed Equipment or that the Servicer has, after using all reasonable efforts to realize upon the Financed Equipment, determined to charge off without realizing upon the Financed Equipment.

  • 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).

  • 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.

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

  • Unbilled Receivable means, at any time, any Receivable as to which the invoice or xxxx with respect thereto has not yet been sent to the Obligor thereof.

  • Receivable Interest means, at any date of determination, an undivided percentage ownership interest in (a) 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 1.03, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Each undivided percentage interest shall be computed as C + YR + LR + CAFR +DR NRPB where:

  • Subject Receivables has the meaning assigned to such term in the Asset Representations Review Agreement.

  • Account Receivable means, with respect to any Person, any right of such person to payment for goods sold or leased or for services rendered, whether or not evidenced by an instrument or chattel paper and whether or not yet earned by performance.