Restructured Receivables definition
Restructured Receivables means a Receivable that otherwise meets the definition of an Eligible Receivable except that it is either: (a) a Receivable for which a Borrower has received at least one payment under a payment plan approved by a bankruptcy court or (b) an account debtor has restructured its obligations owing to a Borrower, and such Borrower has received at least one payment under the restructured terms.