Rewritten Receivable definition

Rewritten Receivable means (i) any Receivable which replaces an existing Receivable due and (ii) any Receivable which is modified using criteria consistent with the rewrite provisions of the Credit and Collection Policies, and in either case, which does not involve the receipt of any new funds by such Obligor.
Sample 1Sample 2Sample 3
Rewritten Receivable means (i) any Receivable which replaces an existing Receivable due and (ii) any Receivable which is modified using criteria consistent with the re-write provisions of the Credit and Collection Policies, and in either case, which does not involve LEGAL02/42958175v30 a the receipt of any new funds by the applicable Obligor. For the avoidance of doubt, a Temporary Reduction in Payment Plan is not a Rewritten Receivable. “Routine Inquiry” includes, without limitation, any routine inquiry, whether in the form of writing or otherwise, made by a competent Government Entity with legal authority to regulate the activities of any of the Credit Parties or any Originator with respect to the Receivables or Obligor Contracts evidencing such Receivables, made via a form letter or otherwise, in connection with (i) a customer complaint, (ii) an alleged failure to comply with a state’s licensing requirements or its deferred deposit or “payday” lending laws or similar laws that are not applicable to Seller, Borrower or any Originator in such state and which would not reasonably be expected to materially and adversely impact the Receivables, (iii) a civil investigative demand, formal inquiry or investigation into acts or practices that would not render the Receivables or the Obligor Contracts evidencing such Receivables invalid, illegal or unenforceable as a matter of law or (iv) a routine audit by any Government Entity.
Sample 1
Rewritten Receivable means (i) any Receivable which replaces an existing Receivable due and (ii) any Receivable which is modified using criteria consistent with the rewrite provisions of the Credit and Collection Policies, and in either case, which does not involve the receipt of any new funds by such Obligor. Confidential Treatment Requested by Oportun Financial Corporation Pursuant to 17 C.F.R. Section 200.83
Sample 1

Examples of Rewritten Receivable in a sentence

  • On the last Business Day of each month, or at such other time as is requested by the Lender, the Servicer shall deliver the original of each Rewritten Receivable to the Collateral Agent.

  • Immediately upon execution of any Rewritten Receivable, the Servicer shall affix thereto a legend clearly stating that all right, title and -4- interest thereto shall be the exclusive property of the Borrower subject to the lien and security interest of the Collateral Agent.

Related to Rewritten Receivable

  • Underwritten Registration or “Underwritten Offering” shall mean a Registration in which securities of the Company are sold to an Underwriter in a firm commitment underwriting for distribution to the public.

  • Written Request means a request made, in writing, by the Insured to us. All pronouns include either gender unless the context indicates otherwise.

  • Written Resolution means a written (or electronic) solution for a decision making among the Bondholders, as set out in Clause 15.5 (Written Resolutions).

  • Underwritten Registration or Underwritten Offering A registration in which securities of the Company are sold to an underwriter for reoffering to the public.

  • Order and Final Judgment means the order and final judgment of the Court approving the Settlement Agreement, as described in Section II(E)(7) below.

  • Restricted Definitive Note means a Definitive Note bearing the Private Placement Legend.

  • Final Judgment means the Judgment Entered by the Court upon Granting Final Approval of the Settlement.

  • Withdrawn Registration means a forfeited demand registration under Section 2.1 in accordance with the terms and conditions of Section 2.4.

  • Unrestricted Definitive Notes means one or more Definitive Notes that do not and are not required to bear the Private Placement Legend.

  • Restricted Definitive Security means a Definitive Security bearing the Private Placement Legend.

  • Unrestricted Definitive Note means one or more Definitive Notes that do not bear and are not required to bear the Private Placement Legend.

  • Definitive Notes has the meaning specified in Section 2.10.

  • Note Owner means, with respect to a Book-Entry Note, the Person who is the beneficial owner of such Book-Entry Note, as reflected on the books of the Clearing Agency or a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, in each case in accordance with the rules of such Clearing Agency).

  • Derivative proceeding means a civil suit in the right of a domestic corporation or, to the extent

  • Unrestricted Definitive Security means Definitive Securities and any other Securities that are not required to bear, or are not subject to, the Restricted Securities Legend.

  • Definitive Warrant means a Warrant Certificate in definitive form that is not deposited with the Depositary or with the Warrant Agent as custodian for the Depositary.

  • Being Considered for Purchase or Sale means, with respect to any security, that a recommendation to purchase or sell such security has been made and communicated or, with respect to the person making the recommendation, such person seriously considers making such recommendation.

  • Participation Register has the meaning provided therefor in Section 10.06(d).