Sales Receivables definition

Sales Receivables means Payment Intangibles owing to Fingerhut and arising from sales of Underlying Receivables and other Purchased Assets to Fingerhut SPV pursuant to the Receivables Contribution and Purchase Agreement.
View Source
Sales Receivables all rights under the Receivables Purchase Agreement, including without limitation all the Payment Intangibles owing to Grantor and arising from sales of Underlying Receivables and other Purchased Assets to Bluestem SPV pursuant to the Receivables Purchase Agreement
View Source
Sales Receivables means all account receivables arising out of any Purchase Agreement.
View Source

Examples of Sales Receivables in a sentence

  • The Grantor shall cause to be deposited in the Collateral Deposit Account on each Business Day all proceeds of Servicing Accounts, Sales Receivables and settlement payments from each Receivables Account Owner under the Receivables Account Owner Documents and Retained Receivables.

  • The Grantor shall cause to be deposited in the Collateral Deposit Account on each Business Day all proceeds of Servicing Accounts, Sales Receivables and settlement payments from Receivables Account Owners under the Receivables Account Owner Documents and Retained Receivables.

  • The Grantor shall cause to be deposited in that Merchant Deposit Account on each Business Day all proceeds of Collateral other than proceeds of Securitization Sales Receivables and Servicing Accounts and Unsecuritized Receivables.

  • Seller: TRINSIC COMMUNICATIONS, INC., and TOUCH 1 COMMUNICATIONS, INC., Commitment Amount (Exhibit A): $1,000,000 (one million dollars) of LEC Sales Receivables.

  • Upon the reasonable request of Agent, if practicable, the Inventory, Credit Card Receivables or Installment Sales Receivables of such Obligor shall be separately identified and reported to Agent in a manner reasonably satisfactory to Agent for a time period reasonably satisfactory to Agent.

  • Grantor shall cause to be deposited in the Collateral Deposit Account on each Business Day all proceeds of Servicing Accounts, Sales Receivables and settlement payments from the CIT Bank under the CIT Documents and Retained Receivables.

  • Borrowing Base: on any date of determination, an amount equal to the lesser of (a) the Seasonal Revolver Limit, minus the LC Reserve; or (b) the sum of the Inventory Formula Amount plus 90% of the Value of Eligible Credit Card Receivables plus 75% of the Value of Eligible Team Sales Receivables plus 65% of the Value of Eligible Team Sales Inventory, minus the Availability Reserve.


More Definitions of Sales Receivables

Sales Receivables means all rights under the Receivables Purchase Agreement, including without limitation all the Payment Intangibles owing to Grantor and arising from sales of Underlying Receivables and other Purchased Assets to Fingerhut SPV pursuant to the Receivables Purchase Agreement. “Section” means a numbered section of this Security Agreement, unless another document is specifically referenced. “Security” has the meaning set forth in Article 8 of the UCC. “Senior Subordinated Agent” means Prudential Capital Partners II, L.P. “Servicing Accounts” means all rights under the Servicing Agreement, including without limitation, all Accounts owing to Grantor and arising for services rendered or to be rendered by it under the Servicing Agreement.
View Source
Sales Receivables means all rights under the Receivables Purchase Agreement, including without limitation all the Payment Intangibles owing to Grantor and arising from sales of Underlying Receivables and other Purchased Assets to Fingerhut SPV pursuant to the Receivables Purchase Agreement.
View Source