Securitisation Assets definition
Securitisation Assets means any accounts receivable or related assets and inventory subject to a Qualified Securitisation Financing. For the purpose of this definition, for the avoidance of doubt assets related to accounts receivable include cash received on payment of the accounts receivable and accounts into which such cash is deposited.
Securitisation Assets means: (a) the accounts receivable, royalty or other revenue streams and other rights to payment and other assets related thereto subject to a Qualified Securitisation Facility and the proceeds thereof; and (b) contract rights, lockbox accounts and records with respect to such accounts receivable and any other assets customarily transferred together with accounts receivable in a securitisation financing. “Securitisation Facility” means any transaction or series of securitization financings that may be entered into by the Borrowers or any Subsidiary pursuant to which such Borrower or any such Subsidiary may sell, convey or otherwise transfer, or may grant a security interest in, Securitisation Assets to either:
Securitisation Assets means any accounts receivable (and related assets), whether now existing or arising in the future, that are subject to a Qualified Receivables Financing.
More Definitions of Securitisation Assets
Securitisation Assets means any asset, whether existing or future, whether movable or immovable, and whether tangible or intangible which forms part of or which is incidental to the receivable, and where the context so allows;
Securitisation Assets means Group receivables, contracts giving rise to such receivables or providing for their administration and any bank accounts into which the proceeds of any such receivables are required to be paid pursuant to the Securitisation and into which no other amounts are paid;