Subject Receivable definition

Subject Receivable means any Receivable for which the related Obligor is The Home Depot, Inc. or any Subsidiary or Affiliate thereof, which Receivable was an outstanding Delinquent Receivable during the January 2022 Fiscal Month.

Subject Receivable means any right to payment from a Person that both (i) is owing to an Originator or an Affiliate of an Originator and (ii) does not constitute a Receivable.

Subject Receivable means any receivable, (i) the originator of which is a Subject Originator or (ii) which relates to FCX originated non-trade commission receivables.

Examples of Subject Receivable in a sentence

• The Asset Representations Reviewer will ensure that these systems allow for each Subject Receivable and the related Review Materials to be individually tracked and stored as contemplated by this Agreement.

• For an Asset Review, the Asset Representations Reviewer will perform for each Subject Receivable the procedures listed under “Tests” in Schedule A for each representation and warranty (each, a “Test”), using the Review Materials listed for each such Test in Schedule A.

• If the missing or insufficient Review Materials have not been provided by the Servicer within sixty (60) calendar days, the parties agree that the Subject Receivable will have a Test Incomplete for the related Test(s) and the Review Report will indicate the reason for the Test Incomplete.

• The Asset Representations Reviewer will include the previously reported Test results for any such duplicate Subject Receivable within the Review Report for the current Asset Review.

• Following the delivery of the list of the Subject Receivables and before the delivery of the Review Report by the Asset Representations Reviewer, the Servicer may notify the Asset Representations Reviewer if a Subject Receivable is paid in full by or on behalf of the Obligor or purchased from the Issuer by the Sponsor or the Servicer in accordance with the Transaction Documents.

More Definitions of Subject Receivable

Subject Receivable means any right to payment from a Person, whether constituting an account, chattel paper, payment intangible, instrument or a general intangible, in each case, arising from the sale of goods or provision of services by any Person that is an Affiliate of an Originator (but is not an Originator), including the right to payment of any interest, finance charges, fees and other payment obligations of such Person with respect thereto.

Subject Receivable set forth in Section 1.01 of the Original Receivables Financing Agreement is hereby deleted in its entirety and replaced with the following:

Subject Receivable has the meaning set forth in the Master Repurchase Agreement.

Subject Receivable means (a) any indebtedness and other obligations owed to any Subject Worthington Affiliate, arising in connection with the sale of goods or for services rendered, and includes, without limitation, the obligation to pay any finance charges, fees and other charges with respect thereto or (b) any indebtedness and other obligations owed to Cylinders, arising in connection with the sale of goods or for services rendered through the Subject Facility, and includes, without limitation, the obligation to pay any finance charges, fees and other charges with respect thereto; provided, however, that Subject Receivable shall exclude (i) all Pool Receivables and (ii) all Excluded Receivables.

Subject Receivable means any indebtedness and other obligations owed to the Subject Worthington Affiliate, arising in connection with the sale of goods or for services rendered, and includes, without limitation, the obligation to pay any finance charges, fees and other charges with respect thereto; provided, however, that Subject Receivable shall exclude (i) all Pool Receivables and (ii) all Excluded Receivables.

Subject Receivable means an account receivable owing to the Company or any Restricted Subsidiary, including accounts receivable from The Procter & Xxxxxx Company and Treasury Wine Estates for goods sold or services rendered by the Company or any such Restricted Subsidiary, as the case may be, including (a) all of the Company’s or such Restricted Subsidiary’s interest in any merchandise (including returned merchandise) relating to the sale that gave rise to such account receivable, (b) all security interests or Liens and property subject to such security interests or Liens securing or purporting to secure payment of such account receivable and all supporting obligations relating solely to such Subject Receivables, (c) tax refunds and proceeds of insurance, other agreements or arrangements of whatever character supporting or securing the payment of such account receivable, (d) all rights and causes of action of the Company or such Restricted Subsidiary against the applicable account debtor of such account receivable and (e) all books, records and other information related to such account receivable or the applicable account debtor.

Subject Receivable means any Receivable, the Originator of which is a Subject Originator and the Obligor of which has been instructed to remit Collections in respect thereof to an account or lock-box other than a Lock-Box Account or Lock-Box.