trade receivable definition

trade receivable means a receivable for the Policy Holder arising out of a trade credit transaction.

trade receivable. , in respect of a company, means an amount recorded in the company’s balance sheet as owed to that company 30

trade receivable means a receivable (including any Tax or duty payable) and any other obligation incurred by the Buyer under a Contract of Sale together with its related rights.

Examples of trade receivable in a sentence

• You shall upon Our request, do all such further acts and things and execute such documents as may be required by Us (and in such form as We may specify) in order to give effect to the provisions and intentions of the Agreement or to facilitate the exercise of the rights and powers conferred on Us under the Agreement (including, without limitation, granting Us a power of attorney to perfect the purchase of any Trade Receivable by Us.

• If We elect to purchase a Trade Receivable appearing pursuant to a Standing Request to Purchase, We purchase from You and You assign to Us that Trade Receivable.

• We have no recourse against You for any Trade Receivable We purchase.

• Ownership of a Trade Receivable that We agree to purchase from You shall vest in Us when We make payment of the Purchase Price for that Trade receivable.

• For the avoidance of doubt, You will pay Us on demand the full amount of such Trade Receivable in the original currency of that Trade Receivable, notwithstanding that You received the Purchase Price for such Trade Receivable in a Preferred Currency.

More Definitions of trade receivable

trade receivable. , in respect of a company, means an amount recorded in the company’s balance sheet as owed to that company in respect of a trade carried on by it;”

trade receivable. , in respect of a company, means an amount recorded in the company’s balance sheet as owed to that company in respect of goods, services, assets, credit or rights sold, provided or licensed by that company for the purposes of a trade carried on by it;”

trade receivable means a receivable arising under an original contract for the sale or lease of goods or the provision of services.

trade receivable means a receivable owned by the Policy Holder arising out of a trade credit transaction.

trade receivable means an account receivable which at all times meets each of the following requirements:

trade receivable means any indebtedness and other obligations ---------------- (other than an Equipment Loan) owed to an Originator (prior to giving effect to any sale or other transfer to the Borrower under the Transfer Agreement or any transfer or conveyance hereunder) whether constituting an account, chattel paper or a general intangible, arising in connection with the sale of goods or merchandise or the rendering of services by such Originator, which includes, without limitation, the obligation to pay any finance, interest, late payment or similar charges with respect thereto, which was purchased by the Borrower from such Originator or otherwise conveyed to the Borrower by such Originator pursuant to the Transfer Agreement. Indebtedness and other rights and obligations arising from any one transaction, including, without limitation, indebtedness and other rights and obligations represented by an individual invoice, shall constitute a Trade Receivable separate from a Trade Receivable consisting of the indebtedness and other rights and obligations arising from any other transaction. Restructurings and extensions of such indebtedness and other rights and obligations including, without limitation, a restructuring in which a new Obligor is permitted to assume the obligations of an existing Obligor, shall not be deemed to give rise to the creation of new Trade Receivables.

trade receivable means a receivable: