Examples of Transferred Receivables in a sentence
The Transferred Receivables are affected by credit, liquidity and interest rate risks.
Other factors in Borrowers' individual, personal or financial circumstances may affect the ability of Borrowers to make the required payments under the Transferred Receivables.
In this respect it should be noted that Borrowers may default on their obligations due under the Transferred Receivables.
As a Borrower's ability to meet its obligations under the Transferred Receivables depends on numerous factors beyond the control of the CBC, Borrowers may default on such obligations at any point, thereby adversely affecting the CBC's realisation under affected Transferred Receivables and, in turn, the CBC's ability to meet its obligations under the Guarantee.
Loss of earnings, illness, divorce and other similar factors may lead to an increase in delinquencies by and bankruptcies of Borrowers or the Borrowers becoming subject to debt rescheduling arrangements (schuldsaneringsregelingen), and could ultimately have an adverse impact on the ability of Borrowers to make the required payments under the Transferred Receivables.