Uncollected Value definition

Uncollected Value means, with respect to a Purchased Receivable, the Face Value of such Purchased Receivable, less any payments which have been made on the principal portion of such Purchased Receivable, less any Deductions on such Purchased Receivable to the extent Purchaser has not been actually reimbursed in accordance with the provisions of Sections 2.08(d) or 2.08(e), less any portion of the Face Value of any Purchased Receivable which has been placed in dispute by the related Account Debtor (but only until such dispute is settled), but excluding for purposes of calculating its Uncollected Value any unaccrued, accrued, paid, or unpaid interest, shipping charges, or other extraneous costs and expenses relating to such Purchased Receivable.
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Uncollected Value means, with respect to a Purchased Receivable, the Face Value of such Purchased Receivable, less any payments which have been made on the principal portion of such Purchased Receivable, less any Deductions taken or existing with respect to such Purchased Receivable, less any portion of the Face Value of any Purchased Receivable which has been placed in dispute by the related Account Debtor (but only until such dispute is settled), but excluding for purposes of calculating its Uncollected Value any unaccrued, accrued, paid, or unpaid interest, or other extraneous costs and expenses relating to such Purchased Receivable (other than shipping charges, to the extent such shipping charges are Nominally Covered by the Policy).
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Uncollected Value means, with respect to an Account Receivable, the outstanding principal amount of such Account Receivable, after giving effect to any payments which have been made on the principal portion of such Account Receivable, less any Deductions or other downward adjustments of the principal amount of such Account Receivable reflected in the Books and Records of Borrower; provided that for the avoidance of doubt, the Uncollected Value of any Account Receivable shall not include any unaccrued, accrued, paid, or unpaid interest, or other extraneous costs and expenses relating to such Account Receivable.
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Examples of Uncollected Value in a sentence

  • The parties acknowledge and agree that the Transferor will be obligated to compensate Transferee for any Deductions, to the extent such Deductions were not otherwise taken into account in determining the Uncollected Value of the Transferred Receivables of the Transferor on any Settlement Date, in accordance with Section 2.7(b).

  • The Transferor will pay to the Transferee an amount in cash equal to the Uncollected Value (which for this purpose shall be the face amount thereof) of such Designated Receivables.

  • Such Assignment Agreement will specifically identify each of the Transferor's Accounts Receivable it desires to contribute to Transferee, will identify whether each such Account Receivable satisfies the criteria in the definition of “Eligible Receivable” and will include the date each such Account Receivable arose, its Uncollected Value, invoice number, the Account Debtor, currency of payment and its Scheduled Maturity Date, all determined as of such Preparation Date, as applicable.

  • Such Assignment Agreement will specifically identify each of the Transferor’s Accounts Receivable it desires to contribute to Transferee, will identify whether each such Account Receivable satisfies the criteria in the definition of “Eligible Receivable” and will include the date each such Account Receivable arose, its Uncollected Value, invoice number, the Account Debtor, currency of payment and its Scheduled Maturity Date, all determined as of such Preparation Date, as applicable.


More Definitions of Uncollected Value

Uncollected Value means, with respect to a Transferred Receivable, the outstanding principal amount of such Transferred Receivable, after giving effect to any payments which have been made on the principal portion of such Transferred Receivable, less any Deductions or other downward adjustments of the principal amount of such Transferred Receivable reflected in the Books and Records of the Transferor or Servicer; provided that for the avoidance of doubt, the Uncollected Value of any Transferred Receivable shall not include any unaccrued, accrued, paid, or unpaid interest, or other extraneous costs and expenses relating to such Transferred Receivable.
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Related to Uncollected Value

  • Uncollected Interest With respect to any Distribution Date for any Mortgage Loan on which a Payoff was made by a Mortgagor during the related Payoff Period, except for Payoffs received during the period from the first through the 14th day of the month of such Distribution Date, an amount equal to one month’s interest at the applicable Pass-Through Rate on such Mortgage Loan less the amount of interest actually paid by the Mortgagor with respect to such Payoff.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Adjustment Escrow Amount means $1,000,000.

  • Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Amounts receivable by the Trust in a foreign currency shall be reported to the Evaluator who shall convert the same to U.S. dollars based on current exchange rates, in the same manner as provided in Section 4.01(b) or 4.01(c), as applicable, for the conversion of the valuation of foreign Equity Securities, and the Evaluator shall report such conversion with each Evaluation made pursuant to Section 4.01."

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).

  • Added value means that the Contractor performs subcontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract requirements, coordinating deliveries, performing quality assurance functions).

  • Discounted Value means, with respect to the Called Principal of any Note, the amount obtained by discounting all Remaining Scheduled Payments with respect to such Called Principal from their respective scheduled due dates to the Settlement Date with respect to such Called Principal, in accordance with accepted financial practice and at a discount factor (applied on the same periodic basis as that on which interest on the Notes is payable) equal to the Reinvestment Yield with respect to such Called Principal.

  • Assessed value means 1 of the following:

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Delinquent Receivable means any Receivable that is not a Liquidated Receivable and which the related Obligor fails to make at least 90% of the related Scheduled Receivables Payment by the date on which it is due and remains unpaid for more than sixty (60) days from the original payment due date.

  • Estimated Purchase Price has the meaning set forth in Section 2.2.

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • Settlement Receivable means any general intangible, payment intangible, or instrument representing or reflecting an obligation to make payments to or for the benefit of a Person in consideration for a Settlement made or arranged, or to be made or arranged, by such Person.

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • Casualty Amount means five hundred thousand Dollars (USD500,000) (or the equivalent in any other currency);

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,802,496.17.

  • Initial Reserve Account Deposit Amount means an amount equal to $12,240,151.27.

  • Premium Amount The amount of premium due to the Note Insurer in accordance with the terms of the Insurance Agreement.

  • Initial assessed value means the assessed value, as equalized, of all the taxable property within the boundaries of the development area at the time the resolution establishing the tax increment financing plan is approved as shown by the most recent assessment roll of the municipality for which equalization has been completed at the time the resolution is adopted. Property exempt from taxation at the time of the determination of the initial assessed value shall be included as zero. For the purpose of determining initial assessed value, property for which a specific local tax is paid in lieu of a property tax shall not be considered property that is exempt from taxation. The initial assessed value of property for which a specific tax was paid in lieu of a property tax shall be determined as provided in subdivision (w).