Underlying Receivables definition

Underlying Receivables means the receivables which are the basis for the issuance of the covered bonds issued by the Bank.
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Underlying Receivables means all amount payable by a Receivables Obligor (as defined in the Servicing Agreement) on the related Receivables Account from time to time, and purchased by or contributed to Fingerhut SPV from Grantor under the Receivables Purchase Agreement. The foregoing definitions shall be equally applicable to both the singular and plural forms of the defined terms. ARTICLE II.
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Underlying Receivables means all amount payable by a Receivables Obligor (as defined in the Servicing Agreement as in effect on the Fourth Amendment Effective Date) on the related Receivables Account from time to time, and purchased by or contributed to Bluestem SPV from the Grantor under the Receivables Purchase Agreement. The foregoing definitions shall be equally applicable to both the singular and plural forms of the defined terms.
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Examples of Underlying Receivables in a sentence

  • Whilst not statistically significant, improvements were seen in teachers' understanding of industry over a range of areas such as career opportunities, contribution to the economy, pollution and products made.The Children Challenging Industry programme is shown to have a significant impact in the participating regions.

  • The Servicer agrees to do and perform, from time to time, any and all acts and to execute any and all further instruments required or reasonably requested by the Company more fully to effect the purposes of this Agreement, including the execution of any financing statements, continuation statements or amendments thereto relating to the Underlying Receivables for filing under the provisions of the UCC of any applicable jurisdiction.

  • The Servicer agrees to use all reasonable efforts to cause each Receivable Obligor to make all payments with respect to Underlying Receivables directly to the Lockbox Account or the US Bank Account.

  • In the ordinary course of business, upon 30 days prior written notice to the Company, the Backup Servicer and the Administrative Agent, the Servicer may at any time delegate its duties hereunder with respect to the Receivables Accounts and the Underlying Receivables to any Person that agrees to conduct such duties substantially in accordance with the applicable Operational Guidelines and this Agreement.

  • The foregoing does not constitute and is not intended to result in the creation or assumption by Buyer of any obligation of any Originator, Seller or any other Person in connection with the Accounts or the Underlying Receivables or under any agreement or instrument relating thereto, including any obligation to Obligors, merchant banks, Retailers, clearance systems or insurers.

  • Other than as permitted under the Receivables Purchase Agreement, the Servicer shall not sell, assign, convey or otherwise transfer Underlying Receivables related to any Defaulted Account or an interest therein to any of its Subsidiaries or Affiliates without the prior written consent of the Administrative Agent.

  • The Servicer has directed, and will at all times hereafter direct, all of the Receivable Obligors to forward all payments on account of Underlying Receivables directly to the Lockbox Account or the US Bank Account.

  • The Servicer shall, at all times, maintain its computer files with respect to the Receivables Accounts in such a manner so that the Eligible Underlying Receivables with respect to each Receivables Account may be specifically identified and shall make available to the Company, the Administrative Agent, any Lender and the Backup Servicer at the office of the Servicer on any Business Day any computer programs necessary to make such identification.

  • In addition, several stakeholders suggested that regular foster parents do not routinely receive the same high level of services and supports that are provided to or available to therapeutic foster parents.

  • These criteria and the day to day management of the Underlying Receivables are undertaken by Alpha Bank SA which actively manages the collection of the outstanding amounts.


More Definitions of Underlying Receivables

Underlying Receivables has the meaning set forth in the Security Agreement.
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Underlying Receivables means all amounts payable by Receivables Obligors on any Receivables Account from time to time, other than such amounts that have not yet been sold by a Receivables Account Owner to the Seller pursuant to the applicable Receivables Sale Agreement, including amounts payable for Principal Receivables and Finance Charge Receivables.
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Underlying Receivables means the receivables which are the basis for the issuance of the covered bonds issued by the Bank.(ii) Upon the occurrence of a Bankruptcy Event, the maturity date of all covered bonds issued by the Bank shall be automatically extended by 12 months (the "Extended Maturity Date").(iii) With respect to the Coverage Test and the Liquidity Test to be conducted by the Bankruptcy Receiver within three months of the date of the Bankruptcy Event in accordance with the Polish Covered Bonds Act:
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Related to Underlying Receivables

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.

  • 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.

  • Related Security means, with respect to any Receivable: