Receivable definition

Receivable any right to payment for goods sold or leased or for services rendered, whether or not such right is evidenced by an Instrument or Chattel Paper and whether or not it has been earned by performance (including, without limitation, any Account).

Receivable means any retail installment sale contract executed by an Obligor in respect of a Financed Vehicle, and all proceeds thereof and payments thereunder, which Receivables shall be identified in a Schedule of Receivables.

Receivable means a right to receive payment arising from a sale or lease of goods or the performance of services by a Person pursuant to an arrangement with another Person pursuant to which such other Person is obligated to pay for goods or services under terms that permit the purchase of such goods and services on credit and shall include, in any event, any items of property that would be classified as an “account,” “chattel paper,” “payment intangible” or “instrument” under the Uniform Commercial Code as in effect in the State of New York and any “supporting obligations” as so defined.

Examples of Receivable in a sentence

• The Borrower has complied in all material respects with the Credit and Collection Policy of each Originator with regard to each Receivable originated by such Originator.

• Invoices and any additional copies necessary shall be directed to the designated individual(s) below: For Sponsor: Name:   Address 1:   Address 2:   Address 0:   Xxxx/Xx/XXX:   Telephone:   Email:   For RIT: Rochester Institute of Technology Accounts Receivable 00 Xxxx Xxxxxxxx Xxxxx Xxxxxxxxx, XX 00000-0000 Email: xxxxxx@xxx.xxx Payment terms are net thirty (30) days.

• Each Pool Receivable included as an Eligible Receivable in the calculation of the Net Receivables Pool Balance is an Eligible Receivable.

• Electronic ACH – To obtain RIT’s banking information, please contact Accounts Receivable at xxxxxx@xxx.xxx.

• If Option 2 is elected, the Supplier must execute an Accounts Receivable Purchase Agreement prior to commencement of Option 2.

More Definitions of Receivable

Receivable means any Contract with respect to a new or used automobile, light-duty truck or van which shall appear on the Schedule of Receivables and all Related Security in connection therewith which has not been released from the lien of the Indenture.

Receivable means any right to payment for goods sold or leased or for services rendered, whether or not such right is evidenced by an Instrument or Chattel Paper and whether or not it has been earned by performance (including, without limitation, any Account).

Receivable means any Contract listed on Schedule I hereto (which Schedule may be in the form of microfiche).

Receivable means a right to receive payment pursuant to an arrangement with another Person pursuant to which such other Person is obligated to pay, as determined in accordance with GAAP.

Receivable means a motor vehicle retail installment sale contract sold by the Seller to the Purchaser pursuant to the Receivables Purchase Agreement and identified on the Receivable Schedule (as such contract may be amended, supplemented or otherwise modified and in effect from time to time).

Receivable a right to receive payment pursuant to an arrangement with another Person pursuant to which such other Person is obligated to pay, as determined in accordance with GAAP.

Receivable means any Contract listed on the Schedule of Receivables attached to an Assignment (which Schedule may be in the form of microfiche), as such Schedule may be amended from time to time.