Subject Receivable means any right to payment from a Person that both (i) is owing to an Originator or an Affiliate of an Originator and (ii) does not constitute a Receivable.
Subject Receivable means any Receivable for which the related Obligor is The Home Depot, Inc. or any Subsidiary or Affiliate thereof, which Receivable was an outstanding Delinquent Receivable during the January 2022 Fiscal Month.
Subject Receivable means any receivable, (i) the originator of which is a Subject Originator or (ii) which relates to FCX originated non-trade commission receivables.
Examples of Subject Receivable in a sentence
Such Originator has complied in all material respects with its Credit and Collection Policy in regard to each Subject Receivable sold by it hereunder and the related Contracts.
Other than any Subject Receivable not included in the Borrowing Base, each Subject Receivable sold, transferred or assigned hereunder by any Originator to the Buyer is an Eligible Non-Residential Account or an Eligible Residential Account (each as defined in the ABL Credit Agreement) on the applicable Sale Date.
Each Subject Receivable was not selected by such Originator using any materially adverse selection procedures that identified such Subject Receivables as being materially less desirable or valuable than other Receivables originated by such Originator.
Except as otherwise provided herein, no Originator will sell, assign (by operation of law or otherwise) or otherwise dispose of any Subject Receivable or Related Rights, or assign any right to receive income in respect thereof, or create or suffer to exist any Adverse Claim arising through or under it upon, or with respect to, any Subject Receivable or Related Rights (including, without limitation, by filing of any financing statement).
OB = The Outstanding Balance of such Subject Receivable on the relevant Payment Date.
More Definitions of Subject Receivable
Subject Receivable set forth in Section 1.01 of the Original Receivables Financing Agreement is hereby deleted and replaced in its entirety with the following:
Subject Receivable means an account receivable owing to the Company from The Procter & Xxxxxx Company or the Australian Borrower from Treasury Wine Estates for goods sold or services rendered by the Company or the Australian Borrower, as the case may be, including (a) all of the Company’s or the Australian Borrower’s interest in any merchandise (including returned merchandise) relating to the sale that gave rise to such account receivable, (b) all security interests or Liens and property subject to such security interests or Liens securing or purporting to secure payment of such account receivable and all Supporting Obligations relating solely to such Subject Receivables, (c) tax refunds and proceeds of insurance, other agreements or arrangements of whatever character supporting or securing the payment of such account receivable, (d) all rights and causes of action of the Company or the Australian Borrower against the applicable Account Debtor of such account receivable and (e) all books, records and other information related to such account receivable or the applicable Account Debtor.”
Subject Receivable means (a) any indebtedness and other obligations owed to any Subject Worthington Affiliate, arising in connection with the sale of goods or for services rendered, and includes, without limitation, the obligation to pay any finance charges, fees and other charges with respect thereto or (b) any indebtedness and other obligations owed to Cylinders, arising in connection with the sale of goods or for services rendered through the Subject Facility, and includes, without limitation, the obligation to pay any finance charges, fees and other charges with respect thereto; provided, however, that Subject Receivable shall exclude (i) all Pool Receivables and (ii) all Excluded Receivables.
Subject Receivable means any Receivable for which the related Obligor is identified in the Information Package as BP xxxx2224.
Subject Receivable means any Receivable, the Originator of which is a Subject Originator and the Obligor of which has been instructed to remit Collections in respect thereof to an account or lock-box other than a Lock-Box Account or Lock-Box.
Subject Receivable means an account receivable (i) owing to the Company or any of its Subsidiaries from (A) The Procter & Xxxxxx Company and/or its subsidiaries or affiliates or (B) any other Person approved by the Administrative Agent in its sole discretion (such approval not to be unreasonably withheld or delayed) or (ii) owing to the Australian Borrower or any of its Subsidiaries from (A) Treasury Wine Estates and/or its subsidiaries or affiliates or (B) from any other Person approved by the Agents in their sole discretion (such approval not to be unreasonably withheld or delayed), in each case for goods sold or services rendered by the Company or the Australian Borrower or any of their respective Subsidiaries, as the case may be, including (a) all of the Company’s or the Australian Borrower’s or any of their respective Subsidiaries’ interest in any merchandise (including returned merchandise) relating to the sale that gave rise to such account receivable, (b) all security interests or Liens and property subject to such security interests or Liens securing or purporting to secure payment of such account receivable and all Supporting Obligations relating solely to such Subject Receivables, (c) tax refunds and proceeds of insurance, other agreements or arrangements of whatever character supporting or securing the payment of such account receivable, (d) all rights and causes of action of the Company or the Australian Borrower or any of their respective Subsidiaries against the applicable Account Debtor of such account receivable and (e) all books, records and other information related to such account receivable or the applicable Account Debtor.”
Subject Receivable means any indebtedness and other obligations owed to the Subject Worthington Affiliate, arising in connection with the sale of goods or for services rendered, and includes, without limitation, the obligation to pay any finance charges, fees and other charges with respect thereto; provided, however, that Subject Receivable shall exclude (i) all Pool Receivables and (ii) all Excluded Receivables.