Account Debtor means any Person obligated on an Account.

Account Debtor is any “account debtor” as defined in the Code with such additions to such term as may hereafter be made.

Account Debtor means any person who is or who may become obligated to any Grantor under, with respect to or on account of an Account.

Examples of Account Debtor in a sentence

The Collateral Agent may at any time after an Event of Default has occurred and is continuing require the Grantor to notify the Account Debtor or counterparty on any Account constituting Collateral of the security interest of the Collateral Agent therein.
In addition, after the occurrence and during the continuance of an Event of Default, the Collateral Agent may notify, and may require the Grantor to notify the Account Debtor or counterparty to make all payments under the Accounts constituting Collateral directly to the Collateral Agent.
No US-DOCS\148030570.24 Subject Receivable, whether or not included in the Borrowing Base, is an Account with respect to which the Account Debtor is subject to any Sanctions, including a person named on the list of “Specially Designated Nationals and Blocked Persons” maintained by OFAC or which is a designated person named on any similar applicable list.
No Subject Receivable, whether or not included in the Borrowing Base, is an account with respect to which the Account Debtor is subject to any Sanctions, including a person named on the list of “Specially Designated Nationals and Blocked Persons” maintained by OFAC or which is a designated person named on any similar applicable list.

More Definitions of Account Debtor

Account Debtor means a Person who is obligated on or under any Account, Chattel Paper, Instrument or General Intangible.

Account Debtor means any Person who is or who may become obligated to any Grantor under, with respect to or on account of an Account.

Account Debtor means any Person who is obligated on an Account, chattel paper, or a general intangible.

Account Debtor means each Person who is obligated on a Receivable or any Supporting Obligation related thereto.

Account Debtor means any Person who is or who may become obligated to Borrower under, with respect to, or on account of an Account, general intangible or other Collateral.

Account Debtor means a person obligated on an account, chattel paper, or general intangible. The term does not include persons obligated to pay a negotiable instrument, even if the instrument constitutes part of chattel paper.

Account Debtor. Has the meaning given that term in the UCC.