Account Debtor means any Person obligated on an Account.

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

Examples of Account Debtor in a sentence

Provided no Event of Default has occurred and is continuing, if any Account Debtor returns any Inventory to Borrower, Borrower shall promptly (i) determine the reason for such return, (ii) issue a credit memorandum to the Account Debtor in the appropriate amount in accordance with Borrower’s customary business practices, and (iii) provide a copy of such credit memorandum to Bank, upon request from Bank.
Bank may, from time to time, (i) verify and confirm directly with the respective Account Debtors the validity, amount and other matters relating to the Accounts, either in the name of Borrower or Bank or such other name as Bank may choose, and notify any Account Debtor of Bank’s security interest in such Account and/or (ii) conduct a credit check of any Account Debtor to approve any such Account Debtor’s credit.
Account Debtor - Any Person obligated on any Account owing to Borrower.

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

Account Debtor means any Person who may become obligated to any Sotheby Entity under, with respect to, or on account of, an Account, Chattel Paper (including, without limitation, an Art Loan) or General Intangibles (including a payment intangible).

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.

Account Debtor means “account debtor”, as defined in Article 9 of the UCC, and any other obligor in respect of an Account.

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