Account Debtor definition

Account Debtor means any Person obligated on an Account.

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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

• Borrowers shall also provide to Administrative Agent on or before the date that the Borrowing Base Certificate is then required to be delivered pursuant to Section 7.6, an aged trial balance of all Accounts (other than Accounts that are subject to any Qualified Securitization Transaction) existing as of the last day of the preceding Fiscal Quarter or calendar month, as applicable, specifying the aggregate amount owed by each Account Debtor to each Borrower.

• Borrowers shall also provide to Administrative Agent (a) on or before the 30th day of each of the first six months following the Closing Date, and (b) on or before the 20th day of each month thereafter, an aged trial balance of all Accounts (other than Accounts that are subject to any Qualified Securitization Transaction) existing as of the last day of the preceding month, specifying the aggregate amount owed by each Account Debtor to each Borrower.

More Definitions of Account Debtor

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

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

Account Debtor means the party who is obligated on or under any Account.

Account Debtor means any Person who may become obligated to any Credit Party under, with respect to, or on account of, an Account, Chattel Paper or General Intangibles (including a payment intangible).

Account Debtor means the obligor on an Account.

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.