Account Debtors definition

Account Debtors mean all Persons who are obligated on the Receivables.

Account Debtors means the person or entity or persons or entities obligated to Borrower upon the Accounts.

Account Debtors means Debtor's customers and all other persons who are obligated or indebted to Debtor in any manner, whether directly or indirectly, primarily or secondarily, contingently or otherwise, with respect to Accounts or General Intangibles.

Examples of Account Debtors in a sentence

• The Accounts are bona fide, existing obligations of the Account Debtors.

• Returns and allowances between Borrower and its Account Debtors shall follow Borrower’s customary practices as they exist at the Effective Date.

• Returns and allowances between Borrower, or any of its Subsidiaries, and their respective Account Debtors shall follow Borrower’s, or such Subsidiary’s, customary practices as they exist at the Effective Date.

• In their individual capacities, Agent, Lenders and their Affiliates may receive information regarding Obligors, their Affiliates and their Account Debtors (including information subject to confidentiality obligations), and shall have no obligation to provide such information to any Secured Party.

• Bank may, from time to time, verify 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.

More Definitions of Account Debtors

Account Debtors means all persons who now are or hereafter become in any way obligated, liable, or responsible for any payment of any kind in connection with any or all of the Accounts.

Account Debtors means collectively, each Person who is or who may become obligated to any Borrower under, with respect to, or on account of an Account Receivable or other Collateral.

Account Debtors means any Person obligated to Borrower with respect to an Account Receivable.

Account Debtors has the meaning set forth in Section 5.2(a)(vi).

Account Debtors mean each Guarantor's customers, the insurance companies or other payors responsible for their customers' obligations and all other persons who are obligated or indebted to a Guarantor in any manner, whether directly or indirectly, primarily or secondarily, contingently or otherwise, with respect to Accounts.

Account Debtors each has the same meaning respectively given that term in the UCC.

Account Debtors means a Person who is obligated under an account, chattel paper or general intangible (each as defined in the UCC).