Canadian Receivable means a Receivable the Obligor of which is a resident of Canada.

Canadian Receivable means a Receivable owing from an Obligor domiciled in, or organized under the laws of, Canada or one of its political subdivisions.

Canadian Receivable means a Receivable as to which the Obligor (a) if a natural person, is a resident of Canada, and (b) if a corporation or other business entity, is organized under the laws of and/or maintains its chief executive office in Canada.

Examples of Canadian Receivable in a sentence

In December 2018, AFCI entered into Amending Agreement No. 2 to the Fourth Amended and Restated Receivables Purchase Agreement (the "Canadian Receivable Purchase Agreement").
The Receivables included in any calculation of the Capital Coverage Amount (x) if a U.S. Receivable, constitute “accounts” or “general intangibles” or “tangible chattel paper” within the meaning of Section 9-102 of the UCC and (y) if a Canadian Receivable, constitutes an “account” within the meaning of the PPSA.

More Definitions of Canadian Receivable

Canadian Receivable means a Receivable (a) that is denominated and payable in Canadian Dollars or (b) the Obligor of which is a resident of Canada.

Canadian Receivable means each Receivable transferred (or purported to be transferred) to the Canadian Guarantor pursuant to the Canadian Purchase and Sale Agreement from time to time.

Canadian Receivable means each Receivable sold to the Borrower by the Canadian Seller pursuant to the terms and subject to the conditions set forth in the Canadian Receivable Purchase Agreement.

Canadian Receivable means any Eligible Receivable denominated and payable in United States Dollars, the Obligor of which is organized under the laws of, or has its chief executive office in Canada (or any political subdivision thereof).

Canadian Receivable means any Receivable, the Obligor of which has a billing address in Canada.

Canadian Receivable means a Receivable originated by a Canadian Originator.

Canadian Receivable means an Employer Receivable the Obligor of which is organized under the laws of Canada and its chief executive office is located in Canada.