Consumer Obligations definition

Consumer Obligations is defined in Section 9.8(c).
Consumer Obligations. [means any Assurance by the Company or any Subsidiary entered into in the ordinary course of business described in Section 9.15 pursuant to which the Company or such Subsidiary guaranties financial commitments or obligations of its customers to third party funding sources pursuant to an established customer financing program.
Consumer Obligations means defaulted or past due healthcare (excluding HCA, the Healthcare Company , "HCA"), bad, dishonored and returned checks and defaulted or past due utility (electric, gas, water, cable, ISP, satellite, telecom and sewer) consumer accounts receivable and other defaulted or past due obligations of that type.

Examples of Consumer Obligations in a sentence

  • In the event that any of the Grantors or any Affiliated Party thereof desires to purchase any Consumer Obligations, other than Excluded Consumer Obligations, the Grantor shall provide to the Joint Venture all information reasonably necessary for the Joint Venture to prepare a bid package in accordance with the provisions of Exhibit A.

  • If the Joint Venture rejects such Purchase Request after a ▇▇▇▇▇▇ Rejection (as defined in Exhibit A), thereafter NCOP or any Affiliated Party thereof (but not ▇▇▇▇▇▇ or any Affiliate thereof) may purchase such Consumer Obligations on terms no more favorable to NCOP or its Affiliates than those contemplated by the Purchase Request submitted with respect to such Consumer Obligations.

  • If the Joint Venture rejects such Purchase Request after an NCOP Rejection (as defined in Exhibit A), thereafter ▇▇▇▇▇▇ or any Affiliated Party thereof (but not NCOP or any Affiliate thereof) may purchase such Consumer Obligations on terms no more favorable to ▇▇▇▇▇▇ or its Affiliates than those contemplated by the Purchase Request submitted with respect to such Consumer Obligations.

  • The parties agree that the Joint Venture itself will not acquire any Consumer Obligations, and that its subsidiary Inovision-Meclr-NCOP-F, L.L.C. will acquire all Consumer Obligations to be financed by Cargill and that its subsidiary Inovision-Medclr-NCOP-NF, L.L.C. will acquire all other Consumer Obligations.