Contract Receivable definition

Contract Receivable means the remaining principal outstanding just prior to application of the Rent Payment due on the Adjustment Date, as shown on the books and records of the Lessor.
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Contract Receivable means all amounts due and to become due from time to time under each Contract from the Obligor thereunder to the Company or one of its Subsidiaries, whether or not subject to any termination or similar option, including, without limitation, (a) in the case of any lease, all amounts payable as rental or pursuant to any purchase, renewal, termination or other obligation or option of such Obligor, (b) in the case of any conditional sale agreement or similar arrangement, all amounts payable as purchase price (including interest) or pursuant to any other obligation or option of such Obligor, and (c) in the case of any note evidencing a loan, all amounts payable as principal and interest or pursuant to any other obligation or option of such Obligor; and "related Contract Receivable" means the Contract Receivable with respect to a specified Contract.
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Contract Receivable means, with respect to any Contract, (i) all “accounts” (as such term is defined in the UCC, together with all proceeds thereon) created by or that otherwise arise under such Contract, (ii) all Collections with respect to such accounts and (iii) all Related Property with respect to accounts.
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Examples of Contract Receivable in a sentence

  • Also, the Undistributed Collections (UC) amounting to P55.892 million and P20.987 million as at December 31, 2018 and 2017, respectively, remained unposted to Mortgage Contract Receivable (MCR), thus, the UC and MCR accounts are both overstated by the same amounts.

  • This balance will be distributed to Sales Contract Receivable (SCR) upon full implementation of NHMFCs Information Technology Maps under the Acquired Asset Management System.

  • The difference amounting to P107.29 million between the general and subsidiary ledger (GL/SL) balances of the Sales Contract Receivable (SCR) account deviates from the provisions of Section 111 (2) and 114 of Presidential Decree (PD) No. 1445 and Paragraph 15 of Philippine Accounting Standard (PAS) 1, thereby, casting doubt on the accuracy, reliability and verifiability of the account balance as of December 31, 2015.

  • Other Financial Assets : Current Wind farm receviable 2.802.61 17.37Interest Receivable 19.048.74 12.44Other Receivable (Insurance Advance) NIL0.73 0.59Forward Contract Receivable 7.450.45 NILTotal 29.2912.53 30.40 13.

  • OTHER FINANCIAL ASSETS(Unsecured, considered good unless otherwise stated) Security Deposit ( refer foot note)Export benefit receivable Forward Contract Receivable Interest receivableOther receivablesTotalFoot note: Security deposit primarily include security deposit towards rented premises and electricity.

  • If a child is of an age appropriate to attend a hearing but the child does not attend, the court shall determine if the child was informed of the child’s right to attend the hearing.

  • ICT solutions ranked 2 and 11 may be more suitable in certain countries of the region.

  • Now as an undergraduate student and teacher candidate who is about to graduate, she sets her teaching philosophy as language teaching and learning are fundamentally social enterprises which provides a great opportunity to meet different customs, habits, lifestyles etc.

  • We have investments in U.S. Treasury Notes pledged as collateral in connection with the in-substance defeasance for the principal outstanding and future interest payments on the Coal Contract Receivable Collateralized Bonds (“Colowyo Bonds”).

  • In a long-running lawsuit, Calpers, the giant pension fund for California public employees accused Arthur Andersen of doing such a superficial job auditing a finance company that the "purported audits were nothing more than 'pretended audits.' " Andersen assigned a young, inexperienced auditor "who has candidly testified he did not even know what a Contract Receivable was, then or now," consultants for Calpers wrote in a September 2000 report prepared in support of the lawsuit.


More Definitions of Contract Receivable

Contract Receivable means a Contract between a Borrower and an Account Debtor, substantially in a form approved by the Administrative Agent as of the Closing Date (provided that (x) such forms may be modified so long as such modifications are not adverse to the Lenders, unless required by applicable Law, and (y) the Administrative Agent shall have received copies of any modified forms (with a description of the reason for any modifications undertaken)), wherein the Account Debtor promises to make scheduled payments under the applicable Contract to a Borrower with a frequency of no less than once each calendar month.
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Contract Receivable shall have the meaning assigned to it in accordance with the cost-to-cost percentage of completion long term contract method of accounting.
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Contract Receivable means all present and future rights of Borrower to payment for goods sold subject to an Installment Sales Contract.
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Related to Contract Receivable

  • Purchased Receivable means a Receivable purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Sections 4.2, 4.4(c) or 4.7 or repurchased by the Seller or the Servicer pursuant to Section 3.2 or Section 10.1(a).

  • Interest Receivable means, in respect of the relevant Measurement Period ending on any Measurement Date, all interest received by or accrued to the Issuer during such period, including any amounts received by the Issuer in terms of any Treasury Transaction (as such relates to the hedging by the Issuer of its interest rate risk) (other than interest which is not received or receivable in funds that are freely remittable to South Africa), all as reflected in, and/or ascertained from, the Financial Statements for that Measurement Period;

  • Settlement Receivable means any general intangible, payment intangible, or instrument representing or reflecting an obligation to make payments to or for the benefit of a Person in consideration for a Settlement made or arranged, or to be made or arranged, by such Person.

  • Delinquent Receivable means any Receivable that is not a Liquidated Receivable and which the related Obligor fails to make at least 90% of the related Scheduled Receivables Payment by the date on which it is due and remains unpaid for more than sixty (60) days from the original payment due date.

  • Account Receivable means, with respect to any Person, any right of such person to payment for goods sold or leased or for services rendered, whether or not evidenced by an instrument or chattel paper and whether or not yet earned by performance.

  • Eligible Account Receivable means an Account Receivable owing to the Company or any Domestic Subsidiary which meets the following requirements:

  • Subject Receivables has the meaning assigned to such term in the Asset Representations Review Agreement.

  • Transferred Receivable means a Purchased Receivable or a Contributed Receivable.

  • Receivable any right to payment for goods sold or leased or for services rendered, whether or not such right is evidenced by an Instrument or Chattel Paper and whether or not it has been earned by performance (including, without limitation, any Account).

  • Repurchased Receivable means a Receivable purchased by Santander Consumer pursuant to Section 3.4 of the Purchase Agreement or by the Servicer pursuant to Section 3.6 of the Sale and Servicing Agreement.

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Borrower or a Subsidiary is the holder and retains the rights of collection of all payments thereunder.

  • Unbilled Receivable means, at any time, any Receivable as to which the invoice or xxxx with respect thereto has not yet been sent to the Obligor thereof.

  • Purchased Receivables means all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as "receivables"), arising out of the invoices and other agreements identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.

  • Review Receivables means those certain Receivables identified by the Servicer to the Asset Representations Reviewer following receipt of a Review Notice as not having been paid in full by the Obligor or purchased from the Issuer in accordance with the terms of the Basic Documents at or prior to the date of such Review Notice.

  • Net Receivables Balance means, at any time, the aggregate Outstanding Balance of all Receivables that are Eligible Receivables at such time reduced by (i) the aggregate amount by which the Outstanding Balance of all Receivables that are Eligible Receivables of each Obligor and its Affiliates exceeds the Concentration Limit for such Obligor and (ii) the aggregate Contractual Dilution Reserves for all Eligible Receivables of all Obligors.

  • Liquidated Receivable means any Receivable liquidated by the Servicer through the sale or other disposition of the related Financed Equipment or that the Servicer has, after using all reasonable efforts to realize upon the Financed Equipment, determined to charge off without realizing upon the Financed Equipment.

  • Subsequent Receivables means the Receivables transferred to the Issuer pursuant to Section 2.2, which shall be listed on Schedule A to the related Subsequent Transfer Agreement.

  • Simple Interest Receivable means any Receivable under which the portion of a payment allocable to interest and the portion allocable to principal is determined in accordance with the Simple Interest Method.

  • Eligible Receivable means, at any time, a Receivable:

  • Eligible Unbilled Receivable means, at any time, any Unbilled Receivable if (a) the related Originator has recognized the related revenue on its financial books and records under GAAP, and (b) not more than thirty (30) days have expired since the date such Unbilled Receivable arose.

  • Warranty Receivable means a Receivable which the Seller is required to repurchase pursuant to Section 3.02.

  • Principal Receivable means each Receivable other than Finance Charge -------------------- Receivables and Receivables in Defaulted Accounts. A Principal Receivable shall be deemed to have been created at the end of the day on the Date of Processing of such Receivable. In calculating the aggregate amount of Principal Receivables on any day, the amount of Principal Receivables shall be reduced by the aggregate amount of credit balances in the Accounts on such day. Any Principal Receivables which Seller is unable to transfer as provided in Section 2.5(c) of -------------- the Transfer and Servicing Agreement shall not be included in calculating the aggregate amount of Principal Receivables.

  • Net Receivables Pool Balance means, at any time: (a) the Outstanding Balance of Eligible Receivables then in the Receivables Pool minus (b) the Excess Concentration.