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 or Contracts and (iii) all Related Property with respect to accounts.
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Examples of Contract Receivable in a sentence

  • The Backup Servicer forthwith upon such termination or resignation shall (a) use its best efforts to effect the orderly and efficient transfer of Backup Servicer Duties to a new backup servicer or other designee selected by the Controlling Party, and (b) arrange for the physical transfer and delivery to the Controlling Party or to a new backup servicer or other designee selected by the Controlling Party of all Contract Receivable Records and copies thereof in its possession.

  • Contract Receivable File 4 For any Contract with the heading “Note and Security Agreement” a Seller signature is not required for all purposes herein.

  • Each party obligated to make payment with respect to any Contract Receivable, including any guarantor thereof.

  • Tenant agrees that, until the Lease Expiration Date, neither Tenant nor any other Person shall open any accounts for the collection or holding of Membership Dues or Membership Contract Receivable proceeds, other than the Accounts (and the Local Accounts and the Canadian Accounts, to the extent expressly permitted hereunder).

  • Contract Receivable File 5 For any Contract with the heading “Note and Security Agreement” a Seller signature is not required for all purposes herein.

  • Prior to the termination of this Agreement, the obligations of the Servicer or the Subservicer under this Agreement shall not be subject to any defense, counterclaim or right of offset which the Servicer or the Subservicer have or may have against the Issuer, the Trustee or any Noteholder whether in respect of this Agreement, the Indenture, the Notes, the Sale Agreement, any Contract, Receivable, Credit or otherwise.

  • Prior to the termination of this Agreement, the obligations of the Servicer or the Subservicer under this Agreement shall not be subject to any defense, counterclaim or right of offset which the Servicer or the Subservicer have or may have against the Issuer, the Trustee or any Noteholder whether in respect of this Agreement, the Indenture, each Series Supplement, the Notes, the Sale Agreement, any Contract, Receivable, Credit or otherwise.

  • Technologies has not received notice of actual or imminent bankruptcy, insolvency, or material impairment of the financial condition of any Account Debtor regarding any Eligible Contract Receivable.

  • Since June 19, 1995, its chief executive office has been located at ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, Shreveport, Louisiana 71101 and is the place where it is "located" for the purposes of Section 9-103(3)(d) of the UCC of each jurisdiction the laws of which govern the transfer of the Pledged Contract Receivable hereunder.

  • Concurrently with each transmission of any proceeds of Contract Receivables or other Collateral to any such remittance account, upon the Agent’s request, the relevant Debtor shall furnish the Agent with a report in such form as Agent shall reasonably require identifying the particular Contract Receivable or such other Collateral from which the same arises or relates.


More Definitions of Contract Receivable

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 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 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

  • Current Receivable means each Receivable that is not a Defaulted Receivable or a Liquidated 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 any period, the amount of Interest accrued on cash balances of the Sub-Charterers’ Guarantor’s Group (including the amount of interest accrued on the earnings accounts of the Sub-Charterers as the case may be, to the extent that the account holder is entitled to receive such interest) during such 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 a Receivable as to which any payment, or part thereof, remains unpaid for 61 days or more from the original due date for such payment.