Delinquent Receivable definition

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.
Delinquent Receivable means any Receivable (other than a Defaulted Receivable) in respect of which any payment, or part thereof, remains unpaid by the relevant Obligor for more than 30 days but less than 91 days as calculated in accordance with the Customary Operating Practices.
Delinquent Receivable means a Receivable as to which more than $40 of a scheduled payment is past due, including a Receivable with a bankrupt Obligor but excluding a Defaulted Receivable.

Examples of Delinquent Receivable in a sentence

  • In addition, the Indenture Trustee, on behalf of the Requesting Party may, but is not obligated to, request the reacquisition or acquisition, as applicable, of a 60-Day Delinquent Receivable on behalf of all Noteholders.

  • The related Originator or the Servicer (in the case of Receivables transferred by the Master Trust) will have the sole ability to determine if there was non-compliance with the Eligibility Representation made by it that constitutes a breach, and whether to reacquire or acquire, as applicable, the related 60-Day Delinquent Receivable from the Issuer.

  • Consistent with the position taken by the FCA and the EBA, and on the basis that a VWFS Payment Deferral will not cause an amount on a Financing Contract to become overdue, a VWFS Payment Deferral (including a Further VWFS Payment Deferral) will not be reported as a Delinquent Receivable or a Defaulted Receivable.

  • The related Originator or the Servicer (in the case of Receivables transferred by an Additional Transferor or re-designated to such Group on a Re-Designation Date) will have the sole ability to determine if there was non-compliance with the applicable Group Eligibility Representation made by it that constitutes a breach, and whether to reacquire or acquire, as applicable, the related Group 60-Day Delinquent Receivable from the Trust.

  • Playground behaviour.Out of school trips/ swimming, school tours etc.


More Definitions of Delinquent Receivable

Delinquent Receivable means a Receivable as to which any payment, or part thereof, remains unpaid for more than 90 days from the original due date for such payment; provided, however, that such amount shall be calculated without giving effect to any netting of credits that have not been matched to a particular Receivable for the purposes of aged trial balance reporting.
Delinquent Receivable means a Pool Receivable as to which any payment, or part thereof, remains unpaid for more than 180 days from the original invoice date for such payment.
Delinquent Receivable means a Receivable as to which any payment, or part thereof, remains unpaid for [30] days or more from the original due date for such payment.
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.
Delinquent Receivable means a Receivable with respect to which more than 20% of any Scheduled Payment is more than 29 days delinquent as of the last day of the related Collection Period, excluding Receivables with respect to which the related Financed Vehicle has been repossessed and Liquidated Receivables.
Delinquent Receivable means a Receivable as to which the related Obligor owes more than $50 of the Scheduled Payment after the related due date. A Receivable that has been charged off by the Servicer is not considered a Delinquent Receivable.
Delinquent Receivable means a Receivable or Participation Interest as to which any payment, or part thereof, remains unpaid for 121-150 days from the original invoice date for such payment.