Direct Receivable definition

Direct Receivable means either a Chase Direct Receivable or a Receivable originated by the Seller or an Affiliate of the Seller directly with an Obligor without the involvement of a Dealer.
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Examples of Direct Receivable in a sentence

  • Each Dealer Receivable has been assigned an account number that corresponds to the number assigned to the Dealer from or through whom such Receivable was acquired, and each Direct Receivable has been assigned an account number that corresponds to the number assigned to the applicable originating branch (or the "loan-by-phone" line).

  • Each Dealer Receivable has been assigned an account number that corresponds to the number assigned to the Dealer from or through whom such Receivable was acquired, and each Direct Receivable has been assigned an account number that corresponds to the number assigned to the applicable originating branch (or the "loan- by-phone" line).

  • Each Dealer Receivable has been assigned an account number that corresponds to the number assigned to the Dealer from or through whom such Receivable was acquired, and each Direct Receivable has been assigned an account number that corresponds to the number assigned to the applicable originating branch (or the "loanby-phone" line).