Eligible Account Debtor definition

Eligible Account Debtor means an Account Debtor that:

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Eligible Account Debtor means each Account Debtor (other than a natural person) that is a Third Party Payor.

Eligible Account Debtor means, as at any date of determination thereof, any account debtor other than:

Examples of Eligible Account Debtor in a sentence

In addition, Agent and Security Trustee shall not require local law security in jurisdictions in which no Obligor is incorporated, formed, organized or otherwise does business other than as may be required under Section 8.2.4 or in respect of any Accounts pursuant to the definition of Eligible Account Debtor Jurisdiction.
Loan Parties shall request in writing and otherwise take all necessary steps to instruct that all payments on Accounts or otherwise relating to Collateral of Account Debtors in any Eligible Account Debtor Jurisdiction are made directly to a Dominion Account (or a lockbox relating to a Dominion Account).
Loan Parties (other than Parent) shall request in writing and otherwise take all necessary steps to instruct that all payments on Accounts or otherwise relating to Collateral of Account Debtors in any Eligible Account Debtor Jurisdiction are made directly to a Dominion Account (or a lockbox relating to a Dominion Account).

More Definitions of Eligible Account Debtor

Eligible Account Debtor means any Account Debtor (a) that is a resident of an Eligible Account Debtor Jurisdiction, (b) that is not an Governmental Authority (other than any Governmental Authority that is a body corporate created under public Law all or part of whose activities is commercial and which does not benefit from sovereign immunity), (c) that is not an individual, and (d) that is not an Affiliate of any Transaction Party; except, in each case, as otherwise may be approved by the Agent from time to time, in its Permitted Discretion.

Eligible Account Debtor means those Account Debtors that satisfy the criteria set forth below as of any date of determination (unless specifically determined to be eligible by Agent following a review thereof on a case-by-case basis):

Eligible Account Debtor means, as at any date of determination thereof, the Government and any other Account Debtor in respect of Receivables other than:

Eligible Account Debtor means, at any time, the Account Debtors agreed and approved by and between the Seller and the Operating Agent (unless the Operating Agent has advised the Seller that an Account Debtor shall not be considered an Eligible Account Debtor) including:

Eligible Account Debtor means, as at

Eligible Account Debtor each of General Electric Corporation, Caterpillar Inc., Daimler Chrysler Corporation, New Venture Gear, Mannesmann (Rexroth), LucasVarity (▇▇▇▇▇▇-▇▇▇▇▇), Boeing and Xerox Corporation.

Eligible Account Debtor means a debtor who satisfies the criteria set out in Schedule 3 (Eligible Account Debtors) Part 2 in the Incorporated Terms Memorandum.