Eligible Receivable definition

Eligible Receivable means, at any time, a Receivable:
Eligible Receivable means each Receivable:
Eligible Receivable means, at any time, a Pool Receivable:

Examples of Eligible Receivable in a sentence

  • Each Receivable covered by any Receivables Schedule or Monthly Remittance Report is an Eligible Receivable except as expressly stated in such Receivables Schedule or Monthly Remittance Report.

  • Each Receivable included in the Net Pool Balance as an Eligible Receivable on the date of any Loan or on the date of any Information Package or Interim Report, in each case, constitutes an Eligible Receivable on such date.

  • Each Receivable included in the Net Pool Balance as an Eligible Receivable on the date of any Loan or on the date of any Information Package or Interim Report, in each case, constitutes an Eligible Receivable on the date of such Loan or the “as-of” date of such Information Package or Interim Report, as applicable.

  • Each Receivable included as an Eligible Receivable in any calculation of the Adjusted Pool Balance is an Eligible Receivable.

  • If an Originator breaches such payment obligation, for example because the Originator is subject to an Insolvency Proceeding, this may result in the proceeds not being applied in reduction of the relevant Eligible Receivable and in a Deduction Risk; or • the Second Beneficiary or the Partner, which may result in the proceeds not being applied in reduction of the relevant Eligible Receivable.


More Definitions of Eligible Receivable

Eligible Receivable means a Receivable meeting all of the criteria set forth on Schedule II to the Purchase Agreement as of the Closing Date.
Eligible Receivable means, at any time, any Receivable:
Eligible Receivable means a Receivable that satisfies all of the following:
Eligible Receivable means, as of any date of determination, a Receivable:
Eligible Receivable means, as of any date of determination, a Transferred Receivable:
Eligible Receivable means a Receivable with respect to which the Eligibility Criteria are satisfied as of the applicable date of determination.
Eligible Receivable means, as of any date of determination, each Receivable owing by an Eligible Obligor that as of such date satisfies the following eligibility criteria: