English Receivable definition

English Receivable means a Purchased Receivable that is governed by English law.
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English Receivable means a Receivable owed from a Funding Source based in England or Wales or which arises under a contract governed by the law of England and Wales.
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English Receivable means a Receivable in respect of a contract entered into between an English Originator and an Obligor;
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Examples of English Receivable in a sentence

  • The European Receivables Warehouse Company and the European Master Purchaser agree that in the event that any amounts are received from an Obligor in respect of an English Receivable which becomes a Securitised European Receivable between the date on which the Invoices File in respect thereof was delivered to the European Master Purchaser pursuant to Clause 2.2 and the Purchase Date in respect thereof, such amounts will be for the account of the European Master Purchaser.

  • The assignment in respect of each English Existing Receivable, each English Existing New Receivable and each English Future Receivable hereunder shall take effect, upon Acceptance by the Purchaser, on and from the relevant Purchase Date irrespective of when the Purchase Price for such English Receivable is paid.

  • The European Master Purchaser shall also be entitled (if it so elects and in or towards satisfaction of the European Receivables Warehouse Company’s obligations) to set-off against the Purchase Price or any part of it any stamp duty (or any other similar tax or duty on documents or the transfer of title to property) on any assignment of an English Receivable which has not been paid by the European Receivables Warehouse Company.

  • Cargo preference laws: the reservation by law for transportation on U.S.-flag vessels of all, or a portion of all, ocean-borne cargo which moves in international trade either as a direct result of the Federal Government’s involvement, or indirectly because of the financial sponsorship of a Federal program or guarantee provided by the Federal Government.

  • The English Originators and the European Receivables Warehouse Company agree that in the event that any amounts are received from an Obligor in respect of an English Receivable which becomes a Securitised European Receivable between the date on which the Invoices File in respect thereof was delivered to the European Receivables Warehouse Company pursuant to Clause 2.1 and the Purchase Date in respect thereof, such amounts will be for the account of the European Receivables Warehouse Company.

  • Each student who raises the question of his or her residency status shall be provided written notice of the appeals process.

  • Borrower shall pay to Lender on the Maturity Date the outstanding principal balance of the Loan, all accrued and unpaid interest and all other amounts due hereunder and under the Note, the Mortgage and other the Loan Documents.

  • Once the system is compromised, a hacker may act like existed devices and impersonate within the system to do dangerous activities.

  • The European Receivables Warehouse Company shall not be obliged to pay any sum to the English Originators in respect of the Purchase Price of an English Receivable or Surplus Discount except as provided for in Clause 3 or this Clause 4.

  • The consideration payable by the European Receivables Warehouse Company to the relevant English Originator in respect of the purchase of the benefit of each English Receivable, and the consideration payable by the European Master Purchaser to the European Receivables Warehouse Company in respect of the purchase of the benefit of each English Receivable, shall (subject to the provisions below) be the Purchase Price, which shall be payable in instalments in accordance with Clause 4.


More Definitions of English Receivable

English Receivable means an Eligible Receivable (and its Ancillary Rights) which is offered for sale by the English Seller in accordance with and pursuant to this Agreement; "English Excess Receivables" means an English Receivable which is an Excess Receivable; "English Existing Receivable" means an English Receivable which is an Existing Receivable; "English Existing New Receivable" means an English Receivable which is an Existing New Receivable; "English Future Receivable" means an English Receivable which is a Future Receivable; "English Retransferred Receivable" means an English Receivable which is a Retransferred Receivable; "Form of Assignment" means the form of assignment to be delivered by the Centralising Agent (on behalf of the English Seller) to the Programme Agent (on behalf of the Purchaser) in substantially the form set out in Error! Reference source not found. (Error! Reference source not found.); "Notification Letter" means, with respect to the English Seller, a notification letter to be addressed to the relevant Debtor in substantially the form set out in Error! Reference source not found. (Error! Reference source not found.); "Optional Repurchase Price" has the meaning given to it in Clause 10.4 (Optional Repurchase); "Optional Repurchase Date" has the meaning given to it in Clause 10.4 (Optional Repurchase); "Purchase Date": (a) in respect of an English Existing Receivable or an English Existing New Receivable, has the meaning given to it in the Master Framework Agreement; (b) in respect of an English Future Receivable, means the date on which the invoice for the relevant English Future Receivable is issued; and (c) in respect of an English Receivable that qualifies as an English Existing Receivable and English Existing New Receivable and which has not been assigned to the Purchaser as an English Future Receivable on a preceding Monthly Reporting 4
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English Receivable means any Receivable governed by the laws of England and Wales.
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Related to English Receivable

  • Charged-Off Receivable means a Receivable: (i) as to which the Obligor thereof has taken any action, or suffered any event to occur, of the type described in Section 9.1(d) (as if references to Seller Party therein refer to such Obligor); (ii) as to which the Obligor thereof, if a natural person, is deceased, (iii) which, consistent with the Credit and Collection Policy, would be written off Seller’s books as uncollectible or (iv) which has been identified by Seller as uncollectible.

  • 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).

  • Repurchased Receivable means a Receivable purchased by Santander Consumer pursuant to Section 3.4 of the Purchase Agreement or by the Servicer pursuant to Section 3.6 of the Sale and Servicing Agreement.

  • 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.

  • Account Receivable means, with respect to any Person, any and all rights of such Person to payment for goods sold and/or services rendered, including accounts, general intangibles and any and all such rights evidenced by chattel paper, instruments or documents, whether due or to become due and whether or not earned by performance, and whether now or hereafter acquired or arising in the future, and any proceeds arising therefrom or relating thereto.

  • Transferred Receivable means a Purchased Receivable or a Contributed Receivable.

  • Review Receivable has the meaning designated in Section 1.02 of the Asset Representations Review Agreement.

  • Purchased Receivables means all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as "receivables"), arising out of the invoices and other agreements identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.

  • Current Receivable means each Receivable that is not a Defaulted Receivable or a Liquidated Receivable.

  • Diluted Receivable means a Pool Receivable the entire or partial Unpaid Balance of which is reduced or cancelled due to Dilution.

  • Eligible Account Receivable means an Account Receivable owing to the Company or any Domestic Subsidiary which meets the following requirements:

  • Interest Receivable means, in respect of the relevant Measurement Period ending on any Measurement Date, all interest received by or accrued to the Issuer during such period, including any amounts received by the Issuer in terms of any Treasury Transaction (as such relates to the hedging by the Issuer of its interest rate risk) (other than interest which is not received or receivable in funds that are freely remittable to South Africa), all as reflected in, and/or ascertained from, the Financial Statements for that Measurement Period;

  • Receivable any right to payment for goods sold or leased or for services rendered, whether or not such right is evidenced by an Instrument or Chattel Paper and whether or not it has been earned by performance (including, without limitation, any Account).

  • Principal Receivable means each Receivable other than Finance Charge -------------------- Receivables and Receivables in Defaulted Accounts. A Principal Receivable shall be deemed to have been created at the end of the day on the Date of Processing of such Receivable. In calculating the aggregate amount of Principal Receivables on any day, the amount of Principal Receivables shall be reduced by the aggregate amount of credit balances in the Accounts on such day. Any Principal Receivables which Seller is unable to transfer as provided in Section 2.5(c) of -------------- the Transfer and Servicing Agreement shall not be included in calculating the aggregate amount of Principal Receivables.

  • Unbilled Receivable means, at any time, any Receivable as to which the invoice or xxxx with respect thereto has not yet been sent to the Obligor thereof.

  • Liquidated Receivable means any Receivable liquidated by the Servicer through the sale or other disposition of the related Financed Equipment or that the Servicer has, after using all reasonable efforts to realize upon the Financed Equipment, determined to charge off without realizing upon the Financed Equipment.

  • Government Receivable means a Receivable, the Obligor of which is a government or a governmental subdivision or agency.

  • Simple Interest Receivable means any Receivable under which the portion of a payment allocable to interest and the portion allocable to principal is determined in accordance with the Simple Interest Method.

  • Eligible Receivable means, at any time, a Receivable:

  • Sold Receivable means a Receivable that was more than 60 days delinquent and was sold to an unaffiliated third party by the Issuer, at the Servicer’s direction, as of the close of business on the last day of a Collection Period and in accordance with the provisions of Section 4.3(c) hereof.

  • Excluded Receivable means all indebtedness and other obligations owed to Originator or in which Originator has a security interest or other interest (including, without limitation, any indebtedness, obligation or interest constituting an account, chattel paper, instrument or general intangible) arising in connection with the sale of merchandise or the rendering of services by Originator and further includes, without limitation, the obligation to pay any Finance Charges with respect thereto:

  • Asset Review Receivable means, for any Asset Review, each Receivable that is not a Liquidated Receivable and with respect to which the related Obligor failed to make at least 90% of the related Scheduled Receivables Payment by the date on which it was due and, as of the last day of the Collection Period prior to the date the related Asset Review Notice was delivered, remained unpaid for sixty (60) days or more from the original payment due date.

  • Ineligible Receivable shall have the meaning specified in subsection 2.04(d)(iii).

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Borrower or a Subsidiary is the holder and retains the rights of collection of all payments thereunder.

  • Precomputed Receivable means any Receivable under which the portion of a payment allocable to earned interest (which may be referred to in the related contract as an add-on finance charge) and the portion allocable to the Amount Financed is determined according to the sum of periodic balances, the sum of monthly balances, the rule of 78's or any equivalent method.

  • on a Receivable means the purchaser or co-purchasers of the Financed Vehicle and any other Person who owes payments under the Receivable.