Existing Receivables definition

Existing Receivables means as of any day, the Gross Receivables purchased by Bank on the Closing Date pursuant to the Purchase Agreement that remain outstanding.

Existing Receivables on the Effective Date, the collective reference to the outstanding "Purchased Receivables" under and as defined in the Existing Agreements.

Existing Receivables means as of the Program Purchase Date or the other purchase date with respect thereto contemplated by this Agreement, the Gross Receivables purchased by Bank on the Closing Date pursuant to the Purchase Agreement that remain outstanding on such date.

Examples of Existing Receivables in a sentence

• Existing Receivables Pursuant to a Billing Services Agreement applicable to the POR program, the Company shall pay a Participating Supplier for amounts already existing as outstanding accounts receivables of the Participating Supplier at the commencement of the POR program.

• Existing Receivables Pursuant to the terms of a service contract applicable to the POR program, the Company shall pay a Participating Competitive Supplier for amounts already existing as outstanding accounts receivables of the Participating Competitive Supplier at the commencement of the Company’s POR program.

• With respect to the Existing Receivables, the capacity of the Servicer shall be a continuation by Raytheon Credit of its capacity as Servicer under and as defined in each of the Existing Agreements.

• The amounts purchased for the Existing Receivables shall be subject to full reconciliation in accordance with the PPRPCC provision in paragraph 8B.2.b above.

• In the event Company arranges for the disposition of any separately identifiable group of its retail establishments in the United States, Company may, in its discretion, offer its designated purchaser the right to offer to acquire the portion of the Program Assets related to such disposition (excluding Existing Receivables, except at Bank’s option), [*].

More Definitions of Existing Receivables

Existing Receivables means all Receivables which are specified by (or on behalf of) the Sellers (i) in the initial Letter of Offer as being in existence in respect of Designated Account Debtors as at the Initial Reference Date and (ii) in any subsequent Letter of Offer, as being in existence in respect of Additional Designated Account Debtors as at the Reference Date immediately preceding the Offer Date in respect of such Letter of Offer.

Existing Receivables means all Receivables which are specified by (a) each Transferor or any Additional Transferor in an Initial Offer as being in existence under the Designated Accounts on the Cut-off Date with respect to the Initial Offer Date and with respect to Designated Accounts comprised in such Offer or (b) each Transferor or any Additional Transferor in a subsequent Offer as being in existence under the Designated Accounts comprised in such Offer on the Addition Date relating thereto;

Existing Receivables. As defined in the Receivables Sale Agreement.

Existing Receivables shall have the meaning specified in Section 2.01.

Existing Receivables means, as applicable, (i) as of the Closing Date, the Cardholder Indebtedness purchased by the Bank on the Closing Date pursuant to the Purchase Agreement, or (ii) as of the Program Purchase Date, the Cardholder Indebtedness purchased by the Bank on the Closing Date pursuant to the Purchase Agreement that remains outstanding on the Program Purchase Date, excluding any amounts that have been charged off in accordance with the Risk Management Policies.

Existing Receivables. As defined in Section 2(a)(i).

Existing Receivables means as of any day, the gross receivables purchased by the Bank on the Chase Closing Date pursuant to the Chase Purchase Agreement that remain outstanding.