Future Receivables definition

Future Receivables include all future payments made by cash, check, ACH, direct or pre-authorized debit, wire transfer, credit card, debit card, charge card or other form of payment in connection with, arising from, related to or otherwise attributable to your business, including for goods, services or facilities provided by you.

Future Receivables means any of Seller's Receivables which are generated on or after the Initial Closing Date.

Future Receivables means the proceeds of sales by the Merchant to its customers after the Acceptance Date, arising from Payments by the Merchant's customers, less any fees, charges or deductions made by any of the Acquirers and paid to the Nominated Bank Account by any of the Acquirers;

Examples of Future Receivables in a sentence

• You have taken and will continue to take all measures necessary to attain and maintain eligibility to perform the services and activities you undertake to generate Future Receivables.

• You have and will maintain good, complete and marketable title to the Specified Amount of Future Receivables, free and clear of any and all liabilities, liens (without provision for release), claims, charges, restrictions, conditions, options, rights, mortgages, security interests, equities, pledges and encumbrances of any kind or nature whatsoever or any other rights or interests that may be inconsistent with the transactions contemplated herewith, or adverse to our interests.

• If, after the Effective Date but before we fund the Advance under this Agreement, you make payments on Future Receivables that we purchased from you under the Existing Terminating Revenue Share Agreement and that remained undelivered as of the Effective Date, those payments will be deemed a partial payment of the Specified Amount under this Agreement.

• You may also make additional deliveries of Future Receivables at any time.

• If you generate less Future Receivables than we anticipated or projected because your business has slowed down, or if your business ceases operations in the ordinary course of business, and if you have not in any way otherwise breached this Agreement, you will deliver less than the Specified Amount and not be deemed to be in breach of this Agreement.

More Definitions of Future Receivables

Future Receivables means all Receivables on a Designated Account which are not Existing Receivables;

Future Receivables means any and all deposits and/or credits into Seller’s Bank Account including, but not limited to: (i) cash deposits; (ii) check deposits; (iii) wire transfer of funds; (iii) ACH transfer of funds; (iv) monies received from transactions involving credit cards, debit cards, bank cards, gift cards, and charge cards; (v) monies received from transactions involving Cash App, Venmo, Zelle, OFX, Paypal, Square, TransferWise, WorldRemit, Facebook Pay, Apple Pay, Remitly, Google Pay, Samsung Pay, Paytm, Azimo, Payoneer, Western Union, and/or any other application, website, and/or service used for the transfer of monies between parties; and/or (vi) transactions involving any cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Cardano, Polkadot, Bitcoin Cash, Stellar, Chainlink, Binance Coin, Tether, Monero, and/or any other cryptocurrency accepted by Seller.

Future Receivables means all Receivables owing by a Designated Account Debtor which are not Existing Receivables.

Future Receivables means any of Seller's Receivables which are generated on or after the Initial Closing Date. "Indemnified Party" means a party to whom an indemnification payment, as described in Article IX, may be due

Future Receivables shall have the meaning specified in Section 2.01.

Future Receivables means all Receivables on a Designated Account which are not Existing Receivables.

Future Receivables. As defined in Section 8.03(a)(iii).