HOD Accounts definition
HOD Accounts means Accounts (i) arising from delivery of services and products in the ordinary course of business to consumer, residential and commercial non-retail (but including wholesaler and distributor) customers, (ii) which are billed pursuant to a customer agreement which provides for periodic billing, (iii) which are billed not more than 30 days after the date of product delivery, (iv) which are tracked by the Loan Parties on “balance-forward aging” basis and (v) any Credit Card Receivables related to any of the foregoing.