Net Receivable definition

Net Receivable has the meaning set forth in Section 2.8(a).
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Net Receivable. The gross face amount of a Receivable less the discount offered by you and taken by us.
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Net Receivable means, in the case of any Financing Contract that is not an Operating Lease, as of any date, (a) the Gross Receivable with respect to such Financing Contract as of such date, minus (b) the amount of any unearned financing income attributed to such Financing Contract as of such date.
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Examples of Net Receivable in a sentence

  • Each Receivable included as an Eligible Receivable in the calculation of the Net Receivable Pool Balance as of any date was an Eligible Receivable as of such date.

  • Each Receivable included in the Net Receivable Pool Balance as at any date of determination was or will be an Eligible Receivable on such date.

  • The term "Included Rebate Percentage" shall mean, for any period of determination, the percentage determined by dividing (i) the aggregate of all Charge Offs for that period, by (ii) the Nonpayment Net Receivable Reductions for that period.

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

  • The term "Nonpayment Net Receivable Reductions" shall mean, for any period of determination, the sum of (i) the aggregate of all Charge Offs for that period, plus (ii) the aggregate of all net refinanced balances of a Receivable for that period.

  • Notwithstanding anything to the contrary in this Agreement, Seller shall ensure that the Net Receivable Pool Balance shall at no time be less than the sum of (i) the Aggregate Capital at such time, plus (ii) the Required Reserves at such time.

  • The term "Included Rebate Percentage" shall mean, for any period of determination, the percentage determined by (i) the aggregate of all Charge Offs for that period, divided by (ii) the Nonpayment Net Receivable Reductions for that period.

  • Each Receivable included in the Net Receivable Pool Balance as an Eligible Receivable on the date of any Purchase or on the date of any Monthly Report or Weekly Report was an Eligible Receivable on such date.

  • The term "Nonpayment Net Receivable Reductions" shall mean, for any period of determination, the sum of (i) the aggregate of all Charge Offs for that period, plus (ii) the aggregate of all net refinanced balances of Receivables for that period.

  • In the event that any Party (i) fails to provide any computation of the Net Receivable Amount within five (5) business days of a written request therefor or (ii) having been furnished with the other Party’s computation, fails to provide a notice of dispute within the period set forth above, the Party failing to provide the computation or failing to provide such notice of dispute shall be deemed to have accepted and may not dispute the other Party’s computation for purposes of this Agreement.


More Definitions of Net Receivable

Net Receivable in the case of any Financing Contract, shall refer to the Gross Receivable with respect to such Finance Contract less the amount of any unearned financing income associated therewith.
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Net Receivable means Acquired Domestic Accounts Receivable less Assumed Dentist Payables.
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Related to Net Receivable

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

  • Net Receivables Balance means, at any time, the aggregate Outstanding Balance of all Eligible Receivables at such time reduced by the aggregate amount by which the Outstanding Balance of all Eligible Receivables of each Obligor and its Affiliates exceeds the Concentration Limit for such Obligor.

  • 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.

  • Net Receivables Pool Balance means, at any time: (a) the Outstanding Balance of Eligible Receivables then in the Receivables Pool minus (b) the Excess Concentration.

  • Delinquent Receivable means a Receivable as to which any payment, or part thereof, remains unpaid for 61 days or more from the original due date for such payment.