Non Allocated Cash definition
Non Allocated Cash means any collection recorded in any Seller’s accounting system, which has not yet been posted to the payment of a receivable.
Non Allocated Cash means any collection recorded in any Seller's accounting system, which has not yet posted to the payment of a receivable.
Examples of Non Allocated Cash in a sentence
Refinanced Discount Amount = (Refinanced Discount Rate as of the penultimate Funded Settlement Date x (Outstanding Amount of Originated Refinanced Ongoing Purchasable Receivables + the Outstanding Amount of Refinanced New Non Allocated Cash)) + (Refinanced Discount Rate as of such Settlement Date x Outstanding Amount of Refinanced Remaining Purchasable Receivables).