Non-Current Receivable definition

Non-Current Receivable means, at any time of determination, a Receivable as to which any payment, or part thereof, remains unpaid for 31 or more days from the original due date for such payment with respect to such Receivable.
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Examples of Non-Current Receivable in a sentence

  • If, following the Closing, any amounts are received by the Purchaser from an account debtor in respect of any Non-Current Receivable, the Purchaser shall remit promptly to the Seller all amounts so collected.

Related to Non-Current Receivable

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

  • 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.

  • Subsequent Receivables means the Receivables transferred to the Issuer pursuant to Section 2.2, which shall be listed on Schedule A to the related Subsequent Transfer Agreement.

  • 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.

  • Government Receivable means a Receivable, the Obligor of which is a government or a governmental subdivision or agency.