Oil receivables definition

Oil receivables means amounts payable to the issuer, any guarantor or any of their respective subsidiaries for the sale, lease or other provision of crude oil or gas, whether or not they are already earned by performance.
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Oil receivables means amounts payable to the Issuer, the Guarantor, the Subsidiary Guarantors or any of their Subsidiaries in respect of the sale, lease or other provision of crude oil or gas, whether or not yet earned by performance.
Sample 1Sample 2Sample 3

Examples of Oil receivables in a sentence

  • The adjustment has been made during Q4 2017, with the portion relating to the acquired Circle Oil receivables (US$1.3 million) adjusted through the gain on acquisition, and the remainder through revenue (US$0.3 million).

  • The adjustment was made during Q4 2017, with the portion relating to the acquired Circle Oil receivables being adjusted through the gain on acquisition (US$1.3 million), and the remainder through net revenue (US$0.3 million).

Related to Oil receivables

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.

  • Pool Receivable means a Receivable in the Receivables Pool.

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Borrower or a Subsidiary is the holder and retains the rights of collection of all payments thereunder.

  • Finance Charge Receivables means Receivables created in respect of periodic finance charges, late fees, returned check fees and all other similar fees and charges billed or accrued and unpaid on an Account.

  • Accounts Receivable has the meaning set forth in Section 2.01(a).