Outstanding Receivables definition

Outstanding Receivables means all receivables outstanding as of the Closing Date pursuant to the Assignment Agreements. Each such receivable is an "Outstanding Receivable".

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Outstanding Receivables means Receivables that are "Outstanding Receivables" under the Purchase Agreement in the form attached hereto.

Outstanding Receivables means, with respect to a particular date, the Company’s accounts receivable as of 11:59 p.m. on the such date, as determined in accordance with the Agreed Accounting Principles, less (i) any accounts receivable balance which is more than sixty (60) days past due as of such date and (ii) any accounts receivable where the customer is (or where steps have been taken to place the customer) in liquidation, receivership or bankruptcy, or where the debt has been placed into the hands of lawyers or collection agents for collection, or for any other debt where there is doubt about full collection being foreseeable, on the such date, as determined in accordance with the Agreed Accounting Principles.

Examples of Outstanding Receivables in a sentence

• For purposes of determining the Outstanding Receivables Balances of Receivables at any time, the Purchaser and the Seller agree that the Seller shall apply all Collections on a Receivable by Receivable basis.

• In the event that the initial Servicer has paid to or for the benefit of the Noteholders or any other applicable Secured Party the full Outstanding Receivables Balance of any Receivable pursuant to this paragraph, the Receivables Trust shall release and convey all of such Person’s right, title and interest in and to the related Receivable to the initial Servicer, without representation or warranty, but free and clear of all liens created by such Person, as applicable.

• The Servicer will furnish to the Receivables Trust, the Trustee and the Issuer from time to time such information in its possession with respect to the Receivables as such Person may reasonably request, including, without limitation, listings identifying the Outstanding Receivables Balance for each Receivable, together with an aging of Receivables.

• Notwithstanding the foregoing, in no event may the aggregate sales of Defaulted Receivables (by Outstanding Receivables Balance of such Defaulted Receivable as of the Cut-Off Date) pursuant to this Section 2.15 exceed 10% of the Outstanding Receivables Balance on the Cut-Off Date.

• For the avoidance of doubt, the Outstanding Receivables Balance of the purchased Receivables shall be calculated as of the close of business on the day preceding the applicable Purchase Date and the phrase “accrued Obligor interest” shall include any accrued but unpaid interest calculated on the applicable Receivable from the Initiation Date to the applicable Purchase Settlement Date.

More Definitions of Outstanding Receivables

Outstanding Receivables has the meaning set forth in Section 9.9.

Outstanding Receivables means all assignment receivables outstanding as of the Closing Date pursuant to the Assignment Agreements. “Parties” means Buyer, Security National, Seller and the Company.

Outstanding Receivables means as of the date of any calculation making reference thereto, an amount equal to the sum of the Direct Advances funded by TCFC for all Raceivables purchased by TCFC, minus the US Dollar equivalent that TCFC was able to purchase with the Peso amounts received by TCFC from collections of such Receivables.

Outstanding Receivables means, with respect to a particular date, the Company’s accounts receivable as of 12:01 a.m. on the such date, as determined in accordance with the Agreed Accounting Principles, less (i) any accounts receivable balance which as of the such time has been outstanding for more than 90 days past the original invoice date and (ii) any accounts receivable where the customer is (or where steps have been taken to place the customer) in liquidation, receivership or bankruptcy, or where the debt has been placed into the hands of lawyers or collection agents for collection, or for any other debt where there is doubt about full collection being foreseeable.

Outstanding Receivables means, for each Buyer:

Outstanding Receivables means all sums which are owed to any member of the Group as of the date of this Agreement pursuant to any of: (i) the Palm Insurance Loan Agreement; (ii) the Brazilian Loan Agreements; (iii) the Hong Kong Loan Agreement; or (iv) the Hong Kong Disposal Agreement.

Outstanding Receivables shall have the meaning set forth in Section 5.36.