Pledged Receivables definition

Pledged Receivables shall have the meaning attributed to such term in the Servicing Agreement.

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Pledged Receivables has the meaning assigned to that term in Section 2.11(a).

Pledged Receivables the collective reference to all Receivables pledged by any Grantor as Collateral.

Examples of Pledged Receivables in a sentence

• Attached hereto is (i) executed Player Contracts evidencing each of the Pledged Receivables included in the Borrowing Base; (ii) if requested by L▇▇▇▇▇, an acknowledgment of the assignment of the Player Contract executed by the counterparty to the Player Contract; and (iii) a spreadsheet evidencing a schedule of receipt by Borrower of the Pledged Receivables with respect to each Player Contract.

• The Assignor shall deliver a true and correct copy of all Player Contracts and any other documentary evidence of all Pledged Receivables to the Lender promptly upon the Lender’s request.

• The Assignor shall not, without the prior written consent of the Lender, (i) further encumber, assign or attempt to assign the Pledged Receivables or any portion of the proceeds thereof, due and payable or to become due and payable thereunder, (ii) alter, modify, amend or change the terms of any of the Pledged Receivables or surrender, renew, cancel or terminate the same, or (iii) fail to collect all amounts payable under the Pledged Receivables.

• This Assignment is a present absolute and unconditional assignment from the Assignor to the Lender to receive the proceeds of the Pledged Receivables, and not merely the granting of a security interest; provided that Lender shall have not liability or obligation under any Player Contract.

• Without limiting the foregoing, nothing contained in this Assignment is intended or shall be construed to prevent the Lender in the exercise of its discretion from collecting the Pledged Receivables.

More Definitions of Pledged Receivables

Pledged Receivables means at any time Receivables that are included (or that creates rights that are included) in the Collateral at such time.

Pledged Receivables means Pledged Pool A Receivables and Pledged Pool B Receivables.

Pledged Receivables means all rights to payment, whether or not earned by performance, for Goods or other property sold, leased, licensed, assigned or otherwise disposed of, or services rendered or to be rendered, including, without limitation all such rights constituting or evidenced by the Accounts, Chattel Paper, Documents, Investment Property, Instruments or Pledged Deposits, and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral, together with all of Grantor’s rights, if any, in any Goods or other property giving rise to such right to payment, all Collateral Support and Supporting Obligations related thereto and all Receivables Records, but excluding the Excluded Assets.

Pledged Receivables means all receivables due or to be due by the Pledged Debtor to the Pledgor under the Intercompany Loan Agreement.

Pledged Receivables means all Receivables which are not Purchased Receivables.

Pledged Receivables has the meaning set forth in the Credit Agreement.

Pledged Receivables means all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as “receivables”), arising out of the invoices and other agreements to which the Company has a right to collect from an Account Debtor for the first time on a date when there is an unpaid Advance outstanding.