Definition of Pool Receivable

  1. Pool Receivable means a Receivable in the Receivables Pool.
  2. Pool Receivable means a Receivable conveyed to the Seller pursuant to the Purchase and Sale Agreement and not reconveyed to the Originator in accordance with the terms of the Purchase and Sale Agreement.

Examples of Pool Receivable in a sentence

  1. The Servicer has complied in all material respects with the Credit and Collection Policy with regard to each Pool Receivable and the related Contracts.
  2. Except as otherwise permitted in Section 9.02, the Seller will not, and will not permit the Servicer to, alter the delinquency status or adjust the Outstanding Balance or otherwise modify the terms of any Pool Receivable in any material respect, or amend, modify or waive, in any material respect, any term or condition of any related Contract.

Definition of Pool Receivable in Receivables Purchase Agreement

Pool Receivable means a Receivable in the Receivables Pool.


Definition of Pool Receivable in Purchase Agreement

Pool Receivable means a Receivable conveyed to the Seller pursuant to the Purchase and Sale Agreement and not reconveyed to the Originator in accordance with the terms of the Purchase and Sale Agreement.