Definition of Posted Receivable


Posted Receivable means a Receivable that is offered for sale over the Exchange by the Seller posting the Receivable on the TRE Platform.

Examples of Posted Receivable in a sentence

No Party will be liable for delay or failure to perform its obligations under this Agreement (other than a failure to pay amounts when due or to Consummate the purchase of a Posted Receivable) caused by an event that is beyond the Party's control; provided, however, that such Party will not have contributed in any way to such event.