Definition of Posted Receivable

Posted Receivable means a Receivable owing from a Buyer to Supplier represented or evidenced by a Posted Invoice.

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.