Purchased Receivables definition
Purchased 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 identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.
Purchased Receivables means now owned or hereafter existing Receivables sold, purported to be sold, transferred or contributed or purported to be transferred or contributed by WESCO or any other Originator to the Receivables Seller under the Receivables Purchase and Sale Agreement.
Purchased Receivables means for any Purchase all those Receivables arising out of the invoices and other agreements identified on the Schedule for such Purchase.
Examples of Purchased Receivables in a sentence
Client’s failure to comply with its duties under this Section without cure of such non-compliance for a period of [five days] shall result in repurchase of such related Purchased Receivables.
More Definitions of Purchased Receivables
Purchased Receivables means the Initial Receivables and the Additional Receivables.
Purchased Receivables has the meaning specified in Section 1.1(a).
Purchased Receivables shall have the meaning assigned to such term in any Receivables Purchase Agreement.
Purchased Receivables means each and every Receivable originated by the Originator now existing or hereafter prior to the Originator Termination Date.
Purchased Receivables accounts receivable purchased by the Company or any of its Subsidiaries from third parties and not originally created by the sale of goods or services by the Company or any of its Subsidiaries.
Purchased Receivables. The meaning set forth in Section 2(a) hereof.
Purchased 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 identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance. 1.14. "Refund" shall have the meaning set forth in Section 3.5 hereof. 1.15. "Reserve" shall have the meaning set forth in Section 2.4 hereof. 1.16. "Repurchase Amount" shall have the meaning set forth in Section 4.2 hereof. 1.17. "Reconciliation Date" shall mean the last calendar day of each Reconciliation Period. 1.18. "Reconciliation Period" shall mean each calendar month of every year.