Receivables Financing Documents definition

Receivables Financing Documents means each indenture, receivables transfer agreement or other document or agreement executed by the Receivables Parties any/or any future Receivables Financing Entities in connection with a Receivables Financing.

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Receivables Financing Documents means the Receivables Sale Agreement dated as of the date hereof among the Receivables Company and the Company, as seller and servicer, the Pooling Agreement dated as of the date hereof among the Receivables Company, and the Company, as servicer, and Chase, as trustee and the Servicing Agreement dated as of the date hereof among the Receivables Company, the Company, as servicer, and Chase, as trustee, and any amendment, modification, supplement, extension or renewal of or to any such agreement, including any supplement to the Pooling Agreement delivered thereunder in compliance therewith, provided (i) the board of directors of the Company shall have determined in good faith that such amendment, extension, modification, supplement or renewal is economically fair and reasonable to the Company and the Receivables Subsidiary, (ii) the sale of any Receivables or Related Assets pursuant thereto is made at fair market value (as determined in good faith by the board of directors of the Company), (iii) the financing terms, covenants and other material provisions of such amendment, extension, modification, renewal or supplement are market terms (as determined in good faith by the board of directors of the Company), (iv) no portion of any Indebtedness created thereunder is guaranteed by or is recourse to the Guarantor or any other Subsidiary of the Guarantor (other than recourse for customary representations, warranties, covenants and indemnities, none of which shall relate to the collectability of the Receivables transferred thereunder) and (v) neither the Guarantor nor any Subsidiaries of the Guarantor have any obligation thereunder to maintain or preserve the financial condition of the Receivables Company.

Receivables Financing Documents means the

Examples of Receivables Financing Documents in a sentence

• Any default by any Borrower or any Guarantor under any agreement (other than any Permitted Receivables Financing Documents) to which such Borrower or such Guarantor is a party and with respect to which the amount claimed exceeds $2,500,000, singly or in the aggregate.

• Copies of the Receivables Financing Documents, as executed and delivered by the parties thereto, and evidence that the initial purchase of receivables thereunder shall have been consummated in accordance with the terms thereof.

• Specified Vendor Receivables Financing Documents: all documents and agreements relating to Specified Vendor Receivables Financing.

• In addition, the Administrative Agent shall have received a copy of each agreement, certificate, opinion of counsel and any other material writing delivered in by or on behalf of each party to the Receivables Financing Documents and a letter from the Person delivering such opinion authorizing reliance thereon by the Administrative Agent and the Lenders.

• Prior to or simultaneously with the Closing, MFN shall have paid in full all Indebtedness, liabilities and other obligations owed by it and its Subsidiaries under the MFN Receivables Financing Documents, and the Company shall have delivered to the Purchaser true and correct copies of all documentation relating thereto, including payoff letters, UCC termination statements and other lien releases.

More Definitions of Receivables Financing Documents

Receivables Financing Documents means the Receivables Financing Agreements and the Receivables Purchase Agreement dated as of August 16, 1994 between the Borrower and Borden Receivables Corp., in each case as such documents may be amended, supplemented or otherwise modified from time to time.