Revenue Receivables definition

Revenue Receivables means all payments (whether or not yet due) which remain to be paid by the relevant Borrower under a Mortgage Asset Agreement, other than Principal Receivables, Principal Recoveries and Revenue Recoveries;
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Revenue Receivables means all payments (whether or not yet due) which remain to be paid by the relevant Customer under the Mortgage Loan Agreements, excluding Principal Receivables.
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Revenue Receivables means all payments which remain to be paid by the relevant Borrower under a Mortgage Backed Credit or by the Portuguese Government if the relevant Mortgage Backed Credit relates to a Subsidised Mortgage Backed Credit, other than a payment of principal in respect of such Mortgage Backed Credit, Principal Recoveries and Revenue Recoveries. Issuer AccountsThe Issuer will establish an operating account (the “Issuer Operating Account”) and a reserve account (the “Issuer Cash Reserve Account”) in its own name at the Issuer Accounts Bank (the “Issuer Accounts”). The Issuer Accounts will be operated by the Transaction Manager in accordance with the terms of, and subject to the conditions contained in, the Transaction Management Agreement, the Issuer Accounts Bank Agreement and the Security Deed. Amounts standing to the credit of the Issuer Cash Reserve Account and/or the Liquidity Ledger may (subject as provided below) be invested by the Transaction Manager in Authorised Investments in accordance with the terms of the Transaction Management Agreement.A downgrade of the rating of the Issuer Accounts Bank by the Rating Agencies below the Minimum Short-term Rating will require the Transaction Manager, on behalf of the Issuer, to transfer the Issuer Accounts to a bank whose rating meets or exceeds the Minimum Short-term Rating. Use of LedgersThe Transaction Manager, on behalf of the Issuer, will be required to maintain the following ledgers as records in the books of the Issuer:In the Issuer Operating Account:
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Examples of Revenue Receivables in a sentence

  • Depreciation is computed using the straight-line method over the estimated useful lives of the respective capital assets, as follows:Buildings and improvements 20 – 40 yearsTransportation equipment 5 – 12 yearsGeneral equipment 3 – 15 yearsRevenue vehicles 5 – 12 years Recognition of Revenue, Receivables and Advances from GovernmentsThe Authority considers passenger fares, special transit and bus advertising revenues as operating revenues.

  • Recognition of Revenue, Receivables and Advances from GovernmentsThe Authority considers passenger fares, special transit and bus advertising revenues as operating revenues.

  • Receivables and Unavailable/Unearned Revenue Receivables at June 30, 2021, including applicable allowances for uncollectible accounts, are as follows: General Fund The Town calculates its allowance for uncollectible accounts using historical collection data and, in certain cases, specific account analysis.

  • Receivables and Deferred Revenue Receivables at June 30, 2016, including applicable allowances for uncollectible accounts, are as follows: General Fund The Town calculates its allowance for uncollectible accounts using historical collection data and, in certain cases, specific account analysis.

  • Revenue, Receivables, and Unearned Revenues Passenger fares are recorded as revenue at the time services are performed.

  • The UPERC Distribution Tariff Regulations provide for allowing bad-debts upto 2% of Revenue Receivables.

  • Trade Debtors * less: Provision for Doubtful debts Trade debtors after provision for doubtful debts Accrued Revenue Receivables * Terms: Trade debtors are non-interest bearing and generally on 30 day terms.

  • Current Fund Equity represents the difference between Current Assets and Current/Short-Term Liabilities, and consists of, among other things, Surplus Budget Balance, Surplus after Budget Financing, Deferred Revenue, Receivables Provision, Inventory Provision and Short-Term Provisions.

  • Receivables and Unearned Revenue Receivables consist of amounts due from governmental units for various grant programs and accounts receivable for charges for services to clients and other organizations.

  • Amounts that have been accrued for the year ended December 31, 2013 are: FundAmountGeneral$549,132Rural Fire15,478Road and Bridge118,537Health78,637Landfill99,105 Deferred Revenue Receivables from taxes and grants from federal and state agencies are reported as deferred revenue for all governmental fund types.


More Definitions of Revenue Receivables

Revenue Receivables means all payments (whether or not yet due) which remain to be paid by the relevant Borrower under a Mortgage Backed Credit Agreement or by the Portuguese Government (if the relevant Mortgage Backed Credit Agreement relates to a Subsidised Mortgage Backed Credit), other than Principal Receivables, Principal Recoveries and Revenue Recoveries;
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Revenue Receivables means, on any day, all payments other than Principal Receivables, Principal Recoveries and Revenue Recoveries which were received on such day from the relevant Debtor under a Mortgage Loan, and in particular payments on account of interest, fees, prepayment indemnities (indemnitê de remploi/wederbeleggingsvergoeding), other indemnities, reimbursement of insurance premiums or other expenses (including, for the avoidance of doubt, any payments other than Principal Receivables, Principal Recoveries and Revenue Recoveries to be made on any bill of exchange, promissory note or other negotiable instrument issued in respect of any Mortgage Loan (whether or not issued in breach of any provision of the Transaction Documents) to any holder thereof);
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Related to Revenue Receivables

  • Eligible Receivables means Receivables arising in the ordinary course of Borrower's business from the sale of goods or rendition of services, which Silicon, in its sole judgment, shall deem eligible for borrowing, based on such considerations as Silicon may from time to time deem appropriate. Without limiting the fact that the determination of which Receivables are eligible for borrowing is a matter of Silicon's discretion, the following (the "Minimum Eligibility Requirements") are the minimum requirements for a Receivable to be an Eligible Receivable: (i) the Receivable must not be outstanding for more than 90 days from its invoice date*, (ii) the Receivable must not represent progress billings, or be due under a fulfillment or requirements contract with xxx Xxxount Debtor, (iii) the Receivable must not be subject to any contingencies (including Receivables arising from sales on consignment, guaranteed sale or other terms pursuant to which payment by the Account Debtor may be conditional), (iv) the Receivable must not be owing from an Account Debtor with whom Borrower has any dispute (whether or not relating to the particular Receivable), (v) the Receivable must not be owing from an Affiliate of Borrower, (vi) the Receivable must not be owing from an Account Debtor which is subject to any insolvency or bankruptcy proceeding, or whose financial condition is not acceptable to Silicon, or which, fails or goes out of a material portion of its business, (vii) the Receivable must not be owing from the United States or any department, agency or instrumentality thereof (unless there has been compliance, to Silicon's satisfaction, with the United States Assignment of Claims Act), (viii) the Receivable must not be owing from an Account Debtor located outside the United States or Canada (unless pre-approved by Silicon in its discretion in writing, or backed by a letter of credit satisfactory to Silicon, or FCIA insured satisfactory to Silicon), (ix) the Receivable must not be owing from an Account Debtor to whom Borrower is or may be liable for goods purchased from such Account Debtor or otherwise. Receivables owing from one Account Debtor will not be deemed Eligible Receivables to the extent they exceed 25% of the total Receivables outstanding**. In addition, if more than 50% of the Receivables owing from an Account Debtor are outstanding more than 90 days from their invoice date* (without regard to unapplied credits) or are otherwise not eligible Receivables, then all Receivables owing from that Account Debtor will be deemed ineligible for borrowing. Silicon may, from time to time, in its discretion, revise the Minimum Eligibility Requirements, upon written notice to Borrower. * (45 DAYS FROM THE INVOICE DATE WITH RESPECT TO RECEIVABLES FOR WHICH A DISTRIBUTOR IS THE ACCOUNT DEBTOR) **; PROVIDED, HOWEVER, RECEIVABLES OWING FROM A DISTRIBUTOR WILL NOT BE DEEMED ELIGIBLE RECEIVABLES TO THE EXTENT THEY EXCEED THE LOWER OF 25% OF THE TOTAL RECEIVABLES OUTSTANDING OR $500,000

  • Ineligible Receivables shall have the meaning specified in subsection 2.05(a).

  • Principal Receivables means all Receivables other than Finance Charge Receivables.

  • Subsequent Receivables means the Receivables transferred to the Issuer pursuant to Section 2.2, which shall be listed on Schedule A to the related Subsequent Transfer Agreement.

  • Finance Charge Receivables means Receivables created in respect of periodic finance charges, late fees, returned check fees and all other similar fees and charges billed or accrued and unpaid on an Account.

  • Subject Receivables has the meaning assigned to such term in the Asset Representations Review Agreement.

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • Net Receivables Pool Balance means, at any time: (a) the Outstanding Balance of Eligible Receivables then in the Receivables Pool minus (b) the Excess Concentration.

  • 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.

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.

  • Initial Receivables means any Receivable conveyed to the Trust on the Closing Date.

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Borrower or a Subsidiary is the holder and retains the rights of collection of all payments thereunder.

  • Receivables Pool means, at any time, all of the then outstanding Receivables purchased or otherwise acquired by the Seller pursuant to the Purchase and Sale Agreement prior to the Facility Termination Date.

  • Net Receivables Balance means, at any time, the aggregate Outstanding Balance of all Receivables that are Eligible Receivables at such time reduced by (i) the aggregate amount by which the Outstanding Balance of all Receivables that are Eligible Receivables of each Obligor and its Affiliates exceeds the Concentration Limit for such Obligor and (ii) the aggregate Contractual Dilution Reserves for all Eligible Receivables of all Obligors.

  • Eligible Accounts Receivable means Accounts, Instruments, Documents, Chattel Paper, Contracts, and General Intangibles from customers of Borrowers or any Approved Subsidiary in which Bank has a perfected first priority security interest subject to Bank's credit approvals thereof other than the following: (i) Accounts which remain unpaid ninety (90) days after the date of the applicable invoice; (ii) Accounts with respect to which the Account Debtor is an Affiliate of any of the Borrowers, or a director, officer or employee of any of the Borrowers; (iii) Accounts with respect to which the Account Debtor is the United States of America or any department, agency or instrumentality thereof, unless filings in accordance with the Assignment of Claims Act have been completed and filed in a manner satisfactory to the Agent or, as to any government contract entered into after the date of this Agreement, concurrently with the execution and delivery of that government contract; (iv) Accounts with respect to which the Account Debtor is not a resident of the United States or Canada except if such Accounts (1) are secured by irrevocable trade letter(s) of credit in form and content acceptable to Bank and confirmed by a United States financial institution acceptable to Bank, (2) are secured by standby letters of credit with an expiration of date of at least one hundred twenty (120) days from the date of shipment confirmed by United States Bank acceptable to Bank and otherwise in form and content acceptable to Bank, or (3) are insured by a company acceptable to Bank, which insurance covers business and political risk; (v) Accounts arising with respect to goods which have not been shipped and delivered to and accepted as satisfactory by the Account Debtor or arising with respect to services which have not been fully performed and accepted as satisfactory by the Account Debtor; (vi) Accounts for which the prospect of payment in full or performance in a timely manner by the Account Debtor is or is likely to become impaired as determined by the Bank in its reasonable discretion; (vii) Accounts which are not invoiced (and dated as of the date of such invoice) and sent to the Account Debtor within fifteen (15) days after delivery of the underlying goods to, or performance of the underlying services for, the Account Debtor; (viii) Accounts with respect to which Bank does not have a first and valid fully perfected security interest; (ix) Accounts with respect to which the Account Debtor is the subject of bankruptcy or a similar insolvency proceeding or has made an assignment for the benefit of creditors or whose assets have been conveyed to a receiver or trustee, except if Bank is delivered evidence acceptable to Bank as to the collectability in the normal course of business of such Accounts; (x) Accounts with respect to which the Account Debtor's obligation to pay the Account is conditional upon the Account Debtor's approval or is otherwise subject to any repurchase obligation or return right, as with sales made on a xxxx-and-hold, guaranteed sale, sale-and-return, sale on approval (except with respect to Accounts in connection with which Account Debtors are entitled to return Inventory solely on the basis on the quality of such Inventory) or consignment basis; (xi) Accounts with respect to which the Account Debtor is located in Minnesota unless the applicable Borrower has filed a Notice of Business Activities Report with the Secretary of State of Minnesota for the then current year; (xiv) all Accounts of any Account Debtor if twenty-five percent (25.0%) or more of all Accounts of such Account Debtor have ceased to be Eligible Accounts Receivable; and (xii) Accounts with respect to which the Account Debtors are residents of Canada to the extent the aggregate sum exceeds $750,000.00. The approvals of Account Debtors and Accounts shall be for Bank purposes only and shall not constitute any representation by Bank as to the credit worthiness of any such Account Debtor or the advisability or profitability of doing business with such Account Debtor.

  • Principal Receivable means each Receivable other than Finance Charge -------------------- Receivables and Receivables in Defaulted Accounts. A Principal Receivable shall be deemed to have been created at the end of the day on the Date of Processing of such Receivable. In calculating the aggregate amount of Principal Receivables on any day, the amount of Principal Receivables shall be reduced by the aggregate amount of credit balances in the Accounts on such day. Any Principal Receivables which Seller is unable to transfer as provided in Section 2.5(c) of -------------- the Transfer and Servicing Agreement shall not be included in calculating the aggregate amount of Principal Receivables.

  • Excluded Receivables means, as of any date of determination, all accounts receivable referred to in Item 1 of Schedule 7.01.

  • Review Receivables means those certain Receivables identified by the Servicer to the Asset Representations Reviewer following receipt of a Review Notice as not having been paid in full by the Obligor or purchased from the Issuer in accordance with the terms of the Basic Documents at or prior to the date of such Review Notice.

  • Receivables Reserves mean such reserves as may be established from time to time by the Administrative Agent in the Administrative Agent’s Permitted Discretion with respect to the determination of the collectability in the ordinary course of Eligible Accounts Receivables, including, without limitation, reserves for dilution.

  • Ineligible Receivable shall have the meaning specified in subsection 2.04(d)(iii).

  • Intercompany Receivables means all account, note or loan payables and all advances (cash or otherwise) or any other Extensions of Credit that are receivable by Parent or any of its Subsidiaries (other than the Bank or its Subsidiaries) from the Bank or its Subsidiaries.

  • Interest Receivable means, in respect of the relevant Measurement Period ending on any Measurement Date, all interest received by or accrued to the Issuer during such period, including any amounts received by the Issuer in terms of any Treasury Transaction (as such relates to the hedging by the Issuer of its interest rate risk) (other than interest which is not received or receivable in funds that are freely remittable to South Africa), all as reflected in, and/or ascertained from, the Financial Statements for that Measurement Period;

  • Eligible Account Receivable means an Account Receivable owing to the Company or any Domestic Subsidiary which meets the following requirements:

  • Simple Interest Receivable means any Receivable under which the portion of a payment allocable to interest and the portion allocable to principal is determined in accordance with the Simple Interest Method.

  • 60-Day Delinquent Receivables means, as of any date of determination, all Receivables (other than Repurchased Receivables and Defaulted Receivables) that are sixty (60) or more days delinquent as of such date (or, if such date is not the last day of a Collection Period, as of the last day of the Collection Period immediately preceding such date), as determined in accordance with the Servicer’s Customary Servicing Practices.

  • Eligible Credit Card Receivables means at the time of any determination thereof, each Credit Card Receivable that satisfies the following criteria at the time of creation and continues to meet the same at the time of such determination: such Credit Card Receivable (i) has been earned by performance and represents the bona fide amounts due to a Borrower from a credit card payment processor and/or credit card issuer, and in each case originated in the ordinary course of business of such Borrower, and (ii) is not ineligible for inclusion in the calculation of the Borrowing Base pursuant to any of clauses (a) through (k) below. Without limiting the foregoing, to qualify as an Eligible Credit Card Receivable, an Account shall indicate no Person other than a Borrower as payee or remittance party. In determining the amount to be so included, the face amount of an Account shall be reduced by, without duplication, to the extent not reflected in such face amount, (i) the amount of all accrued and actual discounts, claims, credits or credits pending, promotional program allowances, price adjustments, finance charges or other allowances (including any amount that a Borrower may be obligated to rebate to a customer, a credit card payment processor, or credit card issuer pursuant to the terms of any agreement or understanding (written or oral)) and (ii) the aggregate amount of all cash received in respect of such Account but not yet applied by the Loan Parties to reduce the amount of such Credit Card Receivable. Any Credit Card Receivables meeting the foregoing criteria shall be deemed Eligible Credit Card Receivables but only as long as such Credit Card Receivable is not included within any of the following categories, in which case such Credit Card Receivable shall not constitute an Eligible Credit Card Receivable: