Secured Receivables definition

Secured Receivables means any current or future, conditional or unconditional, monetary receivables of the Pledgee towards any Debtor, together with any interest, default interest, costs, expenses and other appurtenances, or any part thereof, with the value of the principal being secured in the maximum amount of EUR 294,991,800 that have arisen or may arise:
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Secured Receivables shall have the meaning set forth in Section 9.8(a) hereof.
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Secured Receivables. Has the meaning as provided in item (C) of the Recitals.
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Examples of Secured Receivables in a sentence

  • The Pledgor explicitly agrees that the Pledge shall continue to secure the Secured Receivables also in the case of any future amendments or changes (including privative novation) made to the Facilities Agreement, the Agreement or other Finance Documents.

  • The Pledgor is obliged to allow and to accept the satisfaction of the Secured Receivables through the enforcement of the Pledge even if any of the Secured Receivables is time-barred.

  • The rights guaranteed under this Agreement shall be cumulative in respect to any and all further security held or to be held by the Pledgee (if any) to satisfy the Secured Receivables.

  • For the avoidance of doubt, Secured Receivables shall always be deemed to mean both receivables whereunder the Pledgee is an individual creditor of the Debtor and receivables whereunder the Pledgee as the security agent is a creditor of the Debtors pursuant to clause 17.2 (Parallel Debt) of the Intercreditor Agreement.

  • In order to secure the due, full and timely payment of all Secured Receivables, the Pledgor hereby unconditionally and irrevocably creates a first ranking pledge over the Movable Assets pursuant to the provisions of Section 151a et seq.

  • The Pledgee shall be entitled to commence the enforcement of the Pledge over all or any of the Movable Assets or its part to satisfy all or any of the Secured Receivables.

  • The Pledgee shall issue this written confirmation without undue delay after termination of the Pledge upon full payment of all Secured Receivables, but in no event later than within ten Business Days after Pledgor’s written request.

  • Provided, however, that this shall not apply if such disposal is made as a result of the Pledgees assigning or otherwise disposing of the Secured Receivables in accordance with the Loan Agreements.

  • In this case, an amount equivalent to the amount that would be appropriated if the money equal to the Valued Amount of the Receivables in Kind evaluated by times, methods, prices, etc., that are generally acknowledged as appropriate was appropriated in the order and manner set forth in Clause 18 of the Loan Agreements, shall be used to repay the Secured Receivables.

  • The right to claim for the payment of principal and interest and any other receivables held by each Pledgee B against the Pledgor under the Loan Agreement B (collectively the “Secured Receivables B,” and together with the Secured Receivables A, the “Secured Receivables”) Maximum Amount: JPY 6,000,000,000 Date to crystallize the receivables to be secured by Floating Pledge B: No date is fixed.

Related to Secured Receivables

  • 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.

  • 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.

  • Purchased Receivable means a Receivable purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Sections 4.2, 4.4(c) or 4.7 or repurchased by the Seller or the Servicer pursuant to Section 3.2 or Section 10.1(a).

  • Transferred Receivable means a Purchased Receivable or a Contributed Receivable.

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