Securitization Receivables (Gross) definition
Securitization Receivables (Gross) means, at any time, the aggregate amount of outstanding accounts receivable sold, contributed or otherwise transferred by the Domestic Borrower or a Subsidiary Originator to the SPV as part of the Approved Securitization, without deduction for any undivided percentage ownership interest that the Securitization Conduit may have therein pursuant to the Approved Securitization.