Sold Receivables means, collectively, (i) the Pool Receivables specified as “Sold Receivables” on the Initial Schedule of Sold Receivables, (ii) all additional Pool Receivables specified as “Sold Receivables” on the Investment Requests delivered with respect to all subsequent Investments made hereunder and (iii) all additional Pool Receivables designated as “Sold Receivables” and transferred by the Seller pursuant to Section 2.01(b) in connection with a Release as contemplated by the first paragraph in Section 3.01(a).

Sold Receivables means, collectively, (i) the Pool Receivables specified as “Sold Receivables” on the Initial Schedule of Sold Receivables, (ii) all additional Pool Receivables specified as “Sold Receivables” on each Monthly Report delivered hereunder and (iii) all additional Pool Receivables designated as “Sold Receivables” and transferred by the Seller pursuant to Section 2.01(b) in connection with a Release as contemplated by the first paragraph in Section 4.01(a).

Sold Receivables means those Receivables that have been sold to the Buyer under this Agreement.

Examples of Sold Receivables in a sentence

The Seller shall maintain (or cause the Servicer to maintain) books and records sufficient to timely identify the Sold Receivables.
The Seller and Servicer shall cause (i) all Sold Receivables to be identified on each Investment / Loan Request in accordance with Section 2.03(a) and (ii) the aggregate Outstanding Balance of each Obligor’s Sold Receivables to be identified on each Monthly Report delivered hereunder.
The Seller hereby absolutely, irrevocably and unconditionally guarantees to each Purchaser, the Administrative Agent and the other Secured Parties the prompt payment of the Sold Receivables by the related Obligors and all other payment obligations included in the Sold Assets (collectively, the “Guaranteed Obligations”), in each case, in full when due, whether at stated maturity, as a mandatory prepayment, by acceleration or otherwise (such guaranty, the “Seller Guaranty”).

More Definitions of Sold Receivables

Sold Receivables means Receivables originated by the Borrower or its Subsidiaries sold to the Receivables Subsidiary or any other Person pursuant to and securing obligations under any Receivables Purchase Facility for an amount not to exceed $200,000,000, at any time outstanding.

Sold Receivables means any Receivables transferred by Navistar Financial pursuant to any Permitted Receivables Sale Agreement and not repurchased by Navistar Financial, except to the extent that Navistar Financial retains an ownership or other interest therein.

Sold Receivables means those accounts receivables originated by the Borrowers or any Restricted Subsidiary of the Borrowers (including any related assets) sold to any other Person (other than the Borrowers or any Restricted Subsidiary) pursuant to any Receivables Transaction.

Sold Receivables means, collectively, the Receivables and the other Related Property of each Subsidiary from time to time party to the Receivables Sale Agreement.

Sold Receivables means, with respect to any Account, each Receivable originated in such Account that is (i) an Eligible Receivable or (ii) an Ineligible Receivable transferred in accordance with the provisions of Section 2.9 of the Sale and Servicing Agreements.

Sold Receivables means any and all Receivables sold or contributed by the Originator to the SPV hereunder.