Foreign Receivable definition

Foreign Receivable means a Receivable, the Obligor of which is not a United States resident (or, if a corporation or other registered organization, the Obligor of which is not organized and in existence under the laws of the United States or any state or political subdivision thereof).

Foreign Receivable means any Receivable denominated and payable in United States Dollars, the Obligor of which is organized under the laws of, or has its chief executive office in, any jurisdiction other than the United States or Canada (or any political subdivision thereof).

Foreign Receivable means any Receivable, the Obligor of which is not a U.S. Obligor.

Examples of Foreign Receivable in a sentence

• With respect to each Certified Foreign Receivable, the Servicer shall have received an executed certificate from a Responsible Officer of the Seller to the Managing Facility Agent, dated the date of such proposed sale and in the form approved by the Managing Facility Agent pursuant to subsection 2.27.

• With respect to each Purchased Receivable which is a Commuter Receivable (other than a Foreign Receivable and an Affiliate Receivable), Raytheon Credit or the Seller shall be entitled to the benefits of Section 1110 of the Bankruptcy Code (11 USC ss.

• The aggregate amount of Revolving Advances made to Borrowers against Eligible Pre-Approved Foreign Receivable or Receivables shall not exceed in the aggregate, at any time outstanding, ten percent (10%) of the Formula Amount.

• The Originators shall pay when due all premiums, and timely and properly file and pursue all claims under, and take such other actions as shall be required under any such policy in connection therewith (including, without limitation, filing all such reports, terminating shipments and otherwise mitigating potential losses as required under such policy) and to maintain in full force and effect for the term of, any credit insurance policy covering any Permitted Foreign Receivable.

• The Foreign Receivable Subline Fee shall be fully earned when paid and non-refundable.

More Definitions of Foreign Receivable

Foreign Receivable a Receivable the Obligor of which is a Foreign Obligor.

Foreign Receivable means any Account owing to Lead Borrower or any of its Subsidiaries by an Account Debtor organized outside the United States and the territories or possessions of the United States (other than Accounts that are payable to the Hong Kong Guarantor and satisfy the eligibility criteria set forth in clause (l) of the definition of Eligible Account).

Foreign Receivable means any Receivable other than a Domestic Receivable.

Foreign Receivable means a Receivable the Obligor of which (a) if a natural person, is a resident of a country other than the United States or Canada, or (b) if a corporation or other business organization, is organized under the laws of a country other than the United States or Canada, and has its chief executive office in a country other than the United States or Canada.

Foreign Receivable means any Eligible Receivable, the Obligor of which is organized under the laws of, or has its chief executive office in, any jurisdiction other than the United States (or any political subdivision thereof).

Foreign Receivable means a Receivable the Obligor of which is not a U.S. ------------------ resident or a Canadian resident.

Foreign Receivable means any Receivable the Obligor of which is not organized under the laws of the United States or any political subdivision thereof.