Future Receivables definition

Future Receivables include all future payments made by cash, check, ACH, director pre-authorized debit, wire transfer, credit card, debit card, charge card or other form of payment in connection with, arising from, related to or otherwise attributable to your business, including for goods, services or facilities provided by you.

Future Receivables means any of Seller's Receivables which are generated on or after the Initial Closing Date.

Future Receivables means the proceeds of sales by the Merchant to its customers after the Acceptance Date, arising from Payments by the Merchant's customers, less any fees, charges or deductions made by any of the Acquirers and paid to the Nominated Bank Account by any of the Acquirers;

Examples of Future Receivables in a sentence

• Such agreement sets out the procedures and terms in respect of the sale and purchase of the Initial Receivables on the Closing Date, for Future Receivables on each Purchase Date and for Additional Receivables on each Monthly Purchase Date including the rights, obligations and responsibilities of both parties.

• SellersFunding shall have no duty or obligation to perform, in any respect, any contracts or duties of the Merchant to the Marketplace, any other marketplace or third party that is the obligor with respect to Future Receivables, or any other person or entity with respect to any receivables owed by the Marketplace, such other marketplace or such other third party.

• Without limitation of any other provision of the Transaction Documents, for all Future Receivables that will be offered for sale to SellersFunding, the Merchant represents and warrants there has been no prepayment, payment dispute, clawback, unreported offset or contra accounting item, or an actual or purported terms of service violation from the Marketplace that is the obligor with respect to Future Receivables.

• In addition, it shall constitute an Event of Default under the Receivables Purchase Agreement if the Merchant or any Guarantor attempts to countermand, redirect, defeat, delay, avoid or enjoin the operation and effect of any assignment or notice of assignment to the Marketplace that is an obligor with respect to the Future Receivables, relating to SellersFunding’s purchase of any Future Receivables or other Conveyed Property.

• You have taken and will continue to take all measures necessary to attain and maintain eligibility to perform the services and activities you undertake to generate Future Receivables.

More Definitions of Future Receivables

Future Receivables means any and all deposits and/or credits into Seller’s Bank Account including, but not limited to: (i) cash deposits; (ii) check deposits; (iii) wire transfer of funds; (iii) ACH transfer of funds; (iv) monies received from transactions involving credit cards, debit cards, bank cards, gift cards, and charge cards; (v) monies received from transactions involving Cash App, Venmo, Zelle, OFX, Paypal, Square, TransferWise, WorldRemit, Facebook Pay, Apple Pay, Remitly, Google Pay, Samsung Pay, Paytm, Azimo, Payoneer, Western Union, and/or any other application, website, and/or service used for the transfer of monies between parties; and/or (vi) transactions involving any cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Cardano, Polkadot, Bitcoin Cash, Stellar, Chainlink, Binance Coin, Tether, Monero, and/or any other cryptocurrency accepted by Seller.

Future Receivables means all Receivables on a Designated Account which are not Existing Receivables;

Future Receivables means all Receivables owing by a Designated Account Debtor which are not Existing Receivables.

Future Receivables means any of Seller's Receivables which are generated on or after the Initial Closing Date. "Indemnified Party" means a party to whom an indemnification payment, as described in Article IX, may be due and

Future Receivables means the Receivables (including Additional Receivables) that are transferred to the Trust by the Transferor on or after the Series 1998-1 Closing Date. "Global Certificate" shall have the meaning specified in Section 6.13.

Future Receivables means Receivables coming into existence after the Initial Cutoff Date.

Future Receivables shall have the meaning specified in Section 2.01.