Purchased Account Terms definition

Purchased Account Terms has the meaning set forth in Section 2.3(b). [*] Indicates confidential portions omitted pursuant to a request for confidential treatment filed separately with the Commission.
Sample 1Sample 2
Purchased Account Terms has the meaning set forth in Section 2.3(b).
Sample 1Sample 2
Purchased Account Terms has the meaning set forth in Section 2.3(b). “Receiving Party” has the meaning set forth in Section 11.1(d). “Reference Year” has the meaning set forth in Section 8.3(d). [*] Indicates confidential portions omitted pursuant to a request for confidential treatment filed separately with the Commission.
Sample 1

More Definitions of Purchased Account Terms

Purchased Account Terms has the meaning set forth in Section 2.3(b). “Receiving Party” has the meaning set forth in Section 11.1(d). * 18 “Relevant Laws” has the meaning set forth in Section 4.16(a). “Renewal Term” has the meaning set forth in Section 14.1. “Requesting Party” has the meaning set forth in clause (d) of Schedule 4.14. “Restricted Party” has the meaning set forth in Section 2.7. “Risk Event” has the meaning set forth in Schedule 1.1(b). “Risk Management Policies” has the meaning set forth in Section 4.5(b). “Risk Manager” has the meaning set forth in Section 4.5(a). “Second Look Program” has the meaning set forth in clause (j) of Schedule 4.5. “Sellers” has the meaning set forth in the recitals. “Service Level Failure” has the meaning set forth in Schedule 4.12(a). “Service Level Standards” has the meaning set forth in Section 4.12(a). “Servicing” means the activities of Company as servicer of the Program undertaken pursuant to this Agreement, including the services performed by Company pursuant to Section 4.1 and Section 4.12, but excluding interactions with Cardholders and Applicants in Company’s role as a retailer. “Shopper” means any Person who makes purchases of Nordstrom Goods and/or Services or otherwise uses, enters or accesses Company Channels. “Shopper Data” has the meaning set forth in Schedule 1.1(b). “Solicitation Materials” means documentation, materials, artwork, copy, brochures or other written or recorded materials, in any format or media (including television, radio, internet and social media), used to promote or identify the Program to Cardholders and potential Cardholders, including direct mail solicitation materials and coupons. “Store” means a physical location branded with a Company Licensed Xxxx. “Subsidiary” means, with respect to any Person (the “parent Person”), each other Person as to which the parent Person owns, directly or indirectly, a majority of the voting securities of such Person or controls the decisionmaking of the board of directors of such other Person or its equivalent governing body. “Systems” means, with respect to any party, software, databases, computers, systems and networks owned, leased, licensed or operated by such party or its Affiliates or on behalf of such party or its Affiliates by third parties engaged by such party or its Affiliates; provided that a System shall not be a System of a particular party if access to or permission to use such System must be granted by the other party or its Affiliates. * 19 “Term” me...
Sample 1
Purchased Account Terms has the meaning set forth in Schedule 2.3.
Sample 1

Related to Purchased Account Terms

  • 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.

  • Repurchased Receivable means a Receivable purchased by Santander Consumer pursuant to Section 3.4 of the Purchase Agreement or by the Servicer pursuant to Section 3.6 of the Sale and Servicing Agreement.

  • 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).

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Eligible Account Receivable means an Account Receivable owing to the Company or any Domestic Subsidiary which meets the following requirements:

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Purchased Loan A motor vehicle retail installment loan relating to the sale of an automobile or light-duty truck originated by a Dealer, purchased by CAC or a subsidiary from such Dealer and evidenced by a motor vehicle retail installment sales contract.

  • Account Receivable means, with respect to any Person, any right of such person to payment for goods sold or leased or for services rendered, whether or not evidenced by an instrument or chattel paper and whether or not yet earned by performance.

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

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

  • Eligible Accounts Receivable means Accounts, Instruments, Documents, Chattel Paper, Contracts, and General Intangibles from customers of Borrowers or any Approved Subsidiary in which Bank has a perfected first priority security interest subject to Bank's credit approvals thereof other than the following: (i) Accounts which remain unpaid ninety (90) days after the date of the applicable invoice; (ii) Accounts with respect to which the Account Debtor is an Affiliate of any of the Borrowers, or a director, officer or employee of any of the Borrowers; (iii) Accounts with respect to which the Account Debtor is the United States of America or any department, agency or instrumentality thereof, unless filings in accordance with the Assignment of Claims Act have been completed and filed in a manner satisfactory to the Agent or, as to any government contract entered into after the date of this Agreement, concurrently with the execution and delivery of that government contract; (iv) Accounts with respect to which the Account Debtor is not a resident of the United States or Canada except if such Accounts (1) are secured by irrevocable trade letter(s) of credit in form and content acceptable to Bank and confirmed by a United States financial institution acceptable to Bank, (2) are secured by standby letters of credit with an expiration of date of at least one hundred twenty (120) days from the date of shipment confirmed by United States Bank acceptable to Bank and otherwise in form and content acceptable to Bank, or (3) are insured by a company acceptable to Bank, which insurance covers business and political risk; (v) Accounts arising with respect to goods which have not been shipped and delivered to and accepted as satisfactory by the Account Debtor or arising with respect to services which have not been fully performed and accepted as satisfactory by the Account Debtor; (vi) Accounts for which the prospect of payment in full or performance in a timely manner by the Account Debtor is or is likely to become impaired as determined by the Bank in its reasonable discretion; (vii) Accounts which are not invoiced (and dated as of the date of such invoice) and sent to the Account Debtor within fifteen (15) days after delivery of the underlying goods to, or performance of the underlying services for, the Account Debtor; (viii) Accounts with respect to which Bank does not have a first and valid fully perfected security interest; (ix) Accounts with respect to which the Account Debtor is the subject of bankruptcy or a similar insolvency proceeding or has made an assignment for the benefit of creditors or whose assets have been conveyed to a receiver or trustee, except if Bank is delivered evidence acceptable to Bank as to the collectability in the normal course of business of such Accounts; (x) Accounts with respect to which the Account Debtor's obligation to pay the Account is conditional upon the Account Debtor's approval or is otherwise subject to any repurchase obligation or return right, as with sales made on a xxxx-and-hold, guaranteed sale, sale-and-return, sale on approval (except with respect to Accounts in connection with which Account Debtors are entitled to return Inventory solely on the basis on the quality of such Inventory) or consignment basis; (xi) Accounts with respect to which the Account Debtor is located in Minnesota unless the applicable Borrower has filed a Notice of Business Activities Report with the Secretary of State of Minnesota for the then current year; (xiv) all Accounts of any Account Debtor if twenty-five percent (25.0%) or more of all Accounts of such Account Debtor have ceased to be Eligible Accounts Receivable; and (xii) Accounts with respect to which the Account Debtors are residents of Canada to the extent the aggregate sum exceeds $750,000.00. The approvals of Account Debtors and Accounts shall be for Bank purposes only and shall not constitute any representation by Bank as to the credit worthiness of any such Account Debtor or the advisability or profitability of doing business with such Account Debtor.

  • Designated Account Property The Designated Accounts, all cash, investments, Financial Assets, securities and investment property held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities or otherwise), including the Reserve Account Deposit, and all proceeds of the foregoing but excluding all Investment Earnings thereon.

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • Designated Account Bank has the meaning specified therefor in Schedule D-1.

  • Lockbox Account shall have the meaning set forth in Section 2.7.1 hereof.

  • Collection Accounts As defined in Section 3.10(a).

  • Subject Receivables has the meaning assigned to such term in the Asset Representations Review Agreement.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Purchased Loans means, with respect to each Purchase Agreement, the Loans offered for sale and purchased or substituted pursuant to such Purchase Agreement.

  • Purchaser’s Account The account of the Purchaser at a bank or other entity most recently designated in a written notice by the Purchaser to the Sellers as the "Purchaser's Account."

  • Lockbox Processor means Regulus Group II LLC, or its successors or assigns.

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).