Receivable Amount definition

Receivable Amount means as to any Receivable, the Receivable Amount due from the Account Debtor after deducting all discounts, credits, offsets, payments or other deductions of any nature whatsoever, whether or not claimed by the Account Debtor.

Receivable Amount means, as of any date of determination, the sum of all Series 2018-1 Xxxxx’x Eligible Manufacturer Receivables payable to any Group I Leasing Company or the Intermediary, in each case, as of such date by all Series 2018-1 Xxxxx’x Non-Investment Grade (Low) Manufacturers.

Receivable Amount means the aggregate of: (a) the Base Receivable Amount; and (b) in respect of all Selling Stockholders, the amount resulting from: (i) for each Selling Stockholder, the Olayan Daily Amount in respect of each relevant month multiplied by the number of days elapsed in that month during the period commencing on (and including) 1 January 2018 to (and including) the Olayan Closing Date; (ii) for each Selling Stockholder, the Company Receivable Daily Amount in respect of each relevant month multiplied by the number of days elapsed in that month during the period commencing on (and including) 1 January 2018 to (and including) the NESR Closing Date; and (iii) for each Selling Stockholder, the NESR Initial Cash Consideration Daily Amount in respect of each relevant month multiplied by the number of days elapsed in that month during the period commencing on (and including) 1 January 2018 to (and including) the NESR Closing Date.

Examples of Receivable Amount in a sentence

• Lender may at any time and from time to time contact Account Debtors and other persons obligated or knowledgeable in respect of Receivables to confirm the Receivable Amount of such Receivables, to determine whether Receivables constitute Eligible Receivables, and for any other purpose in connection with this Agreement.

• No later than three (3) Business Days prior to the Closing, Seller shall deliver to Buyer a statement (the “Estimated Closing Statement”) setting forth its good faith estimates of Closing Working Capital, Cash and Cash Equivalents, the Notes Receivable Amount, Closing Indebtedness and Seller Expenses, together with a calculation of the Purchase Price based on such estimates (the “Estimated Purchase Price”).

• The total price for the Transferring Receivable Amount to be paid by Dajiang and the Fund to SPE and Dajiang respectively in consideration of the relevant Assignment under the relevant Sale and Purchase Deed was arrived at on a willing-buyer and willing-seller basis.

• The Consideration Amount under each of the Sale and Purchase Deed represents a discounted amount of the Transferring Receivable Amount.

• Counterparty may in its sole discretion prepay the LBCC Receivable Amount at any time to LBCC without penalty.

More Definitions of Receivable Amount

Receivable Amount has the meaning set forth in Section 2.02.

Receivable Amount means as to any Receivable, the Receivable Amount due from the Account Debtor after deducting all discounts, credits, offsets, payments or other deductions of any nature whatsoever, whether or not claimed by the Account Debtor. "Receivables" means Borrowers rights to payment arising in the ordinary course of Borrowers business, including accounts, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, and bankers acceptances. "Scheduled Disputes" means the lawsuits, arbitration proceedings and other disputes described in Schedule 1 hereto. "Scheduled Disputes" means indebtedness of Borrower that is expressly subordinated to the indebtedness of Borrower owed to Lender pursuant to a subordination agreement satisfactory in form and substance to Lender. “Termination Fee” means a payment equal to 1.00% of the sum of the Credit Limit plus the Non-Formula Loan Amount.

Receivable Amount has the meaning set forth in Clause 6.3.1;

Receivable Amount as defined in Section 2.7(d).

Receivable Amount has the meaning specified in Section 9.11.

Receivable Amount means, with respect to a particular Relinquished Vehicle, the purchase price therefor payable by or on behalf of the applicable Manufacturer pursuant to the applicable Manufacturer Program.

Receivable Amount means the face amount of receivables, net of reserves, determined in accordance with United States generally accepted accounting principles applied on a basis consistent with the application of such principles in the preparation of the Financial Statements.