Receivables Program Assets means: (1) all Receivables which are described as being transferred by the Borrower, a Restricted Subsidiary or a Receivables Subsidiary pursuant to the Receivables Documents; (2) all Receivables Related Assets in respect of Receivables described in clause (1); and (3) all collections (including recoveries) and other proceeds of the assets described in the foregoing clauses.
Receivables Program Assets means all of the following property and interests in property, including any undivided interest in any pool of any such property or interests, whether now existing or existing in the future or hereafter arising or acquired: (i) accounts, (ii) accounts receivable, general intangibles, instruments, contract rights, documents and chattel paper (including, without limitation, all rights to payment created by or arising from sales of goods, leases of goods, or the rendition of services, no matter how evidenced, whether or not earned by performance), (iii) all unpaid seller's or lessor's rights (including, without limitation, rescission, replevin, reclamation and stoppage in transit) relating to any of the foregoing or arising therefrom, (iv) all rights to any goods or merchandise represented by any of the foregoing (including, without limitation, returned or repossessed goods), (v) all reserves and credit balances with respect to any such accounts receivable or account debtors, (vi) all letters of credit, security or Guarantees of any of the foregoing, (vii) all insurance policies or reports relating to any of the foregoing, (viii) all collection or deposit accounts relating to any of the foregoing, (ix) all books and records relating to any of the foregoing, (x) all instruments, contract rights, chattel paper, documents and general intangibles relating to any of the foregoing, and (xi) all proceeds of any of the foregoing.
Receivables Program Assets means all of the following Property and interests in Property, including any undivided interest in any pool of any such Property or interests, whether now existing or existing in the future or hereafter arising or acquired:
Examples of Receivables Program Assets in a sentence
Notwithstanding any other provision herein to the contrary, upon the consummation of any Qualified Receivables Transaction (including without limitation any sales, conveyances or other transfers of Receivables Program Assets thereunder), the security interest granted hereunder in any Receivables Program Assets subject to such Qualified Receivables Transaction shall be automatically released.
The Receivables Collateral Agent and the Banks' Agent hereby appoint each other as agent for purposes of perfecting by possession their respective security interests and ownership interests and liens on the Receivables Program Assets and the Bank Collateral described hereunder.
In the event that any party hereto shall be required by the UCC or any other applicable law to give notice to the other of intended disposition of Receivables Program Assets or Bank Collateral, respectively, such notice shall be given in accordance with Section 3.1 hereof and ten (10) days' notice shall be deemed to be commercially reasonable.
The Administrative Agent agrees to render statements to the Banks' Agent upon reasonable request, which statements shall identify in reasonable detail the Purchased Receivables and shall render an account of the Receivables Claim, giving effect to the application of proceeds of Receivables Program Assets as hereinbefore provided.
Each party hereto shall, upon reasonable request of any other party hereto, provide copies of all such modifications or amendments and copies of all other documentation relevant to the Receivables Program Assets or the Bank Collateral.
More Definitions of Receivables Program Assets
Receivables Program Assets means (a) all Receivables in which undivided percentage interests are transferred by any Consolidated Company pursuant to the Receivables Documents, (b) all Receivables Related Assets with respect to the Receivables described in CLAUSE (a) of this definition, and (c) all collections (including recoveries) and other proceeds of the assets described in the foregoing clauses.
Receivables Program Assets means all of the following property and interests in property, whether now existing or existing in the future or hereafter arising or acquired: (i) accounts, (ii) accounts receivable, general intangibles, instruments, contract rights, documents and chattel paper (including, without limitation, all rights to payment created by or arising from sales of goods, leases of goods, or the rendition of services, no matter how evidenced, whether or not earned by performance), (iii) all unpaid seller's or lessor's rights (including, without limitation, rescission, replevin, reclamation and stoppage in transit) relating to any of the foregoing or arising therefrom, (iv) all rights to any goods or merchandise represented by any of the foregoing (including, without limitation, returned or repossessed goods), (v) all reserves and credit balances with respect to any such accounts receivable or account debtors, (vi) all letters of credit, security or guarantees of any of the foregoing, (vii) all insurance policies or reports relating to any of the foregoing, (viii) all collection or deposit accounts relating to any of the foregoing, (ix) all books and records relating to any of the foregoing, (x) all instruments, contract rights, chattel paper, documents and general intangibles related to any of the foregoing and (xi) all proceeds of any of the foregoing.
Receivables Program Assets means (1) all Receivables which are described as being transferred by the Borrower, a Subsidiary or a Receivables Subsidiary pursuant to the Receivables Documents, (2) all Receivables Related Assets and (3) all collections (including recoveries) and other proceeds of assets described in the foregoing clauses (1) and (2).
Receivables Program Assets means (i) the Purchased Receivables, (ii) the Collections related to such Purchased Receivables, (iii) Purchased Assets Returned Goods, and (iv) each deposit or other bank account to which any Collections of such Purchased Receivables are deposited (but in no event shall Receivables Program Assets include any Excluded Receivables Assets or Collections or other monies deposited in such accounts which are not Collections of Purchased Receivables).
Receivables Program Assets means all existing or hereafter acquired or arising Receivables of the Borrower or any Subsidiary, the Related Security with respect thereto, the collections and proceeds of such Receivables and Related Security, all lockboxes, lockbox accounts, collection accounts or other deposit accounts into which such collections are deposited and all other rights and payments relating to such Receivables.
Receivables Program Assets means (a) all Equipment and Receivables which are purported to be transferred by the Borrower, another Seller or a Receivables Subsidiary pursuant to the Receivables Documents, (b) all Receivables Related Assets, and (c) all collections (including recoveries) and other proceeds of the assets described in the foregoing clauses (a) and (b).
Receivables Program Assets. (a) all rights of the Borrower or any Selling Subsidiary to payments (whether constituting accounts, chattel paper, instruments, general intangibles or otherwise, and including the right to payment of any interest or finance charges) which are transferred by the Borrower, a Selling Subsidiary or a Receivables Subsidiary pursuant to the Receivables Documents, (b) all rights, title and interest of the Borrower, a Selling Subsidiary or a Receivables Subsidiary in goods relating to a sale that gave rise to such rights to payment, (c) security interests or liens (and the property subject thereto) purporting to secure such rights to payment, (d) all guaranties and other agreements or arrangements of whatever character from time to time supporting such rights to payment, (e) lock-boxes and bank accounts of the Borrower, any Selling Subsidiary or a Receivables Subsidiary in which proceeds of any of the foregoing are held, and all investments from such accounts and other claims and rights in connection therewith, (f) rights and interests of a Receivables Subsidiary under Receivables Documents, and (g) all collections (including recoveries) and other proceeds of the assets described in the foregoing clauses.