Receivables Property definition

Receivables Property has the meaning specified in Section 2.01(a).

Receivables Property has the meaning specified in Section 2.01.

Receivables Property means, collectively, (i) the Receivables; (ii) monies received thereunder on or after the Cut-off Date; (iii) the security interests in the Financed Vehicles granted by Obligors pursuant to the Receivables and any other interest of the Issuer in the Financed Vehicles; (iv) rights to receive proceeds with respect to the Receivables from claims on any theft, physical damage, credit life, credit disability, or other insurance policies covering Financed Vehicles or Obligors; (v) all of the Seller's rights to the Receivable Files; (vi) the Trust Accounts and all amounts, securities, investments, investment property and other property deposited in or credited to any of the foregoing, all security entitlements relating to the foregoing and all proceeds thereof; (vii) payments and proceeds with respect to the Receivables held by the [related] [Receivables] Servicer; (viii) all property (including the right to receive Liquidation Proceeds) securing a Receivable (other than a Receivable repurchased by a Servicer or purchased by a Seller); (ix) rebates of premiums and other amounts relating to insurance policies and other items financed under the Receivables in effect as of the Cut-off Date; and (x) all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under and all proceeds of every kind and nature whatsoever in respect of any or all of the foregoing, including all proceeds of the conversion thereof, voluntary or involuntary, into cash or other liquid property, all cash proceeds, accounts, accounts receivable, notes, drafts, acceptances, chattel paper, checks, deposit accounts, insurance proceeds, condemnation awards, rights to payment of any and every kind and other forms of obligations and receivables, instruments and other property which at any time constitute all or part of or are included in the proceeds of any of the foregoing.]

Examples of Receivables Property in a sentence

• The transfers of Receivables and Receivables Property by such Seller to the Company pursuant to this Agreement, and all other transactions between such Seller and the Company, have been and will be made in good faith and without intent to hinder, delay or defraud creditors of such Seller, and such Seller acknowledges that it has received and will receive fair consideration and reasonably equivalent value for the purchases by the Company of Receivables and Receivables Property hereunder.

• The Buyer has advised the Seller that (i) the Buyer has sold an undivided ownership interest in the Purchased Receivables and the Receivables Property to the Administrative Agent, for the benefit of the Transferees under the Receivables Transfer Agreement and (ii) the servicing, administration and collection of the Purchased Receivables and the Receivables Property shall be conducted by the Person designated as the Collection Agent pursuant to the Receivables Transfer Agreement from time to time.

• Simultaneously with the granting or payment of any Purchase Price Credit by any Seller in respect of a Purchased Receivable under clause (ii) above, such Purchased Receivable and the Receivables Property with respect thereto shall immediately and automatically be sold, assigned, transferred and reconveyed (without recourse) by the Buyer to such Seller without any further action by the Buyer or any other Person.

• For this purpose, the Seller hereby grants to the Buyer a security interest in all of the Seller’s right, title and interest, whether now owned or hereafter acquired, in, to and under all Receivables and the Receivables Property with respect thereto, which security interest shall secure all obligations of the Seller hereunder.

• No transfer of any Receivables or any Receivables Property to the Company by such Seller constitutes a fraudulent transfer or fraudulent conveyance or is otherwise void or voidable under similar laws or principles, the doctrine of equitable subordination or for any other reason.

More Definitions of Receivables Property

Receivables Property means Receivables Accounts and Purchased Assets, and all books, records, ledger cards, files, correspondence, computer programs, tapes, disks and related data that evidence or contain information relating to the Receivables Account and Purchased Assets, and all proceeds and products thereof (specifically excluding proceeds and products received by the Grantor from the transfer of assets to Bluestem SPV pursuant to the SPV Credit Documents).

Receivables Property has the meaning set forth in the Security Agreement.

Receivables Property has the meaning specified in Section 2.1(a) (Agreement to Purchase).

Receivables Property has the meaning specified in the North American Originator Purchase Agreement.

Receivables Property shall have the meaning set forth in Section 5.1(a).

Receivables Property shall have the meaning set forth in Annex X to the Receivables Purchase Agreement.

Receivables Property means accounts receivable, together with the inventory and goods the sale of which gave rise to such accounts receivable (including, without limitation, returned or repossessed inventory or goods and all insurance contracts with respect to such inventory, goods or accounts receivable), related collections and proceeds thereof, service contracts and other contracts associated with such accounts receivable, collateral insurance therefor, guarantees, letters of credit and other supporting agreements related thereto, security interests and liens and property subject thereto which secure the payment of such accounts receivable and related financing statements and security agreements, lockbox and other collection accounts into which payments made in respect of such accounts receivable and proceeds thereof are deposited, all records related thereto, all rights under related receivables sale agreements, performance guarantees and promissory notes, and all proceeds of the foregoing.