Contract Right. any right of either Borrower to payment under a contract for the sale or lease of goods or the rendering of services, which right is at the time not yet earned by performance. Contractual Rights – as defined in subsection 5.1.1 of the Agreement.
Appears in 1 contract
Contract Right. any right of either Borrower to payment under a contract for the sale or lease of goods or the rendering of services, which right is at the time not yet earned by performance. Contractual Rights – as defined in subsection 5.1.1 of the Agreement.
Appears in 1 contract
Sources: Loan and Security Agreement (Home Products International Inc)