Assignment of Receivables definition
Examples of Assignment of Receivables in a sentence
Any restriction on assignment will not apply to the extent that it would have no effect under The Business Contract Terms (Assignment of Receivables) Regulations 2018.
Unless defined otherwise herein, words and expressions defined in or construed by the Conditional Assignment of Receivables shall have the same meanings and shall be construed in the same manner when used in this Agreement.
PARTIES (as defined in the Conditional Assignment of Receivables defined below) acting through the Collateral Agent.
The Assignor, the Collateral Agent and the Secured Parties entered into the Conditional Assignment of Receivables Agreement dated January 29, 2010 pursuant to which the Assignor agreed to assign to and in favour and for the benefit of the Collateral Agent and the Secured Parties all Receivables under the terms and conditions set out therein (the "Conditional Assignment of Receivables").
Discover Bank has been duly incorporated and is validly existing as a Delaware banking corporation, and has full corporate power and authority to execute and deliver this Agreement and each Assignment of Receivables to be delivered by it and to perform the terms and provisions hereof and thereof.