Collateral Receivables definition

Collateral Receivables means Receivables, to the extent included in the definition of “Collateral”.
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Collateral Receivables means all amounts which are owed by Cardholders under the Credit Card Accounts from time to time including, without limitation, any amounts owing for the payment of goods and services and for cash advances, annual membership fees, over limit fees, late payment fees, periodic finance charges, and any other fee, expense or charge of every nature, kind and description.
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Examples of Collateral Receivables in a sentence

  • In connection with all calculations required to be made pursuant to this Agreement with respect to any payments on any other assets included in the Collateral, with respect to the sale of and reinvestment in Collateral Receivables, and with respect to the income that can be earned on any other amounts that may be received for deposit in the Canadian Collection Account or the U.S. Collection Account, as applicable, the provisions set forth in this Section 1.04 shall be applied.

  • The Weekly Report shall contain an updated Data Tape, with current information on Delinquent Collateral Receivables and Defaulted Collateral Receivables.

  • The Biweekly Report delivered for any Collection Period shall contain the information with respect to the Collateral Receivables included in the Collateral set forth in Schedule 8 hereto, and shall be determined as of the last day of the Collection Period applicable to such Biweekly Report.

  • The Monthly Report shall contain an updated Data Tape, with current information on Delinquent Collateral Receivables and Defaulted Collateral Receivables.

  • The Company shall make mandatory payments to the Holder as the funds become available from the boats listed below in Exhibit A ("Collateral Receivables") (attached hereto and incorporated by reference).

  • It will keep proper books of account and other records which accurately record all details relating to Collateral Receivables, and ensure that financial statements furnished by it under the Facility Documents, if any, are prepared in accordance with accounting principles generally accepted in the United States consistently applied.

  • Each of Riverside and Acorn owns good and marketable title to all of the Assets (other than the Collateral Receivables), which are being sold to Purchaser free and clear of all security interests, liens, claims and encumbrances, except for liens granted with respect to equipment leases.

  • Merge or consolidate with any other Person; sell, transfer, convey, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or a substantial portion of its assets (whether now owned or hereafter acquired) to any other Person except for sales and financings of accounts receivable (that are not Collateral Receivables) in the ordinary course of Borrower's business.

  • The Borrower has not, and to the knowledge of Borrower all prior owners of the Collateral Receivables and Credit Card Accounts have not, failed to comply with all material Requirements of Law.

  • The Company shall, and shall cause each Subsidiary Guarantor to, promptly upon receipt thereof, immediately deposit in its Collection Accounts all monies, checks, drafts or funds received by it or such Subsidiary Guarantor and including, without limitation, all proceeds of Collateral, Receivables of the Company or such Subsidiary Guarantor, Net Cash Proceeds and other cash proceeds of operations, whether arising in the ordinary course of business or otherwise.

Related to Collateral Receivables

  • Eligible Receivables means and include with respect to each Borrower, each Receivable of such Borrower arising in the Ordinary Course of Business and which Agent, in its sole credit judgment, shall deem to be an Eligible Receivable, based on such considerations as Agent may from time to time deem appropriate. A Receivable shall not be deemed eligible unless such Receivable is subject to Agent’s first priority perfected security interest and no other Lien (other than Permitted Encumbrances), and is evidenced by an invoice or other documentary evidence satisfactory to Agent. In addition, no Receivable shall be an Eligible Receivable if:

  • Purchased Receivables means all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as "receivables"), arising out of the invoices and other agreements identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.

  • Initial Receivables means the Receivables transferred to the Trust on the Closing Date as set forth on the Schedule of Receivables attached to the Initial SSA Assignment.

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.