Contract Receivables definition
Examples of Contract Receivables in a sentence
ELIGIBLE RECEIVABLES AMOUNT ADVANCERATE ALLOWABLEADVANCE Trade Receivables 0 - 30 Days $ — X 85 % = $ — Trade Receivables 31 - 60 Days $ — X 50 % = $ — Trade Receivables 61 Days and Over $ — X — % = $ — Other Receivables $ — X — % = $ — Net Liquidated Value of Brokerage Accounts $ — X 90 % = $ — Net Contract Receivables for Old Crop Beans* $ — X 80 % = $ — Net Contract Receivables for New Crop Beans* $ — X 70 % = $ — Subtotal - Net Contract Receivables for Beans $ — $ — *Old crop ends September 30.
Notwithstanding anything to the contrary set forth herein, all calculations hereunder relating to the Series A Preferred shall be made on an accrual basis in accordance with U.S. generally accepted accounting principles (GAAP), including, without limitation, the calculation of the Cost of Healthcare Services, Dividend Receivables, IBNR, IBNR Reconciliation Amount, Net Income from Healthcare Services, Payor Contract Receivables, Retained Amounts, and the Series A Dividend.
Until so deposited, any such Gross Revenues (including all Membership Dues, Membership Contract Receivables payments or proceeds from any property disposition) that are held by Tenant shall be deemed to be Account Collateral and shall be held in trust by Tenant for the benefit of Landlord, as secured party, and shall not be commingled with any other funds or property of Tenant.
The Company will not at any time permit Gross Advances to exceed seventy percent (70%) of Net Installment Contract Receivables; provided, however, that at any time at which the Credit Agreement (as from time to time amended, restated, refinanced, replaced or supplemented) does not permit the amount of Gross Advances to exceed 65% of Net Installment Contract Receivables, the Company shall not permit Gross Advances to exceed sixty-five percent (65%) of Net Installment Contract Receivables.".
If in any enforcement suit or legal proceeding it is held that the Servicer may not enforce a Contract on the ground that it is not a real party in interest or holder entitled to enforce the Contract, Receivables III shall, at the Servicer's expense, take such steps as the Servicer deems necessary to enforce the Contract, including bringing suit in Receivables III's name.
The Company will not at any time permit Gross Advances to exceed seventy percent (70%) of Net Installment Contract Receivables; provided, however, that at any time at which the Credit Agreement (as from time to time amended, restated, refinanced, replaced or supplemented) does not permit the amount of Gross Advances to exceed 65% of Net Installment Contract Receivables, the Company shall not permit Gross Advances to exceed sixty-five percent (65%) of Net Installment Contract Receivables.
ELIGIBLE RECEIVABLES AMOUNT ADVANCERATE ALLOWABLEADVANCE Trade Receivables 0 - 30 Days $ — X 85% = $ — Trade Receivables 31 - 60 Days $ — X 50% = $ — Trade Receivables 61 Days and Over $ — X —% = $ — Other Receivables $ — X —% = $ — Net Liquidated Value of Brokerage Accounts $ — X 90% = $ — Net Contract Receivables for Old Crop Beans* $ — X 80% = $ — Net Contract Receivables for New Crop Beans* $ — X 70% = $ — Subtotal - Net Contract Receivables for Beans $ — $ — *Old crop ends September 30.
Borrower will maintain and implement administrative and operating procedures (including, without limitation, the ability to recreate records evidencing the Collateral in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of the Contract Receivables.
On a Consolidated Basis, maintain as of the end of each fiscal quarter Gross Advances to Dealers at a level not to exceed Seventy Percent (70%) of Net Installment Contract Receivables.
Without limiting or qualifying the provisions of paragraph 31(c)(ii) of this Lease, Tenant agrees that all Membership Dues, proceeds from Membership Contract Receivables and any other Gross Revenue (excluding interest and other earnings on deposits and other income on accounts other than the Accounts) shall be deposited into the Collection Account within five (5) Business Days after receipt thereof by Tenant.