Notes Receivable definition

Notes Receivable means, all promissory notes or other similar obligations to pay money, whether secured or unsecured, which are not over thirty (30) days past due in which any Person has an interest.

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Notes Receivable means, as of any applicable date of determination, the aggregate amount outstanding under promissory notes issued by Dealers to Company or any of its Subsidiaries.

Notes Receivable mortgage and notes receivable and reimbursement agreements (to the extent obligations are payable under such reimbursement agreements), including interest payments thereunder, of Borrower or any Subsidiary in a Person (other than Borrower or its Subsidiaries).

Examples of Notes Receivable in a sentence

Borrower also shall keep a reporting system that shows all additions, fees, payments, claims, and write-downs with respect to the Notes Receivable.
The standard forms and documents evidencing and executed in connection with Notes Receivable and all actions and transactions by Borrower in connection therewith comply in all material respects with all applicable laws.
Borrower keeps complete, correct and accurate records of the Notes Receivable owned by Borrower and all payments thereon.
Borrower will collaterally assign, endorse to Lender, with full recourse, and deliver to Lender or, at Lender's request, to Lender's Custodial Agent all Notes Receivable which are part of the Receivables Collateral.
All payments (i.e., principal, interest, late charges and fees) made on account of Notes Receivable pledged to Lender shall be paid to Lender.

More Definitions of Notes Receivable

Notes Receivable means, as of any applicable date of determination, the aggregate amount outstanding under promissory notes issued by Dealers to Company or its Subsidiaries to evidence working capital loans by Company or any of its Subsidiaries to Dealers.

Notes Receivable means a payment obligation to a member or members of the Borrowing Group (other than Intra-Company Debt) which is evidenced by a written and enforceable promissory note and which is classified as a note receivable in accordance with GAAP.

Notes Receivable as to the Borrower or any of its Subsidiaries, any right to payment in respect of loans or finance leases made by the Borrower or such Subsidiary to its customers or users of the Borrower's or any Subsidiary's product or customers of distributors of such products in the ordinary course of business.

Notes Receivable means, all promissory notes or other similar obligations to pay money, whether secured or unsecured, that are not over thirty (30) days past due in which any Borrower, any Consolidated Party or any unconsolidated affiliate has an interest.

Notes Receivable means an unconditional written promise, signed by the maker, to pay a certain sum in money on demand or at a fixed or determinable future time either to the bearer or to the order of a person designated therin;

Notes Receivable means the promissory notes, negotiable instruments and other writings that (a) evidence a right to the payment of a monetary obligation payable to a Credit Party, whether now owned or hereafter made, originated or acquired by a Credit Party and (b) (i) are secured by an interest in real property located in the State of Texas or (ii) were acquired prior to the date hereof and are listed and described on Schedule Three hereof.

Notes Receivable mean mortgage and notes receivable and reimbursement agreements (to the extent obligations are payable under such reimbursement agreements), including interest payments thereunder, of each member of the Consolidated Group (other than such mortgage and notes receivable and reimbursement agreements owing from other members of the Consolidated Group).

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