Program Receivables definition

Program Receivables means all trade receivables and related contract rights originated and owned by the Borrower or any Subsidiary and sold pursuant to the Receivables Program.
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Program Receivables means all Eligible Receivables sold pursuant to a Permitted Receivables Financing.
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Program Receivables means all Trade Receivables and Equipment Receivables originated and owned by the Company or any Restricted Subsidiary and sold pursuant to a Receivables Program.
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Examples of Program Receivables in a sentence

  • Without limiting the generality of the foregoing, the Agents are hereby expressly authorized to execute any and all documents (including releases) with respect to the Collateral and the Program Receivables and the rights of the Secured Parties with respect thereto, as contemplated by and in accordance with the provisions of this Agreement and the Security Documents.

  • After May 31, 2012, no Receivables will be sold pursuant to any agreement other than the Facility Documents, and prior to May 31, 2012, the aggregate Expected Net Value of the AccessOne Program Receivables shall not exceed $500,000.

  • After May 31, 2012, no Receivables will be sold pursuant to any agreement other than the Documents, and prior to May 31, 2012, the aggregate Expected Net Value of the AccessOne Program Receivables shall not exceed $500,000.

  • The Lenders hereby acknowledge and agree that the transfer of Program Receivables by SNC to the Borrower, and the transfer of Program Receivables by the Borrower to JSF pursuant to the Receivables Program, constitute true and valid sales for consideration (or, in the case of Program Receivables contributed by the Borrower to JSF, contributions for consideration), and not a borrowing by the Borrower or SNC from JSF secured by such Program Receivables.

  • Except as otherwise provided in a Program Portfolio Schedule, the Subservicer agrees to keep and retain such records relating to the Program Receivables obligations hereunder in accordance with its Customary Servicing Practices.


More Definitions of Program Receivables

Program Receivables means all trade receivables and related contract and other rights and property (including all general intangibles, collections and other proceeds relating thereto, all security therefor and any goods that have been repossessed in connection with any thereof) sold or contributed by the Borrower to JSF prior to the commencement of a Liquidation Period (as defined in the Receivables Program Documents) pursuant to the Receivables Program Documents (including property of SNC sold to the Borrower for sale or contribution by the Borrower to JSF pursuant to the Receivables Program Documents).
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Program Receivables means all trade receivables and related contract rights originated and owned by the Parent or any of its Subsidiaries and sold pursuant to the Receivables Program.
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Program Receivables means all trade receivables and related contract and other rights and property (including all general intangibles, collections and other proceeds relating thereto, all security therefor and any goods that have been repossessed in connection with any thereof) sold or contributed by Stone or any Subsidiary to FinSub pursuant to the Receivables Program Documents.
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Program Receivables means all purchases and cash advances attributable to the Accounts, less any adjustments or credits for which Bank is obligated to settle with MasterCard.
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Program Receivables means all trade receivables and related contract ------------------- and other rights and property (including all general intangibles, collections and other proceeds relating thereto, all security therefor and any goods that have been repossessed in connection with any thereof) sold or contributed by the Borrower or any Subsidiary to FinSub pursuant to the Receivables Program Documents.
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Program Receivables means all trade receivables and related contract rights originated and owned by Terex or any Restricted Subsidiary (other than an Inactive Subsidiary) and sold pursuant to the Receivables Program.
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Program Receivables means all trade receivables and related contract rights originated and owned by the Company or any Subsidiary and sold pursuant to the Receivables Program. "Pro Rata Percentage" of any Revolving Credit Lender at any time shall mean the percentage of the Total Revolving Credit Commitment represented by such Lender's Revolving Credit Commitment. In the event the Revolving Credit Commitments shall have expired or been terminated, the Pro Rata Percentages shall be determined on the basis of the Revolving Credit Commitments most recently in effect.
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