Eligible accounts receivable definitions
WebSep 9, 2024 · Accounts receivable (AR): The money a company receives from its customers. What Are Accounts Payable? Accounts payable are short-term debts your company owes to vendors and suppliers. WebEligible 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.
Eligible accounts receivable definitions
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WebSECOND AMENDMENT TO CREDIT AGREEMENT . THIS SECOND AMENDMENT TO CREDIT AGREEMENT (the “Second Amendment”) is entered into effective as of October 26, 2012, by and among GREEN PLAINS GRAIN COMPANY LLC, a Delaware limited liability company, GREEN PLAINS GRAIN COMPANY TN LLC, a Delaware limited … WebSep 29, 2024 · Where a borrower has receivables on multiple projects which are being financed by a lender, the lender likely only faces the loss of its priority security interest as to amounts becoming due on the defaulted …
WebDefine Eligible Accounts Receivable. means, at the time of any determination thereof, each Account that satisfies the following criteria at the time of creation and continues to meet the same at the time of such determination: such Account (i) has been invoiced to, … WebRelated to Stale Accounts Receivable. Eligible Accounts Receivable means, at the time of any determination thereof, each Account that satisfies the following criteria and continues to meet the same at the time of such determination: such Account (i) has been invoiced to, and represents the bona fide amounts due to a Loan Party from, the purchaser of goods …
WebEligible Accounts Receivable means, at the time of any determination thereof, each Account that satisfies the following criteria and continues to meet the same at the time of such determination: such Account (i) has been invoiced to, and represents the bona fide amounts due to a Loan Party from, the purchaser of goods or services, in each case … WebMar 9, 2024 · Accounts receivable are used to track cash flow and working capital. When your company has an accounts receivable balance, you have not received a portion of revenue as a cash payment yet. A large accounts receivable balance can negatively impact cash flow, thus impacting the flexibility of your business.
WebOct 29, 2024 · Accounts receivable (AR) financing is a type of financing arrangement in which a company receives financing capital related to a portion of its accounts receivable. Accounts receivable...
WebEligible 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. brace\\u0027s orchard dallas pa hoursWebFeb 2, 2024 · noun plural accounts receivable : a balance due from a debtor on a current account Example Sentences Recent Examples on the Web Moone continued bouncing from financial aid, undergraduate admissions, the dean of students and accounts receivable, meeting multiple times with each, according to a timeline provided by the … gyro ducatiWebRelated to Achievement Accounts Receivable. Accounts Receivable means all Accounts and all right, title and interest in any returned goods, together with all rights, titles, securities and guarantees with respect thereto, including any rights to stoppage in transit, replevin, reclamation and resales, and all related security interests, liens and pledges, whether … braceville forest county paWebMay 29, 2009 · 5.3 Accounts Receivable. (a) For each Account with respect to which Advances are requested, on the date each Advance is requested and made, such Account shall be an Eligible Account. ... 5.12 Definition of “Knowledge ... “Eligible Accounts” means Accounts which arise in the ordinary course of Borrower’s business and which … braceville churchWebEligible 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. gyro east windsorWebEligible Account. Any of (i) an account or accounts maintained with a federal or state chartered depository institution or trust company the short - term unsecured debt … braceville christian churchWebEligible 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. gyro eastridge