Eligible accounts receivable definitions
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. WebOne of a series of specialized lending booklets of the Comptroller’s Handbook, “Accounts Receivable and Inventory Financing” supplements the general guidance in the “Loan Portfolio Management” and “Commercial Lending” booklets. Overview ARIF is the most fundamental form of “collateral-based” commercial lending.
Eligible accounts receivable definitions
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WebDefine Retention Receivable. means an Account Receivable which constitutes retention billing and otherwise satisfies the conditions for being an Eligible Account, except that the reference in subparagraph (a) of the definition thereof to one hundred twenty (120) days shall for purposes hereof be one hundred eighty (180) days, and which such Account … WebThe Accounts Receivable Specialist will be providing support to external and internal customers with accurate Billings, Commercial Collections, Customer, PO Processing, Customer Service support with a very detailed, proactive, professional personality. ... Full-time employees eligible for Medical, Dental, Vision, Basic Life, AD&D and Short-Term ...
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 … WebFeb 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 …
WebJun 1, 2024 · Accounts receivable refers to money due to a seller from buyers who have not yet paid for their purchases. The amounts owed are stated on invoices that are issued to buyers by the seller. The issuance of an invoice implies that the seller has granted credit to … 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.
Webdefinition. Ineligible Accounts Receivables means those accounts receivable of the Company that the Company and Buyer mutually determine to be uncollectible as …
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 … luxury country house hotels surreyWebLease Receivables means the present and future lease rentals /rent / fees/ compensation, by which ever name called due to the Borrower under the Lease Agreement entered into between the Borrower and the Lessee. Sample 1 Sample 2. Based on 2 … king industrial scroll sawWebEligible Accounts means those Accounts that arise in the ordinary course of Borrower’s business that comply with all of Borrower ’s representations and warranties to Bank set … luxury country house hotels lincolnshireWebRelated 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 … luxury country hotel ukWebEligible 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. king industries alumiconnWebWork through book of AR and develop plan for maintaining proper coverage on all accounts. Review aged accounts, trace and appeal unpaid and/or erroneously paid or denied accounts ; Work all denials and underpayments received within 24 hours by researching steps previously taken and take additional action, as needed to resolve the … luxury country house hotels sussexWeb2.2 Section 13 (Eligible Accounts Definition). Section 13 is amended by replacing clause (i) of the definition of “Eligible Accounts” with the following: (i) Accounts owing from an Account Debtor which is a United States government entity or any department, agency, or instrumentality thereof in an aggregate amount in excess of $2,000,000 ... luxury country house hotels near edinburgh