Permitted Receivables Financing definition: Copy, customize, and use instantly
Introduction
The term "Permitted Receivables Financing" refers to the financing of receivables under terms and conditions that are allowed within the framework of a contract or agreement. It is essential for establishing how receivables may be financed without violating the terms of existing contracts, ensuring compliance with specific limitations, and enabling the party to access liquidity from accounts receivable.
Below are various examples of how "Permitted Receivables Financing" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Permitted Receivables Financing" in the context of a loan agreement
This definition ties "Permitted Receivables Financing" to the financing of receivables as part of a loan agreement.
"Permitted Receivables Financing" means the financing of accounts receivable that complies with the terms of this agreement and is not prohibited under the terms of any related security agreement.
Definition of "Permitted Receivables Financing" in a revolving credit facility
This definition connects "Permitted Receivables Financing" to a revolving credit arrangement.
"Permitted Receivables Financing" refers to any arrangement where receivables may be sold or used as collateral in a manner consistent with the terms of this revolving credit facility agreement.
Definition of "Permitted Receivables Financing" in a securitization context
This definition links "Permitted Receivables Financing" to securitization transactions.
"Permitted Receivables Financing" means the sale or assignment of receivables to a special purpose vehicle or investor in accordance with the rules outlined in the securitization agreement.
Definition of "Permitted Receivables Financing" in the context of a secured lending agreement
This definition applies "Permitted Receivables Financing" to secured lending.
"Permitted Receivables Financing" refers to the financing of receivables where the receivables are pledged as security under the terms of this secured lending agreement.
Definition of "Permitted Receivables Financing" in an asset-based lending agreement
This definition connects "Permitted Receivables Financing" to asset-based lending.
"Permitted Receivables Financing" means the use of receivables as collateral for loans provided under an asset-based lending agreement, as long as the financing does not exceed the borrowing base.
Definition of "Permitted Receivables Financing" in the context of a factoring arrangement
This definition ties "Permitted Receivables Financing" to factoring.
"Permitted Receivables Financing" refers to the financing of receivables through factoring arrangements, where receivables are sold at a discount to a factor in exchange for immediate liquidity.
Definition of "Permitted Receivables Financing" in the context of trade receivables
This definition applies "Permitted Receivables Financing" to trade receivables specifically.
"Permitted Receivables Financing" means the financing of trade receivables in accordance with the terms of the contract, including factoring or discounting receivables from the sale of goods or services.
Definition of "Permitted Receivables Financing" in the context of a cash flow-based loan agreement
This definition links "Permitted Receivables Financing" to loans based on cash flow.
"Permitted Receivables Financing" refers to financing arrangements based on the cash flow generated from accounts receivable, where the receivables may be sold or pledged to secure the loan.
Definition of "Permitted Receivables Financing" in a commercial paper program
This definition connects "Permitted Receivables Financing" to commercial paper programs.
"Permitted Receivables Financing" means the sale of receivables or the issuance of receivables-backed commercial paper, structured in compliance with the terms of the commercial paper program.
Definition of "Permitted Receivables Financing" in the context of a debt agreement
This definition applies "Permitted Receivables Financing" to a general debt agreement.
"Permitted Receivables Financing" refers to the financing of accounts receivable in a manner that complies with the restrictions and allowances detailed in the debt agreement.
Definition of "Permitted Receivables Financing" in an invoice discounting context
This definition links "Permitted Receivables Financing" to invoice discounting arrangements.
"Permitted Receivables Financing" means the financing of accounts receivable through invoice discounting, where receivables are sold at a discounted value for immediate cash.
Definition of "Permitted Receivables Financing" in the context of a supply chain finance program
This definition ties "Permitted Receivables Financing" to supply chain finance.
"Permitted Receivables Financing" refers to the financing of receivables through a supply chain finance arrangement, where suppliers receive payment in advance through a third-party financer.
Definition of "Permitted Receivables Financing" in a collateralized loan agreement
This definition applies "Permitted Receivables Financing" to a collateralized loan.
"Permitted Receivables Financing" means the use of receivables as collateral to secure a loan, provided such financing adheres to the restrictions outlined in the collateralized loan agreement.
Definition of "Permitted Receivables Financing" in the context of a receivables purchase agreement
This definition connects "Permitted Receivables Financing" to a receivables purchase agreement.
"Permitted Receivables Financing" refers to the sale or transfer of receivables under a receivables purchase agreement, with the provision that such transfers comply with the terms and conditions set forth in the agreement.
Definition of "Permitted Receivables Financing" in the context of a credit facility agreement
This definition ties "Permitted Receivables Financing" to a general credit facility.
"Permitted Receivables Financing" refers to the process by which a business may secure financing by pledging or transferring receivables under the terms of the credit facility agreement.
Definition of "Permitted Receivables Financing" in the context of an invoice factoring agreement
This definition links "Permitted Receivables Financing" to an invoice factoring arrangement.
"Permitted Receivables Financing" means the sale of invoices or receivables to a third party at a discounted rate in accordance with the invoice factoring agreement.
Definition of "Permitted Receivables Financing" in a lease financing arrangement
This definition applies "Permitted Receivables Financing" to lease financing.
"Permitted Receivables Financing" refers to the use of receivables from lease payments to secure financing, where the terms of the lease allow such financing arrangements.
Definition of "Permitted Receivables Financing" in a working capital loan
This definition connects "Permitted Receivables Financing" to working capital loans.
"Permitted Receivables Financing" means the financing of receivables that are included as part of a working capital loan agreement, ensuring the receivables do not exceed the working capital limit.
Definition of "Permitted Receivables Financing" in the context of a financial institution
This definition links "Permitted Receivables Financing" to transactions involving financial institutions.
"Permitted Receivables Financing" refers to financing arrangements where receivables are pledged or transferred to a financial institution in compliance with the terms of the financing agreement.
Definition of "Permitted Receivables Financing" in an equity financing context
This definition ties "Permitted Receivables Financing" to equity financing arrangements.
"Permitted Receivables Financing" refers to the use of receivables as a source of capital under an equity financing arrangement, where receivables may be sold or pledged as part of the equity deal.
Definition of "Permitted Receivables Financing" in a payment terms agreement
This definition applies "Permitted Receivables Financing" to payment term arrangements.
"Permitted Receivables Financing" means the financing of receivables based on agreed payment terms between the seller and the buyer, ensuring compliance with the terms of the payment agreement.
Definition of "Permitted Receivables Financing" in a credit insurance context
This definition connects "Permitted Receivables Financing" to credit insurance.
"Permitted Receivables Financing" refers to financing transactions involving receivables, where credit insurance covers the risk of non-payment, subject to the terms of the credit insurance policy.
Definition of "Permitted Receivables Financing" in a loan facility agreement
This definition ties "Permitted Receivables Financing" to loan facilities.
"Permitted Receivables Financing" refers to financing under a loan facility agreement, where receivables are used as collateral or assigned to meet the obligations of the facility.
Definition of "Permitted Receivables Financing" in the context of an export receivables facility
This definition links "Permitted Receivables Financing" to an export receivables facility.
"Permitted Receivables Financing" means the financing of export receivables, where receivables from international sales are used as collateral or sold to secure financing under the export facility terms.
Definition of "Permitted Receivables Financing" in the context of a short-term financing arrangement
This definition connects "Permitted Receivables Financing" to short-term financing.
"Permitted Receivables Financing" refers to the short-term financing of receivables that meets the conditions set forth in the short-term financing agreement.
Definition of "Permitted Receivables Financing" in a commercial credit line
This definition ties "Permitted Receivables Financing" to commercial credit lines.
"Permitted Receivables Financing" means the sale, assignment, or pledge of receivables as security for a commercial credit line, subject to the limits and conditions outlined in the agreement
Definition of "Permitted Receivables Financing" in a joint venture agreement
This definition applies "Permitted Receivables Financing" to joint ventures.
"Permitted Receivables Financing" refers to the financing of receivables by a joint venture, where the receivables are used as collateral or sold to generate working capital.
Definition of "Permitted Receivables Financing" in a merger and acquisition agreement
This definition links "Permitted Receivables Financing" to mergers and acquisitions.
"Permitted Receivables Financing" means the financing of receivables in connection with the merger or acquisition of a company, where the receivables are considered part of the assets being financed.
Definition of "Permitted Receivables Financing" in the context of a business acquisition financing
This definition connects "Permitted Receivables Financing" to acquisition financing.
"Permitted Receivables Financing" refers to the use of receivables as part of the financing structure for the acquisition of a business, ensuring compliance with the terms of the acquisition agreement.
Definition of "Permitted Receivables Financing" in a warehouse lending agreement
This definition ties "Permitted Receivables Financing" to warehouse lending.
"Permitted Receivables Financing" means the financing of receivables under a warehouse lending agreement, where receivables serve as collateral for the loan.
Definition of "Permitted Receivables Financing" in a collateral management agreement
This definition applies "Permitted Receivables Financing" to collateral management.
"Permitted Receivables Financing" refers to the process of managing and financing receivables as part of a collateral management agreement, where the receivables are treated as collateral.
Definition of "Permitted Receivables Financing" in a credit card receivables context
This definition connects "Permitted Receivables Financing" to credit card receivables.
"Permitted Receivables Financing" means the financing of credit card receivables in compliance with the terms of the relevant financing agreement.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.