Foreign Subsidiary Receivables

Foreign Subsidiary Receivables. Shall mean (i) all accounts receivable of any Foreign Subsidiary arising out of sales of inventory by such Foreign Subsidiary to any Foreign Account Debtor, (ii) all Collections related to such account receivables (iii) all books and records and customer lists relating to any of such account receivables, and (iv) all trade acceptances, promissory notes, chattel paper and other instruments, and all supporting obligations and letter-of-credit rights, owed to or owned by such Foreign Subsidiary as... a result of or in connection with sales of inventory by such Foreign Subsidiary to any Foreign Account Debtor. For the avoidance of doubt, Foreign Subsidiary Receivables shall not include any Borrower Receivables. View More