Define: Account Debtor
What does "Account Debtor" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.
Definition 1 (CrowdStrike Holdings, Inc., seen in 1 filing)
Account Debtor means any Person who may become obligated to any Person under, with respect to, or on account of, an Account, chattel paper or general intangibles (including a payment intangible). Unless otherwise stated, the term Account Debtor, when used herein, shall mean an Account Debtor in respect of an Account of the Borrower.
Source: CrowdStrike Holdings, Inc. S-1
Definition 2 (AXON ENTERPRISE, INC., seen in 1 filing)
Account Debtor means any Person obligated on an Account.
Source: AXON ENTERPRISE, INC. 8-K
Data extracted from 3 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.