Common use of Accounts Payable and Accounts Receivable Clause in Contracts

Accounts Payable and Accounts Receivable. Except in the ordinary course of business, take any action reasonably likely to (i) accelerate the payment of customer accounts receivable (including by shortening payment terms, providing incentives for early payment or otherwise), or (ii) delay the payment on accounts payable to suppliers, vendors or others;

Appears in 3 contracts

Samples: Purchase Agreement (Us Dry Cleaning Corp), Merger Agreement (Us Dry Cleaning Corp), Merger Agreement (Us Dry Cleaning Corp)

AutoNDA by SimpleDocs

Accounts Payable and Accounts Receivable. Except in the ordinary course of business, take Take any action reasonably likely to (i) accelerate the payment of customer accounts receivable receivables (including by shortening payment terms, providing incentives for early payment or otherwise), ) or (ii) delay the payment on accounts payable to suppliers, vendors or others;

Appears in 1 contract

Samples: Merger Agreement (PMC Sierra Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!