Common use of Accounts to be Sold Clause in Contracts

Accounts to be Sold. 1. Seller agrees to sell, and Purchaser agrees to purchase open Accounts and closed Accounts with a balance, as they exist as of the Seller’s close of business on the Closing Date (separately and collectively, the “Accounts to be Sold”). Accounts to be Sold shall not include any Ineligible Account as defined in Section II.A.2. below.

Appears in 4 contracts

Samples: Credit Card Account Purchase Agreement, Credit Card Account Purchase Agreement (Columbia Bancorp \Or\), Credit Card Account Purchase Agreement (Fulton Financial Corp)

AutoNDA by SimpleDocs

Accounts to be Sold. 1. Seller agrees to sell, and Purchaser agrees to purchase open Accounts and closed Accounts with a balance, as they exist as of the Seller’s close of business on the Closing Date (separately and collectively, the "Accounts to be Sold"). Accounts to be Sold shall not include any Ineligible Account as defined in Section II.A.2. below.

Appears in 1 contract

Samples: Credit Card Account Purchase Agreement (Bar Harbor Bankshares)

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