Assignment of Accounts Receivable. If Vendor assigns payments to an assignee/factor, Vendor understands and agrees that Vendor and the assignee/factor will be required to sign Dealer's standard acknowledgment form to assure Dealer that the assignee/factor understands the rights and obligations being assigned, including the right of Dealer to make offsets.
Assignment of Accounts Receivable. If Manufacturer assigns payments to an assignee/factor, Manufacturer understands and agrees that Manufacturer and the assignee/factor shall be required to sign PDI’s standard acknowledgment form to assure PDI that the assignee/factor understands the rights and obligations being assigned, including the right of PDI to make offsets.
Assignment of Accounts Receivable. Client hereby sells, transfers and assigns to A/R Funding as absolute owner, and A/R Funding hereby purchases and accepts from Client, except as set forth hereafter, certain accounts receivable now or hereafter created by Client's sales or services to customers acceptable to and approved by A/R Funding and represented by Client to be bona fide existing obligations of its customers arising out of and acquired by it in its ordinary course of its business, which receivables are or will be due and owing to Client without defense, offset or counterclaim.
Assignment of Accounts Receivable. This ASSIGNMENT OF ACCOUNTS RECEIVABLE (this “Assignment”) is executed, delivered, and made effective as of December [31], 2023 (the “Effective Date”), by EQUIPMENT TRANSPORT LLC, a Pennsylvania limited liability company (“Assignor”), to PILOT OFS HOLDINGS LLC, a Delaware limited liability company (“Assignee”), pursuant to that certain Purchase and Sale Agreement of even date herewith by and between Assignee and Meridian Equipment Leasing LLC, as Purchaser thereunder (“Meridian” and the “Purchase Agreement”, respectively), reference to which is hereby made for all purposes. Capitalized terms used but not defined herein shall have the meanings set forth in the Purchase Agreement.
Assignment of Accounts Receivable. 1. Applicant shall, through DEGICA, make a claim to the Credit Card Company for Applicant’s Credit Sale Payments in the manner prescribed by the Credit Card Company using DEGICA’s prescribed sales data, and by closing as of the arrival of notice to the Credit Card Company for each cut-off date separately designated by the Credit Card Company, an assignment of claims shall have been executed from Applicant to the Credit Card Company on that cut-off date.
Assignment of Accounts Receivable. All accounts receivable of Debtor assigned to Secured Party including current accounts receivable and all future accounts receivable. Debtor will note the fact of all such assignments of accounts receivable on its records and books of accounts, all of which books and records shall be maintained by Debtor within the state of Tennessee while this agreement is in effect. On receipt, Debtor will negotiate and deliver to Secured Party any and all checks, drafts, cash remittances and other proceeds that may be received by Debtor in partial or full payment of any of the accounts. All such proceeds, while in the hands of Debtor, shall be held on express trust for the benefit of Secured Party. All proceeds of accounts receivable received by Debtor or Secured Party shall be deposited in a collateral account maintained by Secured Party in the name of Debtor and shall be held by Secured Party as collateral security to any and all indebtedness of Debtor to Secured Party. Debtor will have no right to draw against funds on deposit in the collateral account; provided, however, that unless one or more of the events set forth in Section Ten of this agreement has occurred, Secured Party will at Debtor's request, transfer to Debtor's general bank account all or any portion of the balance of the collateral account not required to support loans then outstanding under the borrowing base formula. Secured Party may from time to time at its sole discretion apply any part of the credit balance in the collateral account to the payment of any of the indebtedness of Debtor to Secured Party whether or not such indebtedness be then due. SECTION EIGHT
Assignment of Accounts Receivable. An Assignment of Accounts Receivable from the Head Lessee to and in favour of the Purchaser in accordance with Section 9.2.3 hereof.
Assignment of Accounts Receivable. As partial consideration for the Liquidated Payment, Releasors hereby assign to Eastern all of their right, title and interest in and to the accounts receivable generated from the sleep diagnostic testing and other operations of Releasors prior to the Effective Date.
Assignment of Accounts Receivable. At the Closing Time, the Vendor and SoftQuad shall cause Alpha Software Corporation to execute and deliver an assignment in favour of the Purchaser of all of Alpha Software Corporation's accounts receivable owing from Xxxxxx Micro Inc. derived from the sale of HoTMetaL software.
Assignment of Accounts Receivable. CYNET agrees to assign, and AECsoft agrees to accept, all accounts receivable related to the Contracts as of January 5, 2001 as indicated in Exhibit "C." Such accounts receivable shall include any and all past due amounts, as well as any future revenue to be derived from the Contracts. In connection with the assignment such accounts receivable, AECsoft will retain no current or future revenue obligations to CYNET. Moreover, AECsoft may directly xxxx former CYNET clients for any and all client-approved maintenance, modifications and creations, which CYNET did not xxxx prior to the signing of this Agreement.
