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. 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. Subcontractor may not assign its accounts receivable due from Contractor hereunder or any other monies otherwise due from Contractor to any third-party, factoring company or otherwise, without first obtaining Contractor’s written consent to such assignment. Such written consent shall only be valid if it is provided by a service line or division president of Contractor and shall only be provided by Contractor if legitimate business reasons justify providing the same. Under any circumstances arising from the assignments contemplated in this paragraph, including those in which Contractor consents to such an assignment, Subcontractor will indemnify, defend and hold harmless Contractor and Owner and their respective officers, directors, stockholders, affiliates, employees, agents, subcontractors, independent contractors and other representatives (collectively, the __________________________ SUBCONTRACTOR INITIALS "Assignment Indemnitees") from and against all claims, damages, liabilities, losses, penalties, injuries, and expenses (including attorneys' and paralegal fees and court costs and including penalties and interest) incurred or suffered, directly or indirectly (including consequential, punitive and other special damages) (collectively, “Damages”), by the Assignment Indemnitees and arising out of or resulting from, directly or indirectly, the assignment contemplated in this paragraph. The text of this paragraph 35 is in addition to and does not limit any similar language contained elsewhere in this Agreement.
Assignment of Accounts Receivable. The account(s) receivable as set forth herein shall the amount of US$ 6,397,508.39 currently owed to Capstone by BPC.
Assignment of Accounts Receivable. If, and to the extent that, the Surviving Corporation is unable, using reasonable diligent efforts, to collect all of the accounts receivable of the Company reflected in the Company Balance Sheet within 120 days after the Closing Date (net of any allowance for bad debts reflected on the Company Balance Sheet), and inTEST successfully asserts under Sections 14 and 15 hereof a claim for indemnification relating thereto and inTEST, Newsub or the Company receives payment therefor, inTEST shall cause the Surviving Corporation promptly to assign to Xxxxx all of the Surviving Corporation's right, title and interest in and to those uncollected accounts receivable that made up the basis of such indemnification claim. Thereafter, if inTEST or the Surviving Corporation receive any payments on such uncollected accounts receivable, inTEST or the Surviving Corporation, as the case may be, shall promptly pay to Xxxxx any such amounts received by them.
Assignment of Accounts Receivable. Within 90 days after the Closing Date, Parent may elect to assign to Shareholders any accounts receivable that were part of the calculation of Current Assets (as determined in accordance with Section 1.4) and which remain uncollected for 60 days or more, and Shareholders shall purchase such accounts receivable from Parent, without recourse, for cash in the amount of the uncollected face amount thereof.
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. Effective as of the Due Diligence Deadline, Company hereby assigns (or reassigns, as the case may be), exclusively to Manager all accounts receivable of DataMed, and all claims, demands and rights of Company to charge, xxxx and collect from third parties for services and supplies rendered by DataMed. Company agrees to execute any and all documents necessary to secure and perfect Manager's interest in such accounts receivable and revenue, and agrees to cooperate with Manager in any reasonable manner to effectuate an efficient billing process and to obtain maximum allowable collection consistent with the services provided. All payments received by DataMed directly, shall be promptly delivered to Manager. Company further agrees and hereby appoints Manager, for the term hereof, to be its true and lawful attorney-in-fact for purposes of (a) billing and collecting in the name of DataMed; and (b) receiving, taking possession of and endorsing in the name of DataMed any notes, checks, money orders, insurance payments and other instruments received in payment of accounts receivable.
