Certain Current Assets. 2.4.1. All accounts receivable (including intercompany receivables) and prepaid expenses relating primarily to the Company Business as of the Transformation Date. 2.4.2. An intercompany account (the "Intercompany Account") to be -------------------- maintained and administered by CSI as provided in the Shared Services Agreement with a balance equal to the Intercompany Amount as finally determined pursuant to Section 8.5, such Intercompany Account representing an amount (as adjusted from time to time for receivables collected and payables paid and other appropriate credits and debits) which is payable on demand by CSI to the Company in cash.
Appears in 3 contracts
Samples: Asset Contribution Agreement (Aprisma Management Technologies Inc), Asset Contribution Agreement (Cabletron Systems Inc), Asset Contribution Agreement (Cabletron Systems Inc)
Certain Current Assets. 2.4.1. All accounts receivable (including intercompany receivables) and prepaid expenses relating primarily to the Company Business as of the Transformation Date.
2.4.2. An intercompany account (the "Intercompany Account") to be -------------------- maintained and administered by CSI as provided in the Shared Services Agreement with a balance equal to the Intercompany Amount as finally determined pursuant to Section 8.5, such Intercompany Account representing an amount (as adjusted from time to time for receivables collected and payables paid and other appropriate credits and debits) which is payable on demand by CSI to the Company in cash.
Appears in 1 contract
Samples: Asset Contribution Agreement (Riverstone Networks Inc)
Certain Current Assets. 2.4.1. All accounts receivable (including intercompany receivables) and prepaid expenses relating primarily to the Company Business as of the Transformation Date.
2.4.2. An intercompany account (the "Intercompany Account") -------------------- to be -------------------- maintained and administered by CSI as provided in the Shared Services Agreement with a balance equal to the Intercompany Amount as finally determined pursuant to Section 8.5, such Intercompany Account representing an amount (as adjusted from time to time for receivables collected and payables paid and other appropriate credits and debits) which is payable on demand by CSI to the Company in cash.
Appears in 1 contract
Samples: Asset Contribution Agreement (Cabletron Systems Inc)
Certain Current Assets. 2.4.1. All accounts receivable (including intercompany receivables) and prepaid expenses relating primarily to the Company Business as of the Transformation Date.
2.4.2. An intercompany account (the "Intercompany Account") to -------------------- be -------------------- maintained and administered by CSI as provided in the Shared Services Agreement with a balance equal to the Intercompany Amount as finally determined pursuant to Section 8.5, such Intercompany Account representing an amount (as adjusted from time to time for receivables collected and payables paid and other appropriate credits and debits) which is payable on demand by CSI to the Company in cash.
Appears in 1 contract
Samples: Asset Contribution Agreement (Cabletron Systems Inc)