Accounts Receivable Adjustment definition

Accounts Receivable Adjustment has the meaning set forth in Section 2.1(a).

Accounts Receivable Adjustment has the meaning set forth in Section 8.1 below.

Accounts Receivable Adjustment means (a) the difference between the Deferred Tuition Balance per the QA1 and the Student Receivable Balance per the QA1, plus (b) the Title IV Reimbursement Receivable, as of the Closing Date as determined pursuant to Section 2.2 in accordance with Schedule 2.2.

Examples of Accounts Receivable Adjustment in a sentence

• In the event of any such Accounts Receivable Adjustment, delinquent Accounts Receivable in the principal amount equal to such Accounts Receivable Adjustment (as mutually selected by the Purchaser and the Seller) shall be reassigned to the Seller.

• The Warrant Agent will not be required to give any bond or security in respect of the execution of the trusts and powers on this Indenture or otherwise in respect of the premises.

• Following the Accounts Receivable Adjustment Date, any uncollected Accounts Receivable shall thereafter be collected and retained by the Seller.

• A/R Transfer Adjustments between invoices on the same account or to transfer amounts between different accounts (within the same branch) requires the completion of the Accounts Receivable Adjustment Form, as a record and a source of reconstruction in the event of down-time.

• Buyer shall make reasonable efforts to collect all accounts receivable (not net of reserves) appearing on the Closing Balance Sheet (the "Accounts Receivable") by the end of the third full calendar month following the Closing (the "Accounts Receivable Adjustment Date").

More Definitions of Accounts Receivable Adjustment

Accounts Receivable Adjustment has the meaning ascribed thereto in Section 2.07.

Accounts Receivable Adjustment has the meaning set forth in Section 6.10(b).

Accounts Receivable Adjustment shall be the difference between the actual balance of all accounts receivable at the Closing Date and $5,500,000. If such difference is positive, such difference shall be added to the amount specified in Section 2.2(a); if such difference is negative, such difference shall be subtracted from the amount specified in Section 2.2(a).

Accounts Receivable Adjustment shall have the meaning as set forth in Section 2.3(d).

Accounts Receivable Adjustment means the amount, if any, by which all of the Corporation's accounts receivable at the Time of Closing that are in excess of 90 days outstanding exceeds the reserve for doubtful accounts in the Corporation's Financial Statements. For greater certainty, where an amount is due to the Corporation from a customer, only the portion of that amount that is more than 90 days outstanding is to be used in calculating the amount, if any, by which all of the Corporation's accounts receivable at the Time of Closing are in excess of 90 days outstanding, and no inclusion shall be made for the portion of that amount which is outstanding for 90 days or less;

Accounts Receivable Adjustment has the meaning set forth in Section 5.05 of this Agreement.

Accounts Receivable Adjustment means the increase in net Accounts Receivable in the Closing Date Working Capital to reflect additions that are not otherwise recognized by ADC under the Accounting Policies as an Account Receivable with respect to bona fide invoices (i) that have been issued to customers of the Billing Software Business, (ii) that ADC reasonably expects to be collected, and (iii) which are not treated as deferred revenue under the Accounting Policies but, for purposes of this Agreement, will be treated as deferred revenue pursuant to the Deferred Revenue Adjustment.