Accounts Receivable Adjustment definition

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

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

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

Examples of Accounts Receivable Adjustment in a sentence

• Inc.’s Motion to Enforce Provisions of the Asset Purchase Agreement Pertaining to Accounts Receivable Adjustment [Doc.

• 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.

• In the event that Purchaser does not provide such a notice of disagreement within such twenty (20) day period (as may be so extended), Purchaser shall be deemed to have accepted the calculation of Closing Date Qualified Accounts Receivable and Assumed Accrued Liabilities delivered by Seller, which shall be final, binding and conclusive on the Parties for the purposes of determining the Accounts Receivable Adjustment Amount and the Liabilities Adjustment Amount.

• Promptly following the Accounts Receivable Adjustment Date, Buyer shall determine whether and the extent to which payment of any of the Accounts Receivable has been actually received by Buyer, and shall furnish to Seller an accounting of all unpaid Accounts Receivable, showing the amount of each such Account Receivable that remains unpaid as of the Accounts Receivable Adjustment Date.

• 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 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.

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.

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

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 has the meaning specified in Section 3.13(d).

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