Examples of Accounts Receivable Amount in a sentence
On the Closing Date, Purchaser shall pay the Cash Consideration and the Estimated Accounts Receivable Amount, as determined in accordance with Section 3.3, which amounts shall be paid by application of the Deposit and the balance by wire transfer of immediately available funds into an account or accounts as designated by Sellers.
No later than two (2) Business Days prior to the Closing Date, Sellers shall deliver to Purchaser a calculation of the Estimated Accounts Receivable Amount, including a summary spreadsheet of the components of the Estimated Accounts Receivable Amount in the format previously furnished to Purchaser, including a list of outstanding invoices.
SWBT will net the true-up amount from the Purchase of Accounts Receivable Amount due the Customer.