Examples of Acquired Accounts in a sentence
Calculation of Interest Revenue from Acquired Accounts Receivable As described in Note 4 to the accompanying financial statements, interest revenue from acquired accounts receivable consists of small amounts from a large number of debtors; interest revenue is recognized throughout the periods of individual receivable acquisition contracts using effective interest rates.
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In the event IBM Credit determines in its sole discretion to modify the Advance Rate pertaining to a particular Concentration Account, or eliminate Concentration Accounts in calculating Borrower's Borrowing Base, IBM Credit will provide written notification to Borrower of the modified Advance Rate (or such elimination) to be applied to Accounts and Acquired Accounts arising from invoices dated one Business Day after the date of such notification.
Each of Borrower and PFS further agrees that it shall not deposit or permit any deposits of funds other than remittances paid in respect of the Accounts and the Acquired Accounts into the Special Account(s) or permit any commingling of funds with such remittances in any Lockbox or Special Account.
The aggregate of all Acquired Accounts that are not ineligible Acquired Accounts shall hereinafter be referred to as "Eligible Acquired Accounts".