Acquired Accounts definition

Acquired Accounts means Accounts owing to a Person that becomes a Borrower Party after the Fourth Restatement Effective Date or acquired in a Permitted Acquisition or any other acquisition; provided, however, that such Accounts shall cease to be Acquired Accounts upon the Administrative Agent’s receipt or completion of (a) a field audit of such Accounts and (b) such other customary due diligence as the Administrative Agent may reasonably require, all of the results of the foregoing to be reasonably satisfactory to the Administrative Agent.
Acquired Accounts means Accounts owing to a Person that becomes a Borrower Party after the Fifth Restatement Effective Date (or, in the case of the Core-Mark Acquired Companies, on the Fifth Restatement Effective Date) or acquired in a Permitted Acquisition or any other acquisition; provided, however, that such Accounts shall cease to be Acquired Accounts upon the Administrative Agent’s receipt or completion of (a) a field audit of such Accounts and (b) such other customary due diligence as the Administrative Agent may reasonably require, all of the results of the foregoing to be reasonably satisfactory to the Administrative Agent.
Acquired Accounts means the customers of APL-DDS listed on Schedule A to this Agreement, which includes the Retained Business.

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.

  • The magnetization along the hard axis has not reached saturation in an external field of 1 T as shown in the green curve of figure 6.

  • 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".


More Definitions of Acquired Accounts

Acquired Accounts means all Customer Accounts that meet the following criteria as of the Closing Date: (a) the Customer Account is open and (b) the Customer Account is not an Excluded Asset.
Acquired Accounts means Accounts owing to a Person that becomes a Borrower Party after the Fifth Restatement Effective Date (or, in the case of the Core-Xxxx Acquired Companies, on the Fifth Restatement Effective Date) or acquired in a Permitted Acquisition or any other acquisition; provided, however, that such Accounts shall cease to be Acquired Accounts upon the Administrative Agent’s receipt or completion of (a) a field audit of such Accounts and (b) such other customary due diligence as the Administrative Agent may reasonably require, all of the results of the foregoing to be reasonably satisfactory to the Administrative Agent.
Acquired Accounts shall have the meaning ascribed thereto in Section 2.1(n).
Acquired Accounts number of AOL accounts acquired during each year of the PERFORMANCE PERIOD, as determined with basis on the PROMOCODES, the holders of which make payment of the first two (2) successive monthly fees;
Acquired Accounts the BSD Accounts that the Borrower acquired from BSD as the result of the merger described in the Merger Documents immediately following the closing under the Daisytek Stock Purchase Agreement.
Acquired Accounts has the meaning assigned to such term in the definition ofEligible Accounts”.
Acquired Accounts means the following bank accounts of Seller: Account ending in 0279 at Business First Bank.