Examples of Acquired Receivables in a sentence
If and to the extent that Seller shall, from and after the Closing, receive payment of any Acquired Receivables, Seller shall be deemed to have received such payment in trust for the benefit of Buyer, and Seller shall turn over to Buyer any payments so received in the form received (subject to any necessary endorsement) no later than five (5) Business Days following such receipt.
Reserves applicable to the Domestic Borrowing Base as determined by the Administrative Agent in its reasonable credit judgment.Notwithstanding the foregoing, the aggregate maximum amount of Eligible Acquired Receivables, Eligible Acquired Inventory and Eligible Acquired Equipment that may be included in the Domestic Borrowing Base pursuant to clauses (d),(f) and (h) after giving effect to each respective advance rate set forth therein shall not exceed ten percent (10%) of the Domestic Borrowing Base.
The record of the hearing shall be open to public inspection, and copies thereof shall be made available to a person upon payment of the actual cost of reproducing the original, except as otherwise provided in district regulations.
After the transfer and absolute assignment, the Servicer will mark its receivables systems to indicate that the receivables are no longer Receivables and may take any action necessary or advisable to transfer and absolutely assign the Acquired Receivables, free from any Lien of the Depositor, the Issuer or the Indenture Trustee.
The following table presents the allocation of the aggregate purchase price based on estimated fair values: (in millions)Assets Acquired: Receivables$ 166Receivables with U.