Advance Receipts definition

Advance Receipts means all amounts, including guest receipts, received by or on behalf of the Seller on or before the Completion Date so far as the same relate exclusively to anything (including any service) to be provided by the Buyer under any of the Transferring Contracts or otherwise in connection with the carrying on of the Business in its ordinary course after the Completion Date;

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Advance Receipts means all amounts received (whether by deposit, pre-payment or otherwise) by or on behalf of the Seller on or before the Completion Date so far as the same relate to anything (including any service) to be provided by the Purchaser under any of the Business Contracts or otherwise in connection with the carrying on of the Business in the ordinary course after the Completion Date;

Advance Receipts all sums received by or on behalf of the Seller prior to the Completion Date in respect of the Business but relating or attributable to or paid in respect of any period on or after the Completion Date;

Examples of Advance Receipts in a sentence

• You also agree to be bound by any and all Advance Receipts that may be provided and understand that by endorsing any advance proceeds check, or by otherwise accepting, using or accessing your advance proceeds, you are bound to the aforementioned documents.

• To the extent that such Advance Receipts are not included or provided for in the Completion Statement the Advance Receipts shall belong to the Purchaser and immediately upon demand the Seller shall pay to the Purchaser the full amount of the Advance Receipts together with interest on that amount at the rate of 3% per annum above the base rate of Barclays Bank plc from time to time in force computed from Completion down to the date of payment.

• You agree to be bound by all Advance Receipts or similar documents and the Truth- in-Lending Statements, and understand that by endorsing any advance proceeds check, or by otherwise accepting, using or accessing your advance proceeds, you are bound to the aforementioned documents.

• For purposes of this Agreement, the terms used in this Agreement as defined terms which are not herein defined shall have the meaning ascribed to such terms in the Lease.

More Definitions of Advance Receipts

Advance Receipts means, in respect of each Vendor, payments received by the Vendor to the extent they relate to or are in respect of goods or services supplied or to be supplied by that Vendor's Business after the Completion Date and all other payments received by the Vendor in respect of the Vendor's Business to the extent that the burden resulting from such receipt is borne or is to be borne by the Business after the Completion Date.

Advance Receipts means all sums received by or on behalf of BGL prior to the Completion Date, in respect of the UK Business and relating or attributable to or paid in respect of any period after the Completion Date, but excluding sums received by or on behalf of BGL that relate or are attributable to the Retained Business or any Liabilities that are to be retained by BGL;

Advance Receipts. If you take an advance under this Line, you may receive an Advance Receipt or similar document confirming the transaction and describing any collateral given as security for that

Advance Receipts means all amounts received (whether by deposit, pre-payment or otherwise) by or on behalf of the Authority on or before the Effective Time so far as the same relate to anything (including any service) to be provided by the Buyer under any of the Contracts or otherwise in connection with the carrying on of the Business after the Effective Time; “Assets” means the property, rights and assets of the Authority that comprise the Business (other than the Excluded Assets) as set out in Part B of Schedule 6.1 of this agreement; “Book Debts” means all trade and other debts and amounts owing to the Authority at the Effective Time in respect of the Business (whether or not invoiced); "Business" means the business of providing education and skill services to both the Authority and third party customers and of providing the catering services to schools carried on by the Authority at the Effective Time; "Business Information" means all information, know-how and techniques (whether or not confidential and in whatever form held) which in any way relate, wholly or partly, to the Business; "Business Intellectual Property Rights" means Intellectual Property Rights owned, used or held for use by the Authority in, or in connection with, the Business;