Affected Accounts definition
Examples of Affected Accounts in a sentence
Such arrangements, and all of Selling Parties' obligations under this section shall continue after the Closing until all Affected Accounts Receivable have been collected or have been compromised or written off with Buyer's consent.
Any paper delivery will be provided to you at the most current mailing address that we have on file for your Affected Accounts.
Except for the Affected Accounts and the Affected Agreements or as otherwise disclosed on Schedule 4.20, there has not been any Material Adverse Change in the business relationship between Seller and any principal disclosed on Schedule 4.20.
If and to the extent that any debtor under Affected Accounts Receivable refuses to make payment under the foregoing arrangements, Selling Parties agree to cooperate in, and execute and deliver any instruments or documents necessary to effect, any reasonable and lawful arrangement designated by Buyer and satisfactory to such debtor(s) for the collection of such Affected Accounts Receivable and transfer of the proceeds of the same to the Buyer.
Borrower shall not, and shall not permit any Provider to, terminate the Primary Borrower Account or any Provider Account, or make any change or replacement in the instructions contained in any invoice, notice or otherwise, or regarding payments with respect to Accounts (other than Affected Accounts) to be made to any Provider Account or the Primary Borrower Account, except with prior express written consent of the Administrative Agent.
Each of the Selling Parties to whom any Affected Accounts Receivable are owed shall establish or designate an account (the "Designated Accounts") at a bank reasonably acceptable to Buyer (the "Bank"), and at the Buyer's expense.
Each Provider covenants and agrees that, on and after the Closing Date, all invoices to be sent to Governmental Authorities (and, if provided by such Provider, return envelopes) shall set forth only the applicable Provider Account with respect to wire transfers for payment of Accounts (in each case, other than with respect to Affected Accounts).
All of the contracts listed on Schedule 4.12 and any contracts entered into after the Signing Date in accordance with Section 6.3, other than the Affected Accounts and the Affected Agreements, are valid and binding and in full force and effect, subject to Laws Affecting Creditors' Rights.
Notwithstanding anything to the contrary herein, the General Partner may subject any action, amendment or other matter requiring the vote or consent of the Limited Partners hereunder to a vote or consent of the Global Partners or the Affected Accounts thereof (by Majority-in-Interest or other applicable threshold as provided herein) to the extent the General Partner determines in good faith that the interests of the relevant Global Partners are aligned.
Notwithstanding the foregoing, the Relevant Existing Providers and the Released Guarantors may deposit and may cause to be deposited the proceeds of Affected Accounts, and only of Affected Accounts, into lockboxes or deposit accounts other than the Provider Accounts or the Primary Borrower Account.