Applicable Seller definition
Examples of Applicable Seller in a sentence
The Applicable Allocation Statement, as agreed upon by the Applicable Buyer and the Applicable Seller and/or determined under this Section 4.6(a), shall be final and binding upon the parties.
In the event that the Applicable Seller objects in writing within such 30-day period, the Applicable Buyer and the Applicable Seller shall negotiate in good faith to resolve the dispute.
Based on such reconciliation information provided by the Servicer to ▇▇▇▇▇ Fargo with respect to such Receivable resulting from such communications, (i) if such payment related to a Purchased Receivable, ▇▇▇▇▇ Fargo shall apply such payment to such Purchased Receivable, or (ii) if such payment related to a Receivable which is not a Purchased Receivable, ▇▇▇▇▇ Fargo shall promptly remit such payment to the Applicable Seller Account.
Each of the Applicable Buyer and the Applicable Seller shall bear all fees and costs incurred by it in connection with the determination of the Applicable Allocation Statement, except that the parties shall each pay one-half (50%) of the fees and expenses of such accounting firm.
The Companies acknowledge that this release shall apply to all unknown or unanticipated results of any action of any Applicable Seller, as well as those known and anticipated.