Assigned Accounts Receivable definition
Examples of Assigned Accounts Receivable in a sentence
The Buyer shall have the sole right to collect and retain all such Assigned Accounts Receivable.
Buyer shall have the sole right to collect and retain all such Assigned Accounts Receivable.
If any Assigned Accounts Receivable are paid to the Seller after the Closing, the Seller shall pay to the Buyer the amounts received by the Seller within 10 days after receipt of such amounts without any commission or deduction for the Seller.
All Assigned Accounts Receivable represent sales actually made in the ordinary and normal course of business.
The Assigned Accounts Receivable are bonafide, valid and have arisen out of sales, services and transactions in the ordinary course of business consistent with past practice and have not and are not subject to any unusual credits, discounts, rebates or offsets, and to the Seller’s Knowledge, no account debtor has threatened or refused to pay, threatened offset, or threatened bankruptcy with respect to such debt.