Assigned Accounts Receivable definition

Assigned Accounts Receivable shall have the meaning assigned thereto in subsection 10.3(b)(i).
Assigned Accounts Receivable means North American trade accounts receivable that are current and not in dispute relating to the Specified CDMA Contracts, in the aggregate amount of $5,000,000, net of any allowance for doubtful accounts computed in accordance with the Nortel Accounting Principles consistent with historical practice.
Assigned Accounts Receivable means all of the Seller’s accounts receivable that are not Excluded Accounts Receivable.

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.


More Definitions of Assigned Accounts Receivable

Assigned Accounts Receivable is hereby deleted in its entirety.
Assigned Accounts Receivable shall have the meaning assigned thereto in subsection l 0.3(b)(i). "Assignment of Contracts and Leases" shall have the meaning assigned thereto in subsection 6.1(a)(i).
Assigned Accounts Receivable shall have the meaning assigned thereto in Section 10.6(b). “Assignment and Assumption of Contracts” shall have the meaning assigned thereto in Section 6.1(a)(i). “Assignment of Club Membership Arrangements” shall have the meaning assigned thereto in Section 6.1(a)(iii). “Assignment of Licenses, Permits, Warranties and General Intangibles” shall have the meaning assigned thereto in Section 6.1(a)(ii). “Assignment of Property IP” shall have the meaning assigned thereto in Section 6.1(a)(iv). “Assumed Contracts” shall have the meaning assigned thereto in Section 4.2(a). “Basket Limitation” shall mean an amount equal to Two Hundred Thousand and No/100 Dollars ($200,000). “Bill of Sale” shall have the meaning assigned thereto in Section 6.2(a)(xiii). “Bonus Recipients” shall have the meaning assigned thereto in Section 10.13. “Booking Deposit” shall mean all current room reservation deposits, public function, banquet, food and beverage deposits and other deposits or fees for Bookings. “Bookings” shall mean all current bookings and reservations for guest, conference and banquet rooms, golf (if any) or other facilities, if applicable, at the Property, together with all contracts relating thereto. “Books and Records” shall have the meaning assigned thereto in Section 2.1(b)(viii). “Broker” shall mean Barclays Capital, Inc. “Business Day” shall mean any day other than a Saturday, Sunday or other day on which banks are authorized or required by Applicable Law to be closed in the city of New York, New York. “Buyer” shall have the meaning assigned thereto in the Preamble to this Agreement. “Buyer-Related Entities” shall have the meaning assigned thereto in Section 11.1. “Buyer’s Knowledge” shall mean the actual knowledge of Buyer based upon the actual knowledge of those persons listed on Schedule C, without any duty on the part of such Person to conduct any independent investigation or make any inquiry of any Person. The named individual shall have no personal liability by virtue of inclusion in this definition.
Assigned Accounts Receivable shall have the meaning ascribed to such term in Section 8.7.
Assigned Accounts Receivable means any uninsured Accounts Receivable included in the Working Capital which are not collected by Target, despite Target’s commercially reasonable efforts, within 180 days past the relevant due date stipulated on the applicable invoice (or, in the case of an invoice that does not stipulate a due date, 180 days past the date of invoice).
Assigned Accounts Receivable means any Accounts Receivable accrued or invoiced with respect to services or products to be provided by the Purchased Business, solely to the extent (i) such Accounts Receivable is allocable to the Purchased Business and (ii) such services or products are to be provided after the Closing Date.
Assigned Accounts Receivable has the meaning set forth in Section 3(b) of Schedule 2.