Business Accounts Receivable definition

Business Accounts Receivable has the meaning set forth in Section 2.1(c).

Business Accounts Receivable means Accounts Receivable of Seller or Seller Parent relating solely to the Business.

Business Accounts Receivable means all Accounts Receivable arising from the operation of the Business but shall exclude any Accounts Receivable arising from the operation of the Retained Business.

Examples of Business Accounts Receivable in a sentence

• Section 4.18 of the Sellers Disclosure Letter contains a list, complete and accurate in all material respects, of the Business Accounts Receivable as of the Balance Sheet Date, derived from the books and records of the Purchased Companies, consistent with past practice.

• All Business Accounts Receivable have arisen in the ordinary course of business consistent with past practice and are estimates of valid obligations due to the Purchased Companies arising out of bona fide Contracts or other arrangements between the Purchased Companies, on the one hand, and their respective counterparties, on the other hand.

• Schedule 3.14 contains a list, complete and accurate in all material respects, of the Business Accounts Receivable as of March 31, 2010 derived from the books and records of Seller, UMKK and UMNet, consistent with past practice.

• All Business Accounts Receivable have arisen in the ordinary course of business consistent with past practice and are estimates of valid obligations due to Seller, UMKK or UMNet arising out of bona fide contracts or other arrangements between Seller, UMKK or UMNet, on the one hand, and their respective licensees, on the other hand.

• Consistent with past practice, Seller does not accrue Business Accounts Receivable for any Business Contract with advance or minimum guarantee payments of less than $250,000 or for which Seller anticipates earned royalties of less than $250,000, in each case over the term of the Business Contract.

More Definitions of Business Accounts Receivable

Business Accounts Receivable means (a) all trade accounts receivable and other rights to payment from customers of Seller and the full benefit of all security for such accounts or rights to payment, including all trade accounts receivable representing amounts receivable in respect of goods shipped or products sold or services rendered to customers of Seller, (b) all other accounts or notes receivable of Seller and the full benefit of all security for such accounts or notes and (c) any claim, remedy or other right related to any of the foregoing, but excluding, in each case, any accounts or notes receivable or other such claims for money due to Seller from Seller Parent or any of its wholly-owned subsidiaries (or any claim, remedy or other right related thereto).

Business Accounts Receivable is defined in Section 3.14.

Business Accounts Receivable means all accounts receivable of IHS arising exclusively out of the conduct of the Business.

Business Accounts Receivable means, as of a specified time, the amount of all accounts and notes receivable (including any claim or rights of action with respect to accounts and notes receivable) and the right to bill and receive payment for products shipped or delivered and/or services performed on or before the Closing Date by Sellers and their respective Affiliates, in each case, that exclusively relates to the Business, determined in accordance with Exhibit C.

Business Accounts Receivable means, without duplication, (i) all assets of the Cytec Parties of the types set forth in the Balance Sheet Data under the line items: "Employee Cash Advance", "Miscellaneous Receivables", "Accounts Receivable" (less "Reserves") and "Miscellaneous Prepayments", but only if and to the extent such assets relate primarily to or arise primarily out of the operation of the Business and, in the case of such assets acquired by the Cytec Parties after September 30, 1996, only if and to the extent such assets were acquired in the ordinary course of business and (ii) all notes, bonds and other evidences of indebtedness relating to the assets and accounts receivable referred to in clause (i) above, including any security interests related thereto and any rights of the Cytec Parties with respect to any third party collection procedures or any other actions or proceedings which have been or may be commenced in connection therewith.

Business Accounts Receivable means, as of a specified time, the amount of all accounts and notes receivable (including any claim or rights of action with respect to accounts and notes receivable) and the right to xxxx and receive payment for products shipped or delivered and/or services performed on or before the Closing Date by Sellers and their respective Affiliates, in each case, that exclusively relates to the Business, determined in accordance with Exhibit C.

Business Accounts Receivable means all the accounts, notes and finance receivables generated by Seller and its Subsidiaries in connection with or arising out of the Business, including all funds, refunds, receivables, credits, offsets, or reimbursements, claims, debts, obligations and such other rights arising therefrom, but excluding in any event any items constituting Grove Accounts Receivable.