Canadian Accounts Receivable definition

Canadian Accounts Receivable means accounts receivable of the Canadian Subsidiaries;
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Canadian Accounts Receivable has the meaning set forth in Section 2.3(a)(viii).
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Canadian Accounts Receivable means all present and future accounts receivable of the Cdn. Borrower and its Canadian Subsidiaries (other than any proceeds from any sale or other disposition of any one or more Non-Canadian Subsidiaries, any undertaking, property or assets of any one or more Non-Canadian Subsidiaries or any shares or other ownership or equity interests in any one or more Non-Canadian Subsidiaries).
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Examples of Canadian Accounts Receivable in a sentence

  • All U.S. Accounts Receivable and all Canadian Accounts Receivable existing on the Closing Date and thus transferred to Buyer by virtue of the transactions contemplated hereby are collectively referred to as the "Final Accounts Receivable" for purposes of Section 2.6 hereof.

  • All such U.S. Accounts Receivable and Canadian Accounts Receivable are valid and subsisting; arose in the ordinary and usual course of business; to the extent not collected prior to the Closing Date, will be collectible according to their terms within one hundred eighty (180) days after the date of the initial invoice therefor; and are not subject to any counterclaim, setoff or defense or subject to any lien, charge or encumbrance of any nature.

  • Depending on which means of spread caused a case, the measures to stop other cases from occurring could range fromremoving contaminated food from stores, chlorinating a swimming pool, or closing a child day care center.Campylobacter is a bacterial pathogen that causes fever, diarrhea, and abdominal cramps.

  • The FBB will equal an amount up to 80% of Eligible Accounts, which include U.S. and Canadian Accounts Receivable.

  • Nevertheless, it might be of some theoretical interest as well, for it attempts to develop, in respect to a particular historical context, some ideas of the classical thought about the distribution of the agricultural surplus among different social classes in the course of interaction between technology and production relations.

  • All U.S. Accounts Receivable as of November 21, 1999, are set forth on Schedule 5.24(a) and all accounts receivable of Heist Canada ("Canadian Accounts Receivable") as of such date are set forth on Schedule 5.24(b).

  • The Buyer and the WP Canada shall each execute and file a joint election under section 22 of the Income Tax Act (Canada) and the corresponding provisions of any other applicable taxing statute or regulation, within the prescribed time periods, in respect of the sale of the Canadian Accounts Receivable.


More Definitions of Canadian Accounts Receivable

Canadian Accounts Receivable those accounts receivable of the Borrower owed to it by all Canadian based retailers ("Canadian Companies").
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Canadian Accounts Receivable means all accounts, notes and other receivables generated by the Canadian Business.
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Canadian Accounts Receivable means the accounts receivable and notes receivable of WP Canada arising exclusively in connection with the Business.
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Related to Canadian Accounts Receivable

  • Accounts Receivable has the meaning set forth in Section 2.01(a).

  • Accounts Receivable Subsidiary means one Unrestricted Subsidiary of the Company specifically designated as an Accounts Receivable Subsidiary for the purpose of financing the Company’s accounts receivable and provided that any such designation shall not be deemed to prohibit the Company from financing accounts receivable through any other entity, including, without limitation, any other Unrestricted Subsidiary.

  • Eligible Accounts are Accounts which arise in the ordinary course of Borrower’s business that meet all Borrower’s representations and warranties in Section 5.3. Bank reserves the right at any time and from time to time after the Effective Date, to adjust any of the criteria set forth below and to establish new criteria in its good faith business judgment. Unless Bank agrees otherwise in writing, Eligible Accounts shall not include:

  • Eligible Inventory means and include Inventory, excluding work in process, with respect to each Borrower, valued at the lower of cost or market value, determined on a first-in, first-out basis, which is not obsolete, slow moving or unmerchantable as determined by Agent in its Permitted Discretion and which Inventory, based on such considerations as Agent may from time to time deem appropriate in its Permitted Discretion including whether the Inventory is subject to a perfected, first priority security interest in favor of Agent and no other Lien (other than a Permitted Encumbrance). Notwithstanding anything herein to the contrary, no Inventory shall be Eligible Inventory to the extent such Inventory was acquired by a Borrower pursuant to an entity creation under Section 7.12 or a Permitted Acquisition, unless Agent has (i) completed field examinations with respect to such Inventory, the results of which are satisfactory in form and substance to Agent in its Permitted Discretion or (ii) waived such restriction in its Permitted Discretion. In addition, Inventory shall not be Eligible Inventory if it: (a) does not conform in all material respects to all standards imposed by any Governmental Body which has regulatory authority over such goods or the use or sale thereof; (b) is in transit (other than between one or more locations where Borrowers are permitted hereunder to maintain or store Inventory and such location is the subject of a Lien Waiver Agreement or a Processor’s Agreement, as applicable, unless such location is owned by Borrower); (c) is located outside the continental United States or at a location that is not otherwise in compliance with this Agreement; (d) constitutes Consigned Inventory (other than Consigned Inventory that is subject to a warehouseman’s waiver in form and substance satisfactory to Agent); (e) is the subject of an Intellectual Property Claim; (f) is subject to a License Agreement that limits, conditions or restricts the applicable Borrower’s or Agent’s right to sell or otherwise dispose of such Inventory, unless Agent is a party to a Licensor/Agent Agreement with the Licensor under such License Agreement (or Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Agent shall deem appropriate in its Permitted Discretion); (g) at any time following seventy-five (75) days after the Closing Date (or such later date agreed to by Agent), is situated at a location not owned by a Borrower unless the owner or occupier of such location has executed in favor of Agent a Lien Waiver Agreement or a Processor’s Agreement, as applicable (or Agent shall have established reserves against the Formula Amount with respect thereto as Agent shall deem appropriate in its Permitted Discretion in an amount not to exceed the equivalent of three (3) months’ rental obligation with respect to such location); or (h) if the sale of such Inventory would result in the creation of a Receivable which, on the date of such sale, would fail to constitute an Eligible Receivable due to the operation of any of clauses (b), (c) or (e) – (p) of such definition.