Closing Accounts Receivable means all accounts (including late fees and interest charges thereon) and notes receivable of the Company which are in existence as of the Closing Date.
Closing Accounts Receivable has the meaning specified in Section 1.7.
Closing Accounts Receivable is defined in Section 4.08.
Examples of Closing Accounts Receivable in a sentence
For example, if the Seller challenges the calculation of the Closing Accounts Receivable by an amount of $100,000, but the mediator determines that the Seller has a valid claim for only $60,000, then Buyer shall bear sixty percent (60%) of the fees and expenses of the mediator and Seller shall bear the other forty percent (40%) of such fees and expenses.
More Definitions of Closing Accounts Receivable
Closing Accounts Receivable is defined in Section 8.11.
Closing Accounts Receivable means all accounts (including late fees and interest charges thereon) and notes receivable of the Company in existence as of the Closing Date as set forth on the Closing Date Balance Sheet, determined in accordance with GAAP and on a basis consistent with the accounting practices of PentaStar but excluding in any event any Residual Payment Rights. Closing and Closing Date have the meanings given in Section 2.2.
Closing Accounts Receivable means the ending balance of the trade accounts receivable account as of 12:01 a.m. on the Closing Date, pursuant to Section 3.3.1(a).
Closing Accounts Receivable means the aggregate amount of accounts receivable of the Business as of the close of business on the Closing Date.
Closing Accounts Receivable means the net trade accounts receivable of the Business as of the Closing Date, as determined in accordance with the Working Capital Principles.
Closing Accounts Receivable means the Accounts Receivable of the Acquired Companies as of the Effective Time.
Closing Accounts Receivable as defined in Section 2.09(b).