Closing Receivables definition

Closing Receivables means all accounts receivable and other receivables, whether billed or unbilled, of the Company and its Subsidiaries as of the Closing.

Closing Receivables has the meaning set forth in Section 5.15.

Closing Receivables means all accounts receivables in the Ordinary Course of Business of the Company as of immediately prior to the Closing Date.

Examples of Closing Receivables in a sentence

• The Seller shall (i) deliver to the Purchaser such documentation of, and information relating to, the Closing Receivables as the Purchaser shall reasonably request and (ii) within ten (10) Business Days of its receipt thereof, deliver to the Purchaser any cash or other property received by them in respect of any Closing Receivables, net of the amount of any accounts payable constituting Assumed Liabilities paid by the Seller or its Affiliates after the applicable Closing Date.

• The Seller Entities shall (i) deliver to Buyer such documentation of, and information relating to, the Closing Receivables as Buyer shall reasonably request and (ii) promptly deliver to Buyer any cash or other property received by them in respect of any Closing Receivables, and Buyer shall reimburse the Seller Entities for their expenses incurred in connection therewith.

• All accounts receivable of the Corporation, including the Closing Receivables, were created in the Ordinary Course, are reflected properly in its Books and Records, and the Closing Receivables are valid receivables subject to no setoffs or counterclaims, are current and collectible as per their respective terms.

• Schedule 2.10 shall also indicate each receivable, which, as of October Month End, is more than ninety days past due and the obligor of which is subject to bankruptcy or similar insolvency proceedings (the "Overdue Closing Receivables")." 7.

• Buyer shall have the right and authority, from and after the Closing, to collect for its own account all receivables of the Devices & Services Business included in the Purchased Assets and any of the receivables of a Transferred Subsidiary relating to the Devices & Services Business (the “Closing Receivables”) and to endorse with the name of any Seller Entity any checks or drafts received with respect to any Closing Receivables.

More Definitions of Closing Receivables

Closing Receivables means the outstanding accounts receivable of Seller as of the Closing Date.

Closing Receivables has the meaning specified in Section 8.7.

Closing Receivables means the outstanding accounts receivable of the Corporation as at the Closing Date;

Closing Receivables shall have the meaning set forth in Section 1.4(d).

Closing Receivables has the meaning given to it in Section 2.4;

Closing Receivables means all accounts receivable and other receivables, whether billed or unbilled, of the Company as of the Closing. “Code” means the Internal Revenue Code of 1986, as amended.

Closing Receivables. As defined in Section 7.7(e). Code. Internal Revenue Code of 1986.