Estimated Accounts Receivable definition

Estimated Accounts Receivable means the Company’s good faith estimate of Accounts Receivable as of the close of business on the day immediately prior to the Closing Date as set forth on the Estimated Closing Statement.
Estimated Accounts Receivable means the total Accounts Receivable estimated by Seller to be outstanding on the Business Day prior to the Closing Date.
Estimated Accounts Receivable has the meaning given in Section 2.3.

Examples of Estimated Accounts Receivable in a sentence

  • The estimate of Estimated Cash, Estimated Accounts Receivable, Estimated Accounts Payable and Estimated WIP included in the Estimated Closing Statement and all computations and determinations related thereto shall be based on the Company’s books and records and other information available at the time and calculated in good faith in accordance with the principles set forth on Section 2.10(a) of the Schedule of Exceptions.

  • On the Closing Date, Purchaser shall pay the Cash Consideration and the Estimated Accounts Receivable Amount, as determined in accordance with Section 3.3, which amounts shall be paid by application of the Deposit and the balance by wire transfer of immediately available funds into an account or accounts as designated by Sellers.

  • No later than two (2) Business Days prior to the Closing Date, Sellers shall deliver to Purchaser a calculation of the Estimated Accounts Receivable Amount, including a summary spreadsheet of the components of the Estimated Accounts Receivable Amount in the format previously furnished to Purchaser, including a list of outstanding invoices.


More Definitions of Estimated Accounts Receivable

Estimated Accounts Receivable shall have the meaning set forth in Section 2.3(a). EAST\173542612.12
Estimated Accounts Receivable means the sum of US$[***];
Estimated Accounts Receivable means the total Eligible Accounts Receivable estimated by Seller to be outstanding, as to DCs, on the Effective Date, and as to Stores and ISWs, on the Business Day prior to the Effective Date.
Estimated Accounts Receivable shall have the meaning set forth in SECTION 2.3(a).
Estimated Accounts Receivable has the meaning ascribed to such term in Section 1.3(a).

Related to Estimated Accounts Receivable

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

  • Unbilled Receivable means, at any time, any Receivable as to which the invoice or xxxx with respect thereto has not yet been sent to the Obligor thereof.

  • Intercompany Receivables means all account, note or loan payables and all advances (cash or otherwise) or any other Extensions of Credit that are receivable by Parent or any of its Subsidiaries (other than the Bank or its Subsidiaries) from the Bank or its Subsidiaries.

  • 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:

  • Subject Receivables has the meaning assigned to such term in the Asset Representations Review Agreement.

  • Excluded Receivable means all indebtedness and other obligations owed to Originator or in which Originator has a security interest or other interest (including, without limitation, any indebtedness, obligation or interest constituting an account, chattel paper, instrument or general intangible) arising in connection with the sale of merchandise or the rendering of services by Originator and further includes, without limitation, the obligation to pay any Finance Charges with respect thereto:

  • Liquidated Receivable means any Receivable liquidated by the Servicer through the sale or other disposition of the related Financed Equipment or that the Servicer has, after using all reasonable efforts to realize upon the Financed Equipment, determined to charge off without realizing upon the Financed Equipment.

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.