Examples of Lockbox Date in a sentence
The File header indicates the file date (Lockbox Date) of the data present in the file.
Prior to the Lockbox Date or the occurrence of an Event of Default, each Atlas Company shall causes all of the funds it receives as collection on its Receivables or other Collateral to be deposited no less often than weekly into an account of Atlas Marketing Company, Inc.
If following the Lockbox Date, the Company or any of its Subsidiaries realizes any refund or credit of Taxes of the Company or its Subsidiaries, as applicable, which are of a type for which the Seller has an indemnification obligation under Section 8.1(a), the Company shall pay to the Seller the amount so realized, net of any cost (including any Tax cost) of obtaining any such refund or utilizing any such credit.
As promptly as practicable but in no event later than five Business Days following the Lockbox Date, Dispatch will, at its expense, prepare and submit to Citadel a statement, certified by its chief executive officer, setting forth Dispatch’s calculation of Dispatch Net Debt (the “Dispatch Net Debt Statement”).
The unpaid Taxes of each Target Company for taxable periods (or portions thereof) through the Tax Lockbox Date do not exceed the accruals and reserves for Taxes (excluding accruals and reserves for deferred Taxes established to reflect timing differences between book and Tax income) reflected on the Financial Statements, as adjusted for the passage of time through the Tax Lockbox Date in accordance with GAAP.