Long Dated Accounts Receivable definition

Long Dated Accounts Receivable means, on any date, for each Long Dated Account Receivable Customer, Accounts arising as a result of the sale of goods with payment terms in excess of one hundred eighty (180) days and not greater than one year.

Examples of Long Dated Accounts Receivable in a sentence

  • The Administrative Agent shall have completed a satisfactory desk appraisal of the Long Dated Accounts Receivable.