Examples of Original Accounts in a sentence
For purposes of this Agreement, the term "Original Accounts Receivable" shall mean, the total Accounts Receivables of the Domestic Business which constitute a part of the Assets as of the Closing Date.
All payments from any customer shall first be credited to the Original Accounts Receivable (as defined) unless a customer expresses specific disputes with respect to an outstanding xxxx or invoice, which dispute shall then be immediately brought to the attention of the Seller.
Nothing in this Deed shall constitute or be deemed to constitute a waiver of the rights of any Finance Party under any of the Finance Documents or any amendment of the Finance Documents except as expressly set out in Clauses 2 (Waiver), 3 (Amendment to the Facility Agreement) and 4 (Amendment to the Original Accounts Agreement) above.
With effect from the date of this Deed, the Original Accounts Agreement shall be amended and restated so that it reads as if it were restated in the form set out in Schedule 3 (Amended and Restated Accounts Agreement).
Since publication of the Original Accounts, there has been no material adverse change in its business or financial condition of the Guarantor.