Receivables Notice definition

Receivables Notice has the meaning ascribed to it in Section 1.05(c).

Receivables Notice shall have the meaning set forth in Section 12.2.

Receivables Notice shall have the meaning as set forth in Clause 8.2 (b) (iii).

Examples of Receivables Notice in a sentence

• Within 135 days after the Effective Date, Buyer shall have the right to (i) notify Seller in writing (the "Receivables Notice") of the dollar amounts of the accounts receivable of the Business existing on the Effective Date that have not been collected by Buyer by the date of such notice and which are more than 120 days past due as of the date of such notice (the "Greater than 120-Day Receivables") and (ii) at its option, assign to Seller 100% of the then-outstanding Greater than 120-Day Receivables.

• The Buyer shall notify the Sellers in writing at least two business days prior to the Closing Date which Overdue Closing Receivables on Schedule 2.10 the Sellers shall retain (the "Buyer Closing Receivables Notice").

• If SELLER shall dispute the calculations presented in the Receivables Notice, SELLER shall submit a Notice of Objection relating thereto in writing to BUYER within 15 days of its receipt thereof.

• Upon receipt of the Receivables Notice, and only if the Receivables Notice indicates that Purchaser is entitled to receive an amount of funds set forth therein pursuant to this Section 4.17, the Escrow Agent shall promptly remit to Purchaser, in exchange for Purchaser's transfer of all unpaid Final Accounts Receivable to Seller, a sum, in immediately available same day funds, equal to the Adjustment Amount.

• Upon receipt of the Purchaser Receivables Notice by Seller, Purchaser and Seller shall promptly prepare and deliver a written notice to the Escrow Agent, in accordance with the terms and conditions of the Escrow Agreement, which restates the information set forth in the Purchaser Receivables Notice (the "Receivables Notice").

More Definitions of Receivables Notice

Receivables Notice has the meaning set forth in Section 7.10.

Receivables Notice has the meaning set forth in Section 1.7(a).

Receivables Notice means a notice in the form of Part I of Schedule 5 (Forms of Request).

Receivables Notice shall have the meaning ascribed to such term in SECTION 9.4.

Receivables Notice has the meaning set forth in Section 2.5(c) hereof.

Receivables Notice has the meaning set forth in Section 6.7(a).

Receivables Notice has the meaning ascribed to it in SECTION 1.03(C).