Retained Accounts Receivable shall have the meaning assigned thereto in SECTION 9.3(b).
Retained Accounts Receivable has the meaning specified in Section 2.2.15.
Retained Accounts Receivable means all accounts and notes receivable of an Asset Seller that are related to the Business to the extent such right to receive payment arose prior to the Closing Date, other than (i) receivables for royalties arising under any license agreement related to the Business, (ii) receivables in respect of any deposit made with third parties and (iii) receivables from Transferred Employees.
Examples of Retained Accounts Receivable in a sentence
The Seller shall not receive a credit for the Retained Accounts Receivable.
The Seller shall have the sole right to collect the Retained Accounts Receivable.
If any Retained Accounts Receivable are paid to the Buyer after the Closing, the Buyer shall pay to the Seller the amounts received by the Buyer within 10 days after receipt of such amounts without any commission or deduction for the Buyer.
As to all Retained Accounts Receivable, Meridian shall retain the sole and exclusive right to collect same as Meridian in its sole discretion may determine.
Seller shall have no right whatsoever to modify, amend or waive the terms of any Transferred Unbilled Accounts Receivables and Purchaser shall have no right whatsoever to modify, amend or waive the terms of any Retained Accounts Receivable.
More Definitions of Retained Accounts Receivable
Retained Accounts Receivable shall have the meaning given to it in Section 2.4. SEC shall mean the United States Securities and Exchange Commission, or any successor Authority. Securities Act shall mean the Securities Act of 1933, and the rules and regulations of the SEC thereunder, all as from time to time in effect, or any successor law, rules or regulations, and any reference to any statutory or regulatory provision shall be deemed to be a reference to any successor statutory or regulatory provision. Settlement Proposal shall have the meaning given to it in Section 8.5. Subsidiary shall mean, with respect to a Person, any Entity a majority of the capital stock ordinarily entitled to vote for the election of directors of which, or if no such voting stock is outstanding, a majority of the equity interests of which, is owned directly or indirectly, legally or beneficially, by such Person or any other Person controlled by such Person. Tax (and "Taxable", which shall mean subject to Tax), shall mean, with respect to any Person, (a) all taxes (domestic or foreign), including without limitation any income (net, gross or other including recapture of any tax items such as investment tax credits), alternative or add-on minimum tax, gross income, gross receipts, gains, sales, use, leasing, lease, user, ad valorem, transfer, recording, franchise, profits, property (real or personal, tangible or intangible), fuel, license, withholding on amounts paid to or by such Person, payroll, employment, unemployment, social security, excise, severance, stamp, occupation, premium, environmental or windfall profit tax, custom, duty or other tax, or other like assessment or charge of any kind whatsoever, together with any interest, levies, assessments, charges, penalties, addition to tax or additional amount imposed by any Taxing Authority, (b) any joint or several liability of such Person with any other Person for the payment of any amounts of the type described in (a) and (c) any liability of such Person for the payment of any amounts of the type described in (a) as a result of any express or implied obligation to indemnify any other Person.
Retained Accounts Receivable means all of a Company’s right, title and interest in and to any and all accounts receivable of that Company that are ninety (90) days or more past due as of the Effective Time.
Retained Accounts Receivable means all accounts receivable and other receivables generated in the Ordinary Course of Business of the Company, including, without limitation, notes receivables of the Company existing as of the Closing Date. The certificate referenced in Section 3.2(j) will set forth a true and complete list of the Sellers’ best estimate of all Retained Accounts Receivable as of the Closing Date.
Retained Accounts Receivable means the accounts receivable retained by Seller and shall include receivables due for all work, labor and services performed by Seller and billed by Seller in the normal course of business through and including the day before Closing. Seller means Landmark Financial Services, Inc.
Retained Accounts Receivable shall have the meaning assigned thereto in Section 10.2(b)(i).
Retained Accounts Receivable means accounts receivable retained by Seller and shall include receivables due or payable (including all unbilled or delayed billed in-file revenues) for all work, labor and services performed by Seller in the normal course of business through and including the day before the Effective Date. Seller means Imfax, Inc. Shareholders means all owners of capital stock of Seller at the date hereof and as of Closing, to wit: Xxxxxxx Corporation (95%) and Xxxx Xxxxx (5%). Tax or Taxes means any federal, state, local or foreign income, gross receipt, license, payroll, employment, excise, severance, stamp, occupation, premium, windfall profits, environmental (including taxes under Code Section 59A), custom duties, capital stock, franchise, profits, withholding, social security (or similar), unemployment, disability, real property, personal property, sales, use, transfer, registration, value added, alternative or add-on minimum, estimating or other tax of any kind whatsoever, including any interest, penalty or addition thereto, whether disputed or not.
Retained Accounts Receivable means (a) all accounts receivable of Seller related to deliveries prior to the Closing Date, and (b) all accounts receivable of SENY related to deliveries prior to the Closing Date, in each case including any rights to reimbursement for any billing determinant and other cost recoveries from Counterparties in respect of LDC and System Operators charges related to deliveries prior to the Closing Date.