Seller Account Parties definition

Seller Account Parties has the meaning set forth in Section 7.14.
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Seller Account Parties shall have the meaning set forth in Section 9.1.
Sample 1

Examples of Seller Account Parties in a sentence

  • If, notwithstanding such Letter, any of the Seller Account Parties remits any such payments on or after the Closing Date directly or indirectly to any of the Sellers instead of to the Lockbox Account, each Seller agrees that it shall promptly (and in any event no later than 15 days following receipt) deliver all such payments that it receives to the Purchaser.

  • Each of the Sellers shall use its commercially reasonable efforts, at the Purchaser’s request, to assist the Purchaser in collecting in full from the Seller Account Parties all amounts owed pursuant to such Receivables.

  • If any of the Seller Account Parties remits payments on or after the Closing to an ED&F Party, ED&F shall, and shall cause the other ED&F Parties to, deliver all such payments to Parent or the Surviving LLC or pay to Parent or the applicable Surviving LLC an amount equal to such payments and Parent or the applicable Surviving LLC shall reimburse ED&F for its reasonable expenses directly related thereto.

  • Seller shall if requested by Buyer, irrevocably authorize, instruct and direct that the account parties of all accounts, notes and receivables constituting Acquired Assets (such parties, the "Seller Account Parties") shall make and deliver all payments relating thereto on or after the Closing to such location, bank and account (the "Lockbox Account") as Buyer shall specify.

  • Seller shall use its commercially reasonable efforts to assist Buyer in collecting in full from Seller Account Parties all amounts owed pursuant to all accounts, notes and receivables constituting Acquired Assets.

  • Each of the Sellers shall use its best efforts to assist the Buyers in collecting in full from Seller Account Parties all amounts owed pursuant to all accounts, notes and receivables constituting Acquired Assets.

  • Seller shall, subject to obtaining consent, if required, from HCFP Funding, Inc., by letter prepared by Buyer (the "Letter"), irrevocably authorize, instruct and direct that the account parties of all receivables constituting Acquired Assets (such parties, the "Seller Account Parties") shall make and deliver all payments relating thereto on or after the Closing to such location, bank and account (the "Lockbox Account") as Buyer shall specify.

  • If, notwithstanding such Letter, any of the Seller Account Parties remit payments on or after the Closing to Seller or a Selling Subsidiary, Seller agrees that it shall pay such amount to the Buyer within two Business Days following identification of the same by Seller.

  • If, notwithstanding such instruction, any of the Seller Account Parties remit payments on or after the Closing directly or indirectly to Seller or its Affiliates instead of to the Lockbox Account, Seller agrees promptly (and in any event no later than two business days following receipt) to deliver all such payments (including but not limited to negotiable instruments which shall be duly endorsed by Seller to the order of Buyer) to Buyer.

  • Seller shall, by letter in the form of Exhibit M attached hereto (the "Letter"), irrevocably authorize, instruct and direct that the account parties of all accounts, notes and receivables (including insurance proceeds) constituting Acquired Assets (such parties, the "Seller Account Parties") shall make and deliver all payments relating thereto on or after the Closing to such location, bank and account (the "Lockbox Account") as Buyer shall specify.

Related to Seller Account Parties

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • Bank Parties means Administrative Agent and the Banks.

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • Credit Parties means the Borrower and the Guarantors.

  • Borrower Parties means the collective reference to the Borrower and its Restricted Subsidiaries, and “Borrower Party” means any one of them.

  • U.S. Loan Parties means the U.S. Borrowers and the U.S. Guarantors.

  • Loan Parties means, collectively, the Borrower and each Guarantor.

  • Seller Parent has the meaning set forth in the Preamble.

  • Designated Account Property The Designated Accounts, all cash, investments, Financial Assets, securities and investment property held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities or otherwise), including the Reserve Account Deposit, and all proceeds of the foregoing but excluding all Investment Earnings thereon.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Seller Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Seller under this Agreement or in connection herewith.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

  • Management Accounts means unaudited accounts which shall incorporate a profit and loss statement, cash flow statement and balance sheet.

  • Seller Affiliates has the meaning assigned to such term in Section 2.7.1;

  • Seller Ancillary Documents means each agreement, document, instrument or certificate to be delivered by Seller, or its Affiliates, at the Closing pursuant to Section 3.2 and each other document or Contract entered into by Seller, or its Affiliates, in connection with this Agreement or the Closing.

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • Seller Entities means, collectively, Seller and all Seller Subsidiaries.

  • Seller Representatives has the meaning set forth in Section 5.8(a).

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Local Parties shall be defined as the Board or the local OSSTF/FEESO bargaining unit party to a collective agreement.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Purchaser’s Account The account of the Purchaser at a bank or other entity most recently designated in a written notice by the Purchaser to the Sellers as the "Purchaser's Account."

  • Buyer Parties means Buyer, its respective Affiliates and the former, current or future equity holders and Representatives of each of the foregoing.

  • Transaction Parties As defined in Section 5.3(o).