UK Accounts definition

UK Accounts means Accounts that are billed and collected by the Borrower in the United Kingdom and which (a) otherwise satisfy the definition of Eligible Accounts and (b) contain selling terms and conditions acceptable to Bank in its sole but reasonable discretion.

UK Accounts means the Lock-Box Accounts identified as “UK Accounts” on Schedule II hereto, in each case, so long as such Lock-Box Account is subject to English law.

UK Accounts means those means all presently existing and hereafter arising accounts, contract rights, payment intangibles, and all other forms of obligations owing to MIVA UK arising out of the sale or lease of goods (including, without limitation, the licensing of software and other technology) or the rendering of services by MIVA UK, whether or not earned by performance, and any and all credit insurance, guaranties, and other security therefor, as well as all merchandise returned to or reclaimed by MIVA UK and MIVA UK’s Books relating to any of the foregoing, that (a) arise in the ordinary course of MIVA UK’s business, (b) are bona fide existing obligations, (c) the property and services giving rise to such Accounts has been delivered or rendered to the account debtor or to the account debtor’s agent for immediate and unconditional acceptance by the account debtor, and (d) neither Borrower nor MIVA UK has received notice of actual or imminent Insolvency Proceeding of any account debtor that is included in any Borrowing Base Certificate as an Eligible UK Account.

Examples of UK Accounts in a sentence

• U.K. Borrowing Base: on any date of determination, an amount equal to the lesser of (a) the result of: (i) the Maximum U.K. Facility Amount, minus (ii) the U.K. LC Reserve, minus (iii) the U.K. Top Golf Reserve; or (b) the result of: (i) the U.K. Accounts Formula Amount, plus (ii) the U.K. Inventory Formula Amount, plus (iii) 100% of the amount of U.K. Pledged Cash, minus (iv) the U.K. Availability Reserve.

• U.K. Accounts Formula Amount: (a) as of any date of determination within the period beginning on May 1 through and including October 31 of each Fiscal Year, 85% of the Value of Eligible Accounts of the U.K. Borrower; and (b) as of any date of determination within the period beginning on November 1 through and including April 30 of each Fiscal Year, 90% of the Value of Eligible Accounts of the U.K. Borrower.

• Many retailers own and run their own distribution networks, while smaller retailers may outsource this function to dedicated logistics firms (known as “third party logistics”, or 3PL) that coordinate the distribution of products for a number of companies.

• Lamela, the Chief Executive Officer of the Corporation, of $1,000,000 of shares of common stock, the purchase by a corporate affiliate of Paul J.

• Regd Office: 208, Golden chambers, 2nd Floor, New Andher Link Road, Andhari (W), Mumbai -400053Tel: (022) 26733748/49/50/6616, Fax : (022) 2673 6658Fax No. (022) 2673 6658E-mail –admin@prsited.com Visit us at : www.iprs.

More Definitions of UK Accounts

UK Accounts means the audited accounts of UK Sub for the twelve month period ended on March 31, 2010.

UK Accounts means the UK Cash Account and the UK Securities Account.

UK Accounts means the Company's or its Subsidiaries' individual accounts (as that term is used in section 226 of the UK Companies Act of 1985) and cash flow statement for the financial year ended December 31, 1998, the auditor's report on those accounts, the directors' report for that year and the notes to those accounts.

UK Accounts means the audited financial statements of each UK Group Company as at and to the UK Accounts Date, comprising the individual accounts of each UK Group Company, and in the case of the Company, the consolidated group accounts of the Company and each of the other Group Companies, including in each case the balance sheet, profit and loss account together with the notes on them, the cash flow statement and the auditors’ and directors’ reports.

UK Accounts means the audited accounts for each U.K. Purchased Subsidiary for the accounting period ended on the U.K. Accounts Date.

UK Accounts means those accounts, contract rights, chattel paper, and instruments, and all other obligations now or hereafter owing to Xxxx Systems (UK)

UK Accounts means, collectively and individually as the context requires, UK Eligible Accounts, UK Eligible Foreign Accounts and UK Eligible Government Accounts.