Examples of Uncollected Receivables in a sentence
Intermec and French Subsidiary shall (and shall cause the relevant members of TSG to) make and keep detailed records of amounts collected in respect of the Transfer Date Receivables until such time as the "Uncollected Receivables" (as defined in paragraph (b) below) are assigned to Amtech pursuant to paragraph (b) below.
Actual Uncollected ReceivablesActual Uncollected Receivables for the UCB/POR Option shall be equal to the write-off amounts for the portion of final bills associated with the Supplier receivables after all reasonable and customary Customer collection processes have ceased.
If any Accounts Receivable, net of any allowance for doubtful accounts, in excess of an aggregate amount of Twenty-Five Thousand Dollars ($25,000) shall not have been collected within one hundred and eighty days (180) from the Closing Date (the "Uncollected Receivables"), the Uncollected Receivables shall thereupon be assigned to the Vendors for collection.
Notwithstanding the foregoing, the Company shall make such efforts to collect such Actual Uncollected Receivables only as the Company deems reasonable in its discretion, taking into account the detrimental impact such collection efforts could have on the Business.
Buyer’s right to recover the Uncollected Receivables Amount from the Newpark Entities shall not be subject to the provisions of ARTICLE VIII or the Cap, Basket or any other limitations of liability set forth therein.