Vendor Receivable definition

Vendor Receivable means the sum of $259,116 owing by the Vendor to the Corporation.

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Vendor Receivable means the principal indebtedness of the Corporation to the Vendor.

Vendor Receivable means any amount owing by any Vendor to any Target Group Company (or any member of the Retained Group in respect of the Business) in relation to the Business;

Examples of Vendor Receivable in a sentence

• Except as set forth in Disclosure Schedule 4.08.2, the payment of each Vendor Receivable will not, as of the Closing Date, be subject to any known defense, counterclaim or condition whatsoever.

• Except as set forth on Section 4.18 of the Company Disclosure Schedule, and subject to customer credits, the payment of each Account Receivable and Vendor Receivable will not, as of the Closing Date, to the knowledge of the Company, be subject to any known defense, counterclaim or condition (other than Company's performance in the ordinary course of business) whatsoever.

• Except as set forth on Section 4.18 of the ------------ Company Disclosure Schedule, and subject to customer credits, the payment of each Account Receivable and Vendor Receivable will not, as of the Closing Date, to the knowledge of the Company, be subject to any known defense, counterclaim or condition (other than Company's performance in the ordinary course of business) whatsoever.

• Except as set forth in Disclosure Schedule 4.08.2, the payment of each Vendor Receivable will not, as of the Closing Date, to the best of Sellers' knowledge, be subject to any known defense, counterclaim or condition whatsoever.

• Except as set forth in Disclosure Schedule 4.08.3, the payment of each Vendor Receivable will not, as of the Closing Date, be subject to any known defense, counterclaim or condition whatsoever.

• Except as set forth in Disclosure Schedule 4.08.4, the payment of each Vendor Receivable will not, as of the Closing Date, be subject to any known defense, counterclaim or condition whatsoever.