Common use of Accounts Receivable Adjustment Clause in Contracts

Accounts Receivable Adjustment. To the extent that ProMedCo-SW is unable to collect $530,236 from SELLER's Accounts Receivable within 120 days after the Closing, the Cash Consideration shall be reduced on a dollar for dollar basis. 0400630.14 080020-015 05/07/97 (1)

Appears in 1 contract

Sources: Asset Purchase Agreement (Promedco Management Co)

Accounts Receivable Adjustment. To the extent that ProMedCo-SW is unable to collect $530,236 2,065,227 from SELLER's Accounts Receivable within 120 days after the Closing, the Cash Consideration shall be reduced on a dollar for dollar basis. 0400630.14 080020-015 05/07/97 (1)

Appears in 1 contract

Sources: Asset Purchase Agreement (Promedco Management Co)