Common use of Certain Accounts Receivable Clause in Contracts

Certain Accounts Receivable. As to STC, all accounts receivable assigned to STCBV Sub for purposes of collection only under the Sinc▇▇▇▇ ▇▇▇eement (the "Sinc▇▇▇▇ ▇▇▇eivables"); and, as to HAT, all amounts which are payable to HAT under the Clear Channel Agreements which were earned prior to the Closing Date.

Appears in 1 contract

Sources: Asset Exchange Agreement (STC Broadcasting Inc)

Certain Accounts Receivable. As to STC, all accounts receivable assigned to STCBV Sub for purposes of collection only under the Sinc▇▇▇▇▇▇▇▇ Agreement (the "▇▇▇eement (the "Sinc▇▇▇▇ ▇▇▇eivablesReceivables"); and, as to HAT, all amounts which are payable to HAT under the Clear Channel Agreements which were earned prior to the Closing Date.

Appears in 1 contract

Sources: Asset Exchange Agreement (Hearst Argyle Television Inc)