Accounts Receivable List definition

Accounts Receivable List has the meaning specified in Section 8.3.
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Accounts Receivable List has the meaning set forth in Section 4.21.
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Accounts Receivable List is defined in Section 4.19.
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Examples of Accounts Receivable List in a sentence

  • The Accounts Receivable, including all Accounts Receivable reflected on the Seller's Balance Sheet, all Accounts Receivable arising after the date of the Balance Sheet and all Accounts Receivable reflected on the Accounts Receivable List and Total Receivables List are bona fide accounts receivable, arising from bona fide transactions in the ordinary course of the Seller's business, the full amount of which is actually owing to the Seller, subject to no Claims.

  • Acting as Seller's agent, during the Collection Period Buyer shall have the exclusive right to and shall make commercially reasonable efforts to collect Seller's accounts receivable listed on the Accounts Receivable List, but shall not be required to expend or advance any of its funds, to locate any debtor, or to institute or defend any suit, action, claim, or counterclaim in any legal or equitable proceeding.

  • At Closing, Seller will deliver Seller's existing accounts receivable on the Accounts Receivable List.

  • Such Accounts Receivable List will be used by Buyer for purposes of collection only for the period of one hundred twenty (120) days immediately following Closing (the "Collection Period").

  • Except as set forth on the Accounts Receivable List, the Company has not received written notice of any material claim or material dispute by its customers with respect to any of its outstanding accounts receivable.

  • All accounts receivable reflected on the Acquisition Balance Sheet or set forth on the Accounts Receivable List are valid accounts receivables, are not subject to any set-offs or counterclaims, have been prepared from, and are in accordance with, the books and records of the Company and arose solely out of bona fide sales and delivery of goods and performance of services.

  • All of the accounts receivables set forth on the Accounts Receivable List have been legally and validly incurred pursuant to bona fide transactions in the ordinary course of business.

  • Subject to Citadel's receipt from Seller at the Closing of a list (the "Accounts Receivable List") of accounts receivable of the Stations existing as of the Closing, exclusive of Trade Receivables, if any (the "Accounts Receivable"), for a period of 120 days commencing with the Closing Date (the "Citadel Collection Period"), Citadel, as agent for Seller, shall collect the Accounts Receivable in accordance with Citadel's normal collection processes and procedures.

  • If Seller receives a payment after the Closing Date of any item on the Accounts Receivable List, Seller shall promptly deliver such payment or the instrument of payment with proper endorsements to Buyer.

  • At the end of the Collection Period, if the remaining outstanding amount from the Accounts Receivable List (the “Remaining A/R”) is equal to or less than 5% of the Estimated Accounts Receivable Purchase Price (which amount shall include any amount collected by Seller under the above paragraph), then the rights under the Remaining A/R will remain with the Buyer and no further amount shall be payable to Seller for the accounts receivable.


More Definitions of Accounts Receivable List

Accounts Receivable List has the meaning specified in Section 9.3.
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Related to Accounts Receivable List

  • Accounts Receivable has the meaning set forth in Section 2.01(a).

  • Eligible Accounts Receivable means or “Eligible Account” means the amount of an account existing as of the date hereof or arising in the ordinary course of the Borrower’s business owing to the Borrower (excluding sales or other taxes) from a party (the “Account Debtor”) which conforms with all warranties of the Borrower contained herein and which meets all the following requirements until it is collected in full: (a) the account is not more than 90 days from the date of the original invoice therefor; (b) the account arose from the Borrower’s completed performance of a sale of goods and/or related services, is not a “rebilling” of such account, all such goods having been lawfully shipped and invoiced to the Account Debtor, and upon the Bank’s request, copies of all invoices, together with all shipping documents and delivery receipts evidencing such shipment having been delivered to the Bank; (c) the account does not arise from a contract with the United States Government or from a consumer transaction; (d) except in the normal course of business, the account is not subject to any prior assignment, claim, lien, security interest, setoff, credit, contra account, allowance, adjustment, levy, return of goods, or discount; (e) the account did not arise from a transaction with a person, corporation or entity affiliated with the Borrower; (f) the account does not, when added to all other accounts of the Account Debtor with the Borrower, produce an aggregate indebtedness from the Account Debtor of more than 20% of the total of all the Borrower’s Eligible Accounts Receivable; (g) the Borrower has not received notice of bankruptcy or insolvency of the Account Debtor; (h) the account is not evidenced by any chattel paper, promissory note, payment instrument or written agreement; (j) the account does not arise from an Account Debtor whose mailing address or executive office is located outside the United States; (k) the account does not arise from an Account Debtor who has more than 50% of its accounts receivable with the Borrower due and owing for more than ninety (90) days from their due dates; (l) the Bank has not notified the Borrower that the account or the Account Debtor is unsatisfactory or unacceptable (although the Bank reserves the right to do so in its sole discretion at any time); and (m) the account is not part of a bonded transaction.

  • Accounts Receivable Subsidiary means an Unrestricted Subsidiary of the Company to which the Company or any of its Restricted Subsidiaries sells any of its accounts receivable pursuant to a Receivables Facility.

  • Amounts receivable by the Trust in a foreign currency shall be reported to the Evaluator who shall convert the same to U.S. dollars based on current exchange rates, in the same manner as provided in Section 4.01(b) or 4.01(c), as applicable, for the conversion of the valuation of foreign Equity Securities, and the Evaluator shall report such conversion with each Evaluation made pursuant to Section 4.01."

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.