Common use of Accounts Receivable Adjustment Clause in Contracts

Accounts Receivable Adjustment. If the Surviving Corporation, within the six (6) month calendar period immediately following the Closing Date, does not collect a total of Eight Hundred Thousand and 00/100 Dollars ($800,000.00) in accounts receivable, then the Transaction Consideration shall be reduced dollar for dollar by the A/R Adjustment. The “A/R Adjustment” shall equal the difference between the amount of accounts receivable collected by the Surviving Corporation during such time period and Eight Hundred Thousand and 00/100 Dollars ($800,000.00). PainCare shall receive payment for the A/R Adjustment through a lump sum cash payment from the Shareholder within seven (7) days after the end of the six (6) month period.

Accounts Receivable Adjustment. If the Surviving Corporation, within the six (6) month calendar period immediately following the Closing Date, does not collect a total of Eight Four Hundred Thousand and 00/100 Dollars ($800,000.00400,000.00) in accounts receivablefrom the Closing Date Accounts Receivable, then the Transaction Consideration Cash Due At Closing shall be reduced dollar for dollar by the A/R Adjustment. The “A/R Adjustment” shall equal the difference between the amount of accounts receivable Closing Date Accounts Receivable Accounts Receivable collected by the Surviving Corporation during such time period and Eight Four Hundred Thousand and 00/100 Dollars ($800,000.00400,000.00). PainCare shall receive payment for the A/R Adjustment through a lump sum cash payment from the Shareholder Member within seven (7) days after the end of the six (6) month period.

Accounts Receivable Adjustment. If the Surviving Corporation, within the six (6) month calendar period immediately following the Closing Date, does not collect a total of Eight One Hundred Fifty Thousand and 00/100 Dollars ($800,000.00150,000.00) in accounts receivable, then the Transaction Consideration shall be reduced dollar for dollar by the A/R Adjustment. The “"A/R Adjustment” " shall equal the difference between the amount of accounts receivable collected by the Surviving Corporation during such time period and Eight One Hundred Fifty Thousand and 00/100 Dollars ($800,000.00150,000.00). PainCare shall receive payment for the A/R Adjustment through a lump sum cash payment from the Shareholder within seven (7) days after the end of the six (6) month period.