Assignment of Accounts Receivable. If Vendor assigns payments to an assignee/factor, Vendor understands and agrees that Vendor and the assignee/factor will be required to sign Dealer's standard acknowledgment form to assure Dealer that the assignee/factor understands the rights and obligations being assigned, including the right of Dealer to make offsets.
Assignment of Accounts Receivable. If Manufacturer assigns payments to an assignee/factor, Manufacturer understands and agrees that Manufacturer and the assignee/factor shall be required to sign PDI’s standard acknowledgment form to assure PDI that the assignee/factor understands the rights and obligations being assigned, including the right of PDI to make offsets.
Assignment of Accounts Receivable. Client hereby sells, transfers and assigns to A/R Funding as absolute owner, and A/R Funding hereby purchases and accepts from Client, except as set forth hereafter, certain accounts receivable now or hereafter created by Client's sales or services to customers acceptable to and approved by A/R Funding and represented by Client to be bonafide existing obligations of its customers arising out of and acquired by it in its ordinary course of its business, which receivables are or will be due and owing to Client without defense, offset or counterclaim.
Assignment of Accounts Receivable. Within 90 days after the Closing Date, Parent may elect to assign to Shareholders any accounts receivable that were part of the calculation of Current Assets (as determined in accordance with Exhibit 1 attached hereto) and which remain uncollected for 60 days or more, and Shareholders shall purchase such accounts receivable from Parent for cash in the amount of the uncollected face amount. Thereafter, the Surviving Corporation shall use reasonable efforts to assist the Shareholders in collecting such receivables, provided that the Surviving Corporation shall not be required to make any expenditures in connection with such assistance.
Assignment of Accounts Receivable. CYNET agrees to assign, and AECsoft agrees to accept, all accounts receivable related to the Contracts as of January 5, 2001 as indicated in Exhibit "C." Such accounts receivable shall include any and all past due amounts, as well as any future revenue to be derived from the Contracts. In connection with the assignment such accounts receivable, AECsoft will retain no current or future revenue obligations to CYNET. Moreover, AECsoft may directly xxxx former CYNET clients for any and all client-approved maintenance, modifications and creations, which CYNET did not xxxx prior to the signing of this Agreement.
Assignment of Accounts Receivable. At the Closing Time, the Vendor and SoftQuad shall cause Alpha Software Corporation to execute and deliver an assignment in favour of the Purchaser of all of Alpha Software Corporation's accounts receivable owing from Xxxxxx Micro Inc. derived from the sale of HoTMetaL software.
Assignment of Accounts Receivable. In the event that Purchaser makes a claim against Sellers for a breach of Section 3.7 due to an account receivable not being collected, then Purchaser agrees to cause the account receivable in question to be assigned to Sellers and Sellers will have the right to attempt to collect such receivable for the account of the Sellers.
Assignment of Accounts Receivable. GWB hereby sells, transfers and assigns to Butte Creek as absolute owner, and Butte Creek hereby purchases and accepts from GWB, except as set forth hereafter, certain accounts receivable now or hereafter created by GWB’s sales to customers acceptable to and approved by Butte Creek and represented by GWB to be bona fide existing obligations of its customers arising out of and acquired by it in its ordinary course of its business, which receivables are or will be due and owing to client without defense, offset or counterclaim.
Assignment of Accounts Receivable. An Assignment of Accounts Receivable from the Head Lessee to and in favour of the Purchaser in accordance with Section 9.2.3 hereof.
Assignment of Accounts Receivable. Within 180 days after the Closing Date, Buyer may elect to assign to Sellers any accounts receivable that were part of the calculation of the Working Capital Adjustment and which remain uncollected for 120 days or more, and Sellers shall purchase such accounts receivable from Buyer for cash in the amount of the uncollected face amount, less any allowance for doubtful accounts reflected in the calculation of Net Working Capital based on the financial statements of the Company.
