Acquired Accounts Receivable definition

Acquired Accounts Receivable has the meaning set forth in Section 2.3(c).

Acquired Accounts Receivable means any accounts or notes receivable of Sellers that are not an Excluded Accounts Receivable, including (i) all trade accounts receivable and other rights to payment from customers of Sellers, which amounts as of the Closing Date are less than 90 days past due (based on the date of invoice for such accounts receivable), and the full benefit of all security for such accounts or rights to payment, including all trade accounts receivable representing amounts receivable in respect of services rendered to customers of Sellers, which amounts as of the Closing Date are less than 90 days past due (based on the date of invoice for such accounts receivable), (ii) all other accounts or notes receivable of Sellers, which amounts as of the Closing Date are less than 90 days past due (based on the date of invoice for such accounts or notes receivable), and the full benefit of all security for such accounts or notes; (iii) any revenue of the Business generated on or prior to the Closing Date that has not yet been invoiced by Sellers as of the Closing Date; and (iv) any claim, remedy or other right related to any of the foregoing;

Acquired Accounts Receivable shall have the meaning set forth in Section 1.1.1.

Examples of Acquired Accounts Receivable in a sentence

• A Buyer Indemnitee shall not be entitled to indemnification under the terms of this Article V for the uncollected amount of an Acquired Accounts Receivable if the full amount of such uncollected Acquired Accounts Receivable is repurchased from Buyer by Seller in accordance with Section 4.9(a).

• To the extent that all or any portion of an Acquired Accounts Receivable purchased by Buyer pursuant to this Agreement is not collected by Buyer within 120 days following the Closing Date, after notice by Buyer to Seller to such effect, Seller shall promptly purchase such Acquired Accounts Receivable from Buyer for an amount equal to the full amount of such uncollected Acquired Accounts Receivable and Seller shall thereafter have the right to pursue collection of such Acquired Accounts Receivable.

• Calculation of Interest Revenue from Acquired Accounts Receivable As described in Note 4 to the accompanying financial statements, interest revenue from acquired accounts receivable consists of small amounts from a large number of debtors; interest revenue is recognized throughout the periods of individual receivable acquisition contracts using effective interest rates.

• Also characteristic of other Latin American methods in that time frame.

• Except as set forth on Schedule 3.19, there is no debtor with respect to any of the Acquired Accounts Receivable that has refused or threatened to refuse to pay its obligations for any reason, no debtor with respect to any Acquired Account Receivable is insolvent or bankrupt and none of the Acquired Accounts Receivable are pledged to any Third Party by Seller.

More Definitions of Acquired Accounts Receivable

Acquired Accounts Receivable means (i) all trade accounts receivable and other rights to payment from customers of Seller, which amounts as of the Closing Date are less than 90 days past due (based on the date of invoice for such accounts receivable), and the full benefit of all security for such accounts or rights to payment, including all trade accounts receivable representing amounts receivable in respect of services rendered to customers of Seller, which amounts as of the Closing Date are less than 90 days past due (based on the date of invoice for such accounts receivable), (ii) all other accounts or notes receivable of Seller, which amounts as of the Closing Date are less than 90 days past due (based on the date of invoice for such accounts or notes receivable), and the full benefit of all security for such accounts or notes; (iii) any revenue of the Business generated on or prior to the Closing Date that has not yet been invoiced by Seller as of the Closing Date; and (iv) any claim, remedy or other right related to any of the foregoing.

Acquired Accounts Receivable means all those accrued interest and other accounts

Acquired Accounts Receivable. “Acquired Inventory” and “Acquired Prepaid Expenses” have the meanings set forth in Section 2.1.

Acquired Accounts Receivable means all accounts receivable of the Target which are unpaid as of the Closing Date and which are listed on Disclosure Schedule 7(aa).

Acquired Accounts Receivable means the trade accounts receivable of the Acquired Companies as of any determination date and time hereunder.

Acquired Accounts Receivable shall have the meaning set forth in Section 2.01(a)(iii).

Acquired Accounts Receivable means any trade accounts receivable, amounts to be paid for work in process, notes receivable, other receivables and all other rights to payment owed to any Seller to the extent related to the EPSi Business, including those accounts receivable and current assets included in the calculation of the Final Closing Date Net Working Capital and including Aged A/R.