Dollar Days definition
Dollar Days means with respect to Receivables assigned hereunder in any month, the number of days from the end of the month in which each invoice or credit is assigned to its due date (based upon longest or shortest payment terms as you may elect) multiplied by the dollar amount of each such invoice or credit, net of discounts.
Dollar Days means with respect to Receivables assigned hereunder in any month, the number of days from the end of the month in which each invoice or credit is assigned to its due date (based upon longest or shortest payment terms as you may elect) multiplied by the dollar amount of each such invoice or credit, net of discounts. (h) "Net Sales" shall mean the gross face amount of Receivables less discounts offered to, and any credits received by or allowed to our customers. In computing "Net Sales" you may in your discretion treat (1) discounts offered to our customers as having been taken by such customers on the largest discount offered to them, and (2) all discounts used in such computation also as being applicable to postage, freight, and incidental charges. (i) "Obligations" shall mean all loans, advances, indebtedness, liabilities, debit balances, covenants and duties and all other obligations of whatever kind or nature at any time or from time to time owed by us to you or any of your Affiliates, whether fixed or contingent, due or to become due, no matter how or when arising and whether under this or any other Agreement or otherwise and including all obligations for purchases made by us from any other concern factored by you. (j) "Receivables" (or "Receivable" in the singular) shall mean and include all accounts, and all other obligations of customers of ours arising out of the sale and delivery of goods by us (whether now existing or hereafter created) which are designated by us as being factored by you. (k) "Republic Reference Rate" shall mean the lending rate established by Republic National Bank of New York from time to time at its principal domestic office as its reference lending rate for domestic commercial loans. (l) "Settlement Date" shall mean the Average Weighted Due Date of all Receivables assigned during such month plus five Business Days.
Dollar Days and other similar programs, consisting of a broad array of low price, high value household goods together with in-store display and print advertising, (ii) replenishment programs, i.e., ongoing programs consisting of a broad array of low price, high value household goods displayed in a promotion format, and (iii) electric table lamps for basic stock lines. During the Employment Period and for two years thereafter, Executive shall not individually or on behalf of or in conjunction with any other person or entity (except on behalf of the Company):
(a) directly or indirectly own, manage, operate or otherwise be engaged in, be employed by, contract with, participate in, or be connected in any manner with the ownership, management, operation, or control of any corporation, partnership, proprietorship, or other entity engaged in the business of the Company as defined above,
(b) solicit the trade of or do business with the suppliers, vendors or customers of the Company or its subsidiaries or affiliates for any business purpose that is in competition with the Company's business as defined above,
(c) directly or indirectly hire any employee of the Company or its subsidiaries or affiliates or solicit or induce any employee of the Company or its subsidiaries or affiliates to leave the employ of the Company for any reason whatever.
Examples of Dollar Days in a sentence
Stores may e lec t to work th eir employes u n til nine P.M. on two Saturdays prior to Easter in lieu of the two Dollar Days and Downtown Day.
More Definitions of Dollar Days
Dollar Days means with respect to