Original Accounts definition
Examples of Original Accounts in a sentence
For purposes of this Agreement, the term "Original Accounts Receivable" shall mean, the total Accounts Receivables of the Domestic Business which constitute a part of the Assets as of the Closing Date.
All payments from any customer shall first be credited to the Original Accounts Receivable (as defined) unless a customer expresses specific disputes with respect to an outstanding ▇▇▇▇ or invoice, which dispute shall then be immediately brought to the attention of the Seller.
Since publication of the Original Accounts, there has been no material adverse change in its business or financial condition of the Guarantor.
Nothing in this Deed shall constitute or be deemed to constitute a waiver of the rights of any Finance Party under any of the Finance Documents or any amendment of the Finance Documents except as expressly set out in Clauses 2 (Waiver), 3 (Amendment to the Facility Agreement) and 4 (Amendment to the Original Accounts Agreement) above.
There has been no material adverse change in the financial condition of the Target since the date of the Original Accounts.