Examples of Seller Accounts in a sentence
ATS shall not be obligated to use any extraordinary efforts to collect any of the Seller Accounts Receivable assigned to it for collection hereunder or to refer any of such Seller Accounts Receivable to a collection agency or to any attorney for collection, and ATS shall not make any such referral or compromise, nor settle or adjust the amount of any such Seller Accounts Receivable, except with the approval of Seller.
During and after the Collection Period, without specific agreement with ATS to the contrary, neither Seller nor any of its Subsidiaries nor any of its or their agents shall make any direct solicitation of the Seller Accounts Receivable for collection purposes, except for the Seller Accounts Receivable retained by Seller or any of the Seller Subsidiaries after the Collection Period.
Any amounts relating to the Seller Accounts Receivable that are paid directly to Seller shall be retained by Seller, but Seller shall provide Buyer with prompt notice of any such payment.
ATS shall use the same procedures and efforts which it uses with respect to its own accounts receivable to collect the Seller Accounts Receivable for a period of one hundred twenty (120) days after the Closing Date (the "Collection Period").
Subject to and limited by the following, revenues relating to the Seller Accounts Receivable will be for the account of Seller and the Seller Subsidiaries.