Bank Accounts; Receivables. (a) Part 2.7(a) of the Disclosure Schedule provides accurate information with respect to each account maintained by or for the benefit of the Company at any bank or other financial institution.
Bank Accounts; Receivables. (a) Part 2.7(a) of the Company Disclosure Schedule provides accurate information with respect to each account maintained by or for the benefit of the Company at any bank or other financial institution.
Bank Accounts; Receivables. On the expiration or termination of this Agreement or the termination of Manager, as applicable, Manager shall disburse all of Tenant’s funds or other funds generated by the Managed Facility in the Bank Accounts to Tenant. All receivables of the Managed Facility outstanding as of the effective date of termination or expiration of this Agreement or termination of Manager, as applicable, shall continue to be the property of Tenant. Manager will turn over to Tenant any receivables collected directly by Manager after the effective date of termination or expiration of this Agreement or termination of Manager, as applicable.
Bank Accounts; Receivables. On the expiration or termination of this Agreement, Manager shall either, at Owner’s election, (a) terminate all Bank Accounts and disburse all funds therein to Owner or (b) terminate the authority of Manager’s authorized signatories to draw funds from the Bank Accounts and cause the Persons designated by Owner to become authorized signatories. All receivables of the Managed Facilities outstanding as of the effective date of termination or expiration of this Agreement shall continue to be the property of Owner. Manager will turn over to Owner any receivables collected directly by Manager after the effective date of termination or expiration of this Agreement.
Bank Accounts; Receivables. (a) Part 2.7(a) of the Company Disclosure Schedule accurately sets forth, with respect to each account or credit line maintained by or for the benefit of each Acquired Corporation at any bank or financial institution:
Bank Accounts; Receivables. (a) Section 3.9(a) of the Seller Disclosure Schedule provides accurate information with respect to each account maintained by or for the benefit of the Company or any Subsidiary at any bank or other financial institution including the name of the bank or financial institution, the account number, the names of all signatories and the balance as of the date hereof.
Bank Accounts; Receivables. (a) Part 2.7(a) of Merger Partner Disclosure Schedule provides accurate information with respect to each account maintained by or for the benefit of Merger Partner or any Merger Partner Subsidiary at any bank or other financial institution, including the name of the bank or financial institution, the account number, the balance as of May 31, 2010 and the names of all individuals authorized to draw on or make withdrawals from such accounts.
Bank Accounts; Receivables. All existing accounts receivable of the 501 Company (including those accounts receivable reflected on the 501 Company Proforma Balance Sheet that have not yet been collected and those accounts receivable that have arisen since September 30, 2005 and have not yet been collected) represent valid obligations of customers of the 501 Company arising from bona fide transactions entered into in the ordinary course of business. Such accounts receivable are collectible within 60 days (net of an allowance for doubtful accounts) and are not subject to any contest, claim or right of set-off other than refunds in the ordinary course of business and consistent with past practice.
Bank Accounts; Receivables. (a) Part 2.21(a) of the Potomac Disclosure Schedule provides accurate information with respect to each account maintained by or for the benefit of Potomac or any Potomac Subsidiary at any bank or other financial institution, including the name of the bank or financial institution, the account number, the balance as of June 27, 2014 and the names of all individuals authorized to draw on or make withdrawals from such accounts.
Bank Accounts; Receivables. (a) Part 2.7(a) of the Disclosure Schedule provides accurate information with respect to each account maintained by or for the benefit of Ibex at any bank or other financial institution.
