Closing Date Accounts Receivable has the meaning ascribed to it in Section 1.03(a).

Closing Date Accounts Receivable means the aggregate dollar amount of accounts receivable of the Vendors related to the Business, including without restriction defaulted loans, all cheques returned unpaid, Loan Portfolio, accounts receivable, notes receivable and similar items in the process of collection owned or otherwise held by the Vendors as of the Effective Time. Closing Date Accounts Receivable does not include post dated cheques not related to a payday loan transaction or cheques deposited prior to the Closing Date that are returned on or after the Closing Date.

Closing Date Accounts Receivable. Section 5.22

Examples of Closing Date Accounts Receivable in a sentence

Following the termination of the Transition Period, IMS agrees to promptly remit to the Company any amounts in respect of accounts receivable arising from the CD Business after the Closing Date ("Accounts Receivable") that are collected or received by IMS or its Affiliates.

More Definitions of Closing Date Accounts Receivable

Closing Date Accounts Receivable has the meaning set forth in Section 2.7(a).

Closing Date Accounts Receivable shall have the meaning set forth in Section 6.3(j).

Closing Date Accounts Receivable means the Accounts Receivable of the Company as of the Closing Date and calculated consistent with past practices, with Accounts Receivable greater than 120 days from the date of invoice valued at fifty (50%) of the face value thereof, which shall be finally determined pursuant to Section 2.6.

Closing Date Accounts Receivable has the meaning ascribed to it in SECTION 1.03(A).

Closing Date Accounts Receivable means the aggregate dollar amount of accounts receivable of the Partnership at the time of Closing.

Closing Date Accounts Receivable means the aggregate dollar amount of accounts receivable of Cap Corp related to the Business immediately prior to the transfer of Assets to the Corporation.