Closed

Example Definitions of "Closed"
Closed. A Purchased Account is closed upon the first to occur of (i) receipt of full payment by Purchaser or (ii) the unpaid Face Amount has been charged to the Reserve Account by Purchaser pursuant to the terms hereof.
Found in XPLORE TECHNOLOGIES CORP contract
Closed. A Purchased Account is closed upon the first to occur of: (a) receipt of full payment by Amerisource, or (b) the unpaid Face Amount has been charged to the Reserve Account by Amerisource pursuant to the terms hereof.
Found in SMG Industries Inc. contract
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