Account Receivable Sample Clauses

Account Receivable. CONTRACTOR shall not seek payment from

Account Receivable. The Design Professional shall retain the right to pledge payment(s) due and payable under this agreement to third parties.

Account Receivable. 8.1 All accounts receivable related to ViSS business before the closing date (refer to Appendix G Collection Assistance Agreement for breakdown and amount) shall not be transferred to Vimicro. Up to August of 2009, the total amount of accounts receivable is estimated to be RMB fifty six million one hundred and seventy five thousand and thirty nine yuan (RMB56,175,039). 8.2 Vimicro shall endeavor to assist ASB to collect relevant accounts receivable above defined, including but not limited to designate relevant personnel to negotiate with customers. Vimicro will enter into a specific Collection Assistance Agreement (Appendix G) with ASB. 8.3 With regards to collection assistance provided by Vimicro, ASB shall pay Vimicro some commission, the amount of which shall be calculated pursuant to the proportion of amount actually collected by ASB to the total amount of accounts receivable. The commission ratio of accounts receivable in Y06/07 contracts shall be 10%, and 5% for Y08/09 contracts. 8.4 At the end of each quarter, the Parties shall verify and determine the actually collected amount of accounts receivable and amount of commission payable. The amount of commission shall be calculated on a quarterly basis based on data of the last quarter, and paid to Vimicro within twenty (20) working days of the next quarter.

Account Receivable. CONTRACTOR is responsible for billing Medicare.

Account Receivable. CONTRACTOR is responsible for billing Medicare. CONTRACTOR shall not seek payment from any other source, and shall not seek compensation directly from CLIENT. CONTRACTOR invoice to COUNTY will be net of amount of any Medicare and third party payment received.

Account Receivable. (i) reconciliation from the A/R aged trial balance to the G/L to the financial statements as of most current month end; (ii) access to summary aged trial balance reports September 2002 through most current month end and hardcopy and electronic file (Lotus, Excel, Text, or print files) of the most current month end summary aged trial balance report, if possible; (iii) summary schedule of A/R agings per the A/R trial balance reports by month September 2002 through most current month end; (iv) summary schedule reconciling beginning A/R to ending A/R per the A/R aging system by month for the period September 2002 through most current month end by major classification (i.e. gross sales, debit memos issued, A/R cash received, returns & allowances, cash discounts, bad debt write-offs, volume rebates, credit memos, etc) and access to supporting data/reports. Receivables balances should agree to aging reports and credits must be segregated from sales; (v) schedule of receivables by selling terms as of most current month end; (vi) aged schedule of foreign receivables included in the Trade Receivables Program including selling terms (Letters of Credit, Site Draft, etc.) and country of origin as of most current month end. Segregate the schedule by eligible countries receivables and ineligible country receivables. For eligible country foreign receivables please also provide a breakdown of the country balance by foreign currency invoiced; (vii) aged schedule of inter-company receivables included in the aged A/R trial balance(s) as of most current month end, if any; (viii) aged schedule of receivables from government agencies as of most current month end, if any; (ix) schedule of charge-backs and/or debit memos included in the aged A/R trial balance as of most current month end by aging category; (x) aged schedule of bankrupt customer receivables included in the aged A/R trial balance as of most current month end, if any; (xi) aged schedule of top twenty five customer A/R balances per the aged trial balance at most current month end (Customers should be grouped by ultimate parent including multiple account numbers, ship to's and subsidiaries, if necessary); (xii) aged schedules of all customers with more than 35% of their receivable balance more than 60 days past due date as of most current month end; (xiii) aged schedule of unapplied credit memos included in the A/R aging as of most current month end; (xiv) written description of the current status of significant past d...

Account Receivable. At the Closing, the Seller will deliver to the Purchaser a schedule of the accounts receivable of the Business. Subject to the terms and provisions of this Section 6.13, the Purchaser agrees to collect the accounts receivable in the manner regularly pursued by the Purchaser with respect to the collection of accounts receivable and in the ordinary course of business. (a) The Purchaser shall use commercially reasonable efforts to collect the accounts receivable of the Seller outstanding on the Closing Date for a period of one hundred twenty (120) calendar days after the Closing. The Purchaser shall remit all amounts so collected to an account designated by the Seller, net of commission fees (as directed by the Seller) on a bi-monthly basis, beginning within fifteen (15) days after the Closing until the end of such one hundred twenty (120) calendar day period. Promptly after the expiration of the one hundred twenty (120) day period, the Purchaser shall deliver to the Seller (i) a statement or report showing all collections, (ii) a check or draft in an amount equal to the aggregate amount of the collections then due to the Seller and not previously delivered, and (iii) all records of uncollected accounts receivable after which the Seller shall have the right to collect such uncollected accounts receivable. In the collection of accounts receivable, all payments received by the Purchaser from account debtors will be applied first to accounts receivable of that account debtor arising prior to the Closing, if any, in the order of their origination unless disputed by that account debtor. The Purchaser or the Seller will promptly deliver to the other a true copy of any notice of a dispute as to the validity or enforceability of an account receivable received from an account debtor, and at the election of the Seller, the Purchaser shall immediately remit such disputed account to the Seller for collection. The Purchaser shall not agree to any settlement, discount, or reduction of any account receivable without the prior written consent of the Seller. The Purchaser's collection obligation under this Section 6.14 shall not include any obligation to bring suit, engage a collection agent, or take any other legal action for the collection of any account receivable. All amounts due to the Seller under this subsection that are not paid in accordance with the provisions hereof shall bear interest until paid at a rate per annum equal to the lesser of (a) the generally prevaili...

Account Receivable. All accounts receivable, book debts and other debts due or accruing to any Acquired Corporation are bona fide and, subject to an allowance for doubtful accounts, have been reflected on the books of the Acquired Corporations in accordance with applicable Laws and IFRS and otherwise on a basis consistent with prior periods, and except to the extent paid before the Closing Date, are collectible without set-off or counterclaim.

Account Receivable. Except as set forth in Exhibit 3.19, all accounts receivable shown in the Accounts are good and collectible in the ordinary course of business.