Common use of Accounts Payable and Receivable Clause in Contracts

Accounts Payable and Receivable. A true, accurate, and complete statement of the accounts payable and receivable of the Company as of November 30, 2007 is as set forth on Schedule 3.30 hereto. There has been no material change in the balance of accounts payable and accounts receivable since that date other than changes consistent with past practices of the Company in the ordinary course of business. All accounts payable and receivable are valid obligations arising from sales actually made or services actually performed by the Company in the ordinary course of business. All accounts receivable are collectible in the ordinary course of business.

Accounts Payable and Receivable. A true, accurate, and complete summary statement of the accounts payable and receivable of the Company as of November September 30, 2007 is as set forth on Schedule 3.30 3.29 hereto. There has been no material change in the balance of accounts payable and accounts receivable since that date other than changes consistent with past practices of the Company in the ordinary course of business. All accounts payable and receivable are valid obligations arising from sales actually made or services actually performed by the Company in the ordinary course of business. All accounts receivable are collectible in the ordinary course of business.