Common use of Collectability of Accounts Receivable Clause in Contracts

Collectability of Accounts Receivable. the accounts receivable shown in the Financial Statements or acquired after the date thereof by the Company have been recorded by the Company in accordance with its usual accounting practices;

Collectability of Accounts Receivable. the The accounts receivable and other debts due to the Purchased Companies shown in the Financial Statements or acquired arising after the date thereof by the Company have been recorded by the Company Purchased Companies in accordance with its their usual accounting practicespractices consistent with prior periods. The reserve taken for doubtful or bad debtor accounts is consistent with the accounting procedures used by the Purchased Companies in previous fiscal periods;