OTHER RECEIVABLE Sample Clauses

OTHER RECEIVABLE. 28.1) A subsidiary has hired a freight forwarder in accordance with hiring agreement dated on September 18, 2007 and a deposit of Baht 7 million has been prepaid to comply with the term of this agreement. Consequently, such person has failed to render the services and refused to return all the deposit to the subsidiary. Hence, the subsidiary has forced two companies to effort the debt as a guarantor of this agreement, the details of the settlement method are shown below: 28.1.1) In accordance with the obligation acceptance letter dated September 24, 2007, a company is obligated to pay a debt in the amount of Baht 3.5 million by exchanging with the provided service charge that the subsidiary has to pay for utilizing such service based on a monthly rate of Baht 84,000. The first installment will be settled on October 31, 2007 and the rest of the installment at every ending of each month. The said account receivable has to fulfill the contractual obligation within December 31, 2008. 28.1.2) According to a price quotation and purchase order for account settlement dated October 11, 2007, a company has accepted an obligation to pay the amount of debt of Baht 3.5 million. The said company has compromised to settle the debt by exchanging its services with the subsidiary; however, this must be done under the price that is determined in the price quotation as mentioned above. Currently, the price quotation is under consideration of the subsidiary. At present, the company as above has quited and it makes the service and purchase goods proposals for liquidation are useless. So, the Company has been negotiating with the company of 5.1 to repay for the remaining debt in the amount of Baht 3.50 million. A subsidiary has fully reserved an allowance for doubtful debt of such uncollectible account receivable in amounting of Baht 7.0 million. Received repayment from the two guarantors companies as mentioned above will be recognized as another income within that receiving period. However, the subsidiary was already repaid at Baht 0.67 million during the year 2007. Therefore, the remaining allowance for doubtful debts as at December 31, 2007 amounted to Baht 6.33 million. For the year ended December 31, 2008 the subsidiary was repaid an additional amount of Baht
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OTHER RECEIVABLE. This account consisted of:- Other receivables, in pending of Court 3,152,035 3,152,035 3,152,035 3,152,035 Welfare for staff receivables 2,696,327 3,917,750 2,696,327 3,917,750 Other receivables 19,367,300 14,070,343 16,611,561 15,657,676 Advance 2,946,690 5,581,605 818,500 5,421,802 Total 28,162,352 26,721,733 23,278,423 28,149,263 Net 25,010,317 23,569,698 20,126,388 24,997,228 This account consisted of:- Baht Consolidated financial statements Separate financial statements 2017 2016 2017 2016 Medical 53,109,715 43,419,064 42,073,093 32,997,021 Medical supplies 23,767,294 20,803,687 14,288,712 12,478,975 Other supplies 27,779,548 27,591,000 24,411,297 24,081,371 Total 104,656,557 91,813,751 80,773,102 69,557,367
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OTHER RECEIVABLE. 27.1) A subsidiary has hired a freight forwarder in accordance with hiring agreement dated on September 18, 2007 and a deposit of Baht 7 million has been prepaid to comply with the term of this agreement. Consequently, such person has failed to render the services and refused to return all the deposit to the subsidiary. Hence, the subsidiary has forced two companies to effort the debt as a guarantor of this agreement, the details of the settlement method are shown below: 27.1.1) In accordance with the obligation acceptance letter dated September 24, 2007, a company is obligated to pay a debt in the amount of Baht 3.5 million by exchanging with the provided service charge that the subsidiary has to pay for utilizing such service based on a monthly rate of Baht 84,000. As at March 31, 2009, its subsidiary already received fulfill. 27.1.2) According to a price quotation and purchase order for account settlement dated October 11, 2007, a company has accepted an obligation to pay the amount of debt of Baht 3.5 million. The said company has compromised to settle the debt by exchanging its services with the subsidiary. At present, the company as above has quitted and it makes the service and purchase goods proposals for liquidation are useless. So, the Company has been negotiating with the company of 27.1.1 to repay for the remaining debt in the amount of Baht 3.50 million. As at December 31, 2009, its subsidiary already received in the amount of Baht 1.67 million.
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OTHER RECEIVABLE. This account consisted of:- Baht Consolidated financial statements Separate financial statements As at June 30, 2019 As at December 31, 2018 As at June 30, 2019 As at December 31, 2018 Other receivables, in pending of Court 3,152,035 3,152,035 3,152,035 3,152,035 Welfare for staff receivables 2,735,036 3,055,507 2,735,036 3,055,507 Other receivables 11,099,209 14,873,536 11,152,469 14,640,841 Advance 5,148,190 1,508,489 3,240,446 1,044,700 Total 22,134,470 22,589,567 20,279,986 21,893,083 Less Allowance for doubtful accounts (3,152,035) (3,152,035) (3,152,035) (3,152,035) Net 18,982,435 19,437,532 17,127,951 18,741,048 This account consisted of:- Consolidated financial statements/ Separate financial statements As at June 30, 2019 As at December 31, 2018 Accrued Income from capitation 6,643,888 6,094,750 Accrued Income from risk adjusted capitation 87,060,861 54,586,095 Accrued Income from Diagnosis Related Groups (DRGs) 81,657,665 73,562,835 Accrued Income from additional capitation 15,395,029 12,648,318 Accrued Income from health promotion 3,541,140 514,025 Accrued Income from quality medical services 12,445,597 12,805,493 Total 206,744,180 160,211,516 On February 19, 2018, the Company was notified the result of information check of medical service for DRGs high cost disease for the year 2015 from the Social Security Office by random check not less than 10% of the amount of information available to represent information for all medical service. The result identified the error 55.83% representing the value expected to be sought return from the Social Security Office for the amount Baht 34.41 million. The Company has sent the argument to explain to the Social Security Office No.1 to process reviewing the checking result. The Company expects to be requested for money return from the Social Security Office approximately Baht 30 million. Therefore, the Company records to reduce the revenue-in-patient service by DRGs disease group in the amount of Baht 30 million and records as accrued income pending return to the Social Security Office by the same amount in 2018. On May 31, 2019, the Company has received a letter from the Social Security Office Ror.Ngor.0626/19857 notifying the information check and seeking money refund from medical service for high cost disease ( DRGs) for the year 2015 to have error 23.74% from the amount of money to receive total service in 2015 totaling Baht 14.63 million. Therefore, the Company has to reduce accrued income pending return ...
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OTHER RECEIVABLE. Quo Advertising agreed to assign all its Other Receivable as of December 31, 2009 to Linkrich Enterprise or its assignee on January 1, 2010, and to notify the relevant customers to make remittance directly to the bank account of Linkrich Enterprise or its assignee. In the event that Quo Advertising receives any relevant payment directly, Quo Advertising and Linkrich Enterprise shall clear such balance according to Clause 1.9 – Settlement of Accounts as stated in this Agreement.
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OTHER RECEIVABLE. This account consisted of:- Consolidated financial statements Separate financial statements 2019 2018 2019 2018 Other receivables, in pending of Court 3,152,035 3,152,035 3,152,035 3,152,035 Welfare for staff receivables 2,422,056 3,055,507 2,422,056 3,055,507 Other receivables 41,488,363 14,873,536 38,479,765 14,640,841 Advance 1,341,193 1,508,489 476,882 1,044,700 Prepaid expenses Total Less Allowance for doubtful accounts 20,049,279 10,486,546 13,552,875 5,124,771 68,452,926 33,076,113 58,083,613 27,017,854 (3,152,035) (3,152,035) (3,152,035) (3,185,035) Net 65,300,891 29,924,078 54,931,578 23,865,819
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OTHER RECEIVABLE. 27.1) A subsidiary has hired a freight forwarder in accordance with hiring agreement dated on September 18, 2007 and a deposit of Baht 7 million has been prepaid to comply with the term of this agreement. Consequently, such person has failed to render the services and refused to return all the deposit to the subsidiary. Hence, the subsidiary has forced two companies to effort the debt as a guarantor of this agreement, the details of the settlement method are shown below: 27.1.1) In accordance with the obligation acceptance letter dated September 24, 2007, a company is obligated to pay a debt in the amount of Baht 3.5 million by exchanging with the provided service charge that the subsidiary has to pay for utilizing such service based on a monthly rate of Baht 84,000. The first installment will be settled on October 31, 2007 and the rest of the installment at every ending of each month. The said account receivable has to fulfill the contractual obligation within December 31, 2008. As at March 31, 2009, its subsidiary already received fulfill. 27.1.2) According to a price quotation and purchase order for account settlement dated October 11, 2007, a company has accepted an obligation to pay the amount of debt of Baht 3.5 million. The said company has compromised to settle the debt by exchanging its services with the subsidiary; however, this must be done under the price that is determined in the price quotation as mentioned above. Currently, the price quotation is under consideration of the subsidiary. At present, the company as above has quited and it makes the service and purchase goods proposals for liquidation are useless. So, the Company has been negotiating with the company of 27.1.1 to repay for the remaining debt in the amount of Baht 3.50 million. In quarter 1/2009, its subsidiary already received in the amount of Baht 0.06 millon.
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Related to OTHER RECEIVABLE

  • Previously Reviewed Receivable If any Asset Review Receivable was included in a prior Asset Review, the Asset Representations Reviewer will not perform any Tests on it, but will include the results of the previous Tests in the Asset Review Report for the current Asset Review.

  • Receivables (a) No amount payable to such Grantor under or in connection with any Receivable is evidenced by any Instrument or Chattel Paper which has not been delivered to the Administrative Agent. (b) None of the obligors on any Receivables is a Governmental Authority. (c) The amounts represented by such Grantor to the Lenders from time to time as owing to such Grantor in respect of the Receivables will at such times be accurate.

  • Collection of Accounts Receivable At the Closing, the Seller will turn over to the Buyers, for collection only, the accounts receivable of the Station owing to the Seller as of the close of business on the Closing Date. A schedule of such accounts receivable will be delivered by the Seller to the Buyers on the Closing Date or as soon thereafter as possible. The Buyers agree to use commercially reasonable efforts in the ordinary course of business (but without responsibility to institute legal or collection proceedings) to collect such accounts receivable during the 120-day period following the Closing Date, and will remit all payments received on such accounts during each calendar month during this 120-day period on the one hundred twentieth (120th) day together with an accounting of all payments received within such period. The Buyers shall have the sole right to collect such accounts receivable during such one hundred twenty (120) day period. In the event the Buyers receive monies during the 120-day period following the Closing Date from an advertiser who, after the Closing Date, is advertising over any of the Station, and that advertiser was included among the accounts receivable as of the Closing Date, the Buyer shall apply said monies to the oldest outstanding balance due on the particular account, except in the case of a "disputed" account receivable. For purposes of this Section 6(d), a "disputed" account receivable means one which the account debtor refuses to pay because he asserts that the money is not owed or the amount is incorrect. In the case of such a disputed account, the Buyers shall immediately return the account to the Seller prior to expiration of the 120-day period following the Closing Date. If the Buyers return a disputed account to the Seller, the Buyers shall have no further responsibility for its collection and may accept payment from the account debtor for advertising carried on any of the Station after the Closing Date. At the end of the 120-day period following the Closing Date, the Buyers will turn back to the Seller all of the accounts receivable of the Station as of the Closing Date owing to the Seller which have not yet been collected, and the Buyers will thereafter have no further responsibility with respect to the collection of such receivables. During the 120-day period following the Closing Date, the Buyers shall afford the Seller reasonable access to the accounts receivable "aging list." The Seller acknowledges and agrees that the Buyers are acting as its collection agent hereunder for the sole benefit of the Seller and that Buyers have accepted such responsibility for the accommodation of the Seller. The Buyer shall not have any duty to inquire as to the form, manner of execution or validity of any item, document, instrument or notice deposited, received or delivered in connection with such collection efforts, nor shall the Buyers have any duty to inquire as to the identity, authority or rights of the persons who executed the same. The Seller shall indemnify Buyers and hold them harmless from and against any judgments, expenses (including attorney's fees) costs or liabilities which the Buyers may incur or sustain as a result of or by reason of such collection efforts.

  • Eligible Receivables Each Receivable included as an Eligible Receivable in the calculation of the Net Receivables Pool Balance as of any date is an Eligible Receivable as of such date.

  • Notes and Accounts Receivable All notes and accounts receivable of the Company, all of which are reflected properly on the books and records of the Company, are valid receivables subject to no setoffs, defenses or counterclaims, are current and, to the Company's Knowledge, collectible subject in each case only to the reserve for bad debts set forth on the face of the Most Recent Balance Sheet as adjusted for operations and transactions through the Closing Date in accordance with the past custom and practice of the Company.