Outstanding Accounts Clause Samples
The Outstanding Accounts clause defines how unpaid or pending financial obligations between parties are to be handled under the agreement. Typically, it outlines the process for identifying, notifying, and settling any amounts that remain due after certain events, such as contract termination or the completion of services. This clause ensures that all outstanding debts are clearly accounted for and paid, thereby preventing disputes over unpaid balances and providing a clear mechanism for financial closure between the parties.
Outstanding Accounts. The architectural professional may give the client notice of intention to stop work if payment on any account has not been received within 7 (seven) calendar days of issue of the notice. If payment has not been received by this time, the architectural professional may stop any work and/or service until such payment has been received.
Outstanding Accounts. Credit/Debit Card Receivables due from major credit card or debit card processors that have been outstanding for more than five (5) Business Days from the date of sale;
Outstanding Accounts. At the time of application, you must not have any outstanding accounts with us that are due and owing to us. StarHub reserves the sole and absolute discretion to determine your entitlement to the Services and may reject any application.
Outstanding Accounts. The parties will be jointly and severally liable for any unpaid mediation accounts.
Outstanding Accounts. The Parties, the Company and ADB Systems International Ltd Ireland shall - consistent with the settlement regulations attached hereto as Schedule 1 - have agreed in writing on the total amount of outstanding accounts between the Company on the one hand and the Seller and ADB Systems International Ltd in Ireland on the other hand, including any claims for Company provided services, after which the amount owing to the Company is to be set off against Seller`s claim for the Purchase Price according to Article 5.
Outstanding Accounts. Candidate acknowledges and agrees that the University shall place a hold on their student account and will not release the Candidate’s transcript, certification documentation, or other documents until the Candidate meets all payment obligations hereunder.
Outstanding Accounts. By August 29, 2025 (the “Payment Date”), Sponsor and SPAC shall take all actions necessary to ensure that SPAC has fully satisfied, discharged and/or paid all of SPAC’s Paid-Off Liabilities and Written Off Liabilities (each as defined below) incurred as of June 30, 2025 (other than Warrant liabilities). By the Payment Date, Acquirer shall take all actions necessary to ensure that SPAC has been fully reimbursed for all Pre-Paid Liabilities (as defined below). As of and following the Closing Date, Acquiror shall be responsible for funding the on-going expenses of the SPAC, including, if applicable, funding required payments into the trust account to effect any extension, legal, accounting and administrative expenses, including the costs of searching for and negotiating and implementing a Business Combination, and the Seller shall have no obligation to contribute any funds to cover any such obligations. Within 30 days of Closing, Acquirer shall conduct a reconciliation of all Paid-Off Liabilities and Written Off Liabilities of the SPAC that remain outstanding on the Closing Date (other than Warrant liabilities), as well as a reconciliation of cash (outside of the Trust Account) remaining in the SPAC as of the Closing Date, and shall provide a copy of such reconciliation to Sponsor. To the extent that SPAC Paid-Off Liabilities and Written Off Liabilities (other than Warrant liabilities) exceed cash on-hand as of the Payment Date, Sponsor shall, within 10 days of receipt of the reconciliation, pay the difference to Acquirer. To the extent that SPAC Paid-Off Liabilities and Written Off Liabilities (other than Warrant liabilities) are less than cash on-hand as of the Payment Date, Acquirer shall, within 10 days of delivery of the reconciliation, pay the difference to Sponsor.
Outstanding Accounts. Accounts uncollected and unpaid. Overcharge. To charge more than agreed upon or more than the usual price.
Outstanding Accounts. In settlement of all outstanding trade accounts and contract claims by and between the Parties as of the date of this Agreement (except as provided for in Article 3 herein), Microdyne will pay to Novell the amounts specified below according to the following calculation and payment schedule:
(1) Calculation: $10,024,293 accounts payable due Novell at March 29, 1996 minus $3,489,293 for January 1996 royalty returns due to Microdyne
Outstanding Accounts. The parties are jointly and severally liable for any unpaid mediation accounts. Interest will be charged on any overdue accounts at the current rate. Initialed by: Party 1 Party 2 I, , Barrister and Solicitor, have reviewed the attached Agreement to Mediate (the "Agreement"). I have provided independent legal advice and fully explained to my client, , the meaning and intent of the Agreement. I have explained to my client that the Agreement is a "domestic contract" within the meaning of the Family Law Act and, as such, may be set aside by a court under certain circumstances. I certify that my client understands the need to make financial disclosure; understands the nature and consequences of this Agreement; is signing this Agreement voluntarily; and, is not signing this Agreement as a result of duress or undue influence by any person. I have screened my client for power imbalances and domestic violence. I certify that my client is fully able and willing to participate and instruct counsel in this mediation. Date: I, , confirm that I have received independent legal advice. I have read the above Certificate, and I understand and agree with the statements set out in it. Date: