OTHER RECEIVABLE Sample Clauses

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:
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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 8. ACCRUED INCOME This account consisted of:- Baht 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...
Sample 1
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.
Sample 1
OTHER RECEIVABLE. This account consisted of:- Baht 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
Sample 1

Related to OTHER RECEIVABLE

  • Receivable A retail instalment sale contract or direct purchase money loan for a Financed Vehicle that is included in the Schedule of Receivables and all rights and obligations thereunder.

  • 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) Other than in the ordinary course of business consistent with its past practice, such Grantor will not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

  • Collection of Accounts Receivable At Closing, Seller will deliver Seller's existing accounts receivable on the Accounts Receivable List. Such Accounts Receivable List will be used by Buyer for purposes of collection only for the period of one hundred twenty (120) days immediately following Closing (the "Collection Period"). Acting as Seller's agent, during the Collection Period Buyer shall have the exclusive right to and shall make commercially reasonable efforts to collect Seller's accounts receivable listed on the Accounts Receivable List, but shall not be required to expend or advance any of its funds, to locate any debtor, or to institute or defend any suit, action, claim, or counterclaim in any legal or equitable proceeding. Under no circumstances shall Buyer be required to engage counsel or any outside collection agency or facility in collecting Seller's accounts receivable. Payments received on an account from any customer of Buyer that is an account debtor for an account of Seller on the Accounts Receivable List shall be applied first to the Seller's account on such list, unless such customer shall designate some other application of such payment or shall contest the account receivable, in which case Buyer shall promptly notify Seller of such designation or contest and return to Seller the account relating to such customer and thereafter shall have no further obligation with respect thereto. If Seller requests, Buyer also shall promptly return to Seller any account of Seller that is over 90 days old, and Buyer shall have no further obligation with respect to such account. Buyer shall transmit all monies collected on Seller's accounts receivable to Seller within fifteen (15) days after the end of each month in which such monies are collected. Upon expiration of the Collection Period, Buyer shall be relieved of all responsibility for, or to attempt collection of, Seller's accounts receivable, and thereafter Seller alone shall be responsible for collection of any balances due on such accounts. Within twenty (20) days after expiration of the Collection Period, Buyer will make final payment to Seller of the amounts collected on Seller's accounts and shall return to Seller each then uncollected Seller's account together with a final statement of the accounts outstanding.

  • 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 are reflected properly on their books and records, are valid receivables subject to no setoffs or counterclaims, are current and collectible, and will be collected in accordance with their terms at their recorded amounts, subject only to the reserve for bad debts set forth on the face of the balance sheet included in the Interim Financial Statements (rather than in any notes thereto) as adjusted for the passage of time through the Closing Date in accordance with the past custom and practice of the Company.

  • Characteristics of Receivables As of the Cut-Off Date (or such other date as may be specifically set forth below), each Receivable:

  • Accounts and Notes Receivable Schedule 5.11 sets forth an accurate list of the accounts and notes receivable of the Company, as of the Balance Sheet Date, including any such amounts which are not reflected in the balance sheet as of the Balance Sheet Date, and including receivables from and advances to employees and the Stockholders, which are identified as such. Except to the extent reflected on Schedule 5.11, such accounts, notes and other receivables are collectible in the amounts shown on Schedule 5.11, net of reserves reflected in the balance sheet as of the Balance Sheet Date.

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