Accounts Receivable definition

Accounts Receivable has the meaning set forth in Section 2.01(a).

Accounts Receivable means all Accounts and all right, title and interest in any returned goods, together with all rights, titles, securities and guarantees with respect thereto, including any rights to stoppage in transit, replevin, reclamation and resales, and all related security interests, liens and pledges, whether voluntary or involuntary, in each case whether now existing or owned or hereafter arising or acquired.

Accounts Receivable means all accounts receivable, bills receivable and trade accounts of Company and its Subsidiaries and any other amount due to Company or any of its Subsidiaries, including any refunds and rebates receivable, and the benefit of all security, guarantees and other collateral held by Company or any of its Subsidiaries, recorded as receivable in the books and records in accordance with GAAP.

Examples of Accounts Receivable in a sentence

• Any Accounts Receivable, or portion thereof, that are billed by NATIONAL GRID under this Agreement and for which payment is received by ESCO from Customers shall be held by ESCO in trust as the property of NATIONAL GRID and shall be remitted in full to NATIONAL GRID immediately, and in any event within 5 Business Days of receipt, without any deduction or setoff by ESCO.

• NATIONAL GRID agrees to calculate the Accounts Receivable, based upon the Billing Price Determinants in effect, and include on NATIONAL GRID bills to Customers such calculated amount along with any and all NATIONAL GRID Tariff charges and surcharges, if applicable, for energy services provided by NATIONAL GRID in connection with ESCO's supply of the Energy Commodity to Customers.

• NATIONAL GRID shall thereafter have no obligation to include ESCO's Accounts Receivable on its bills to Customers.

• Such cooperation shall include, but not be limited to, supplying NATIONAL GRID with all information and assistance that may be necessary or helpful to NATIONAL GRID in establishing the accuracy of any Accounts Receivable or in correcting any errors.

• In the event NATIONAL GRID determines that a refund is owed to ESCO with respect to any purchase of Accounts Receivable hereunder, NATIONAL GRID will either make such refund, or credit ESCO’s account, within 10 days after its determination.

More Definitions of Accounts Receivable

Accounts Receivable any right to payment for goods sold or leased or for services rendered, which is not evidenced by an instrument (as defined in the Code) or Chattel Paper.

Accounts Receivable has the meaning set forth in Section 3.9.

Accounts Receivable. (a) all trade accounts receivable and other rights to payment from customers of Seller and the full benefit of all security for such accounts or rights to payment, including all trade accounts receivable representing amounts receivable in respect of goods shipped or products sold or services rendered to customers of Seller, (b) all other accounts or notes receivable of Seller and the full benefit of all security for such accounts or notes and (c) any claim, remedy or other right related to any of the foregoing.

Accounts Receivable means accounts receivable (billed and unbilled), trade receivables, and other similar receivables, and any security, claim, remedy, or other right related to any of the foregoing.

Accounts Receivable as defined in Section 3.8.

Accounts Receivable means any and all rights of the Obligors to payment for goods sold and/or services rendered, including accounts, general intangibles and any and all such rights evidenced by chattel paper, instruments or documents, whether due or to become due and whether or not earned by performance, and whether now or hereafter acquired or arising in the future, and any proceeds arising therefrom or relating thereto.

Accounts Receivable means all of Borrower's now owned or hereafter acquired (a) "accounts" (as such term is defined in the UCC), other receivables, book debts and other forms of obligations, whether arising out of goods sold or services rendered or from any other transaction; (b) rights in, to and under all purchase orders or receipts for goods or services; (c) rights to any goods represented or purported to be represented by any of the foregoing (including unpaid sellers' rights of rescission, replevin, reclamation and stoppage in transit and rights to returned, reclaimed or repossessed goods); (d) moneys due or to become due to such Borrower under all purchase orders and contracts for the sale of goods or the performance of services or both by Borrower (whether or not yet earned by performance on the part of Borrower), including the proceeds of the foregoing; (e) any notes, drafts, letters of credit, insurance proceeds or other instruments, documents and writings evidencing or supporting the foregoing; and (f) all collateral security and guarantees of any kind given by any other Person with respect to any of the foregoing.