Uncollectible Accounts definition

Uncollectible Accounts means accounts receivable that are over ninety (90) days old on the date of the Closing Balance Statement.
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Uncollectible Accounts means any account which has been closed.
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Uncollectible Accounts means accounts receivable arising from Net Sales which have not been paid within 90 days of the invoice date and which Parent determines in accordance with GAAP consistently applied and in a manner consistent with Parent’s normal accounting policies are not reasonably likely to be collectible and have not been collected as of the date on which the relevant Earn-Out Payment is made.
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Examples of Uncollectible Accounts in a sentence

  • Allowance for Uncollectible Accounts: No allowance for uncollectible accounts has been recorded as all amounts are considered collectible.

  • Allowance for Uncollectible Accounts Receivable primarily includes amounts previously written off which were credited directly to this account when recovered.

  • Controlling Uncollectible Accounts in Pennsylvania: A Blueprint for Action.

  • Allowance for Uncollectible Accounts – No allowance for uncollectible accounts has been recorded as all amounts are considered collectible.

  • A debit entry equal to the amounts paid to the Commission for reimbursement of rate case expenses billed to the Utility pursuant to Public Utilities Code Section 631, plus an allowance for Franchise Fees and Uncollectible Accounts expense.

  • A debit entry equal to the intervenor compensation payments authorized by the Commission, recorded during the month, plus an allowance for Franchise Fees and Uncollectible Accounts expense.

  • A debit entry equal to the franchise fees paid by PG&E associated with the revenue collected by PG&E under electric Preliminary Statement Part AS – Fixed Transition Amount Charge, calculated in proportion to total franchise-applicable revenue, plus an allowance for Franchise Fees and Uncollectible Accounts expense.

  • III.A.2. Receivables, Uncollectible Accounts and Deferred Revenue Property Taxes Receivable and Property Tax Calendar Property taxes are levied and collected by the Town on a semi-annual basis.

  • Allocation of Uncollectible Accounts to Standard OfferProviders .................................………………………………………….......

  • By no later than 26 October 2016, alternatively 1 November 2016, 2 November 2016 or 7 November 2016, SRX was “aware” within the meaning of Listing Rule 19.12, and it was the fact that the share trading of its CEO carried out on 26 October 2016 was in breach or potential breach of its securities trading policy (as referred to in the SecuritiesTrading Statement) (Securities Trading Policy) (CEO Share Trade Material Information).


More Definitions of Uncollectible Accounts

Uncollectible Accounts means losses due to credit card chargebacks, bad checks and, other uncollectible debts.
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Uncollectible Accounts means accounts receivable arising from sales of FNC Customer Offerings included in FNC Revenues which have not been paid within 90 days of the invoice date and which Parent determines in accordance with GAAP and its normal accounting policies consistently applied within and across its operating units are not reasonably likely to be collectible and have not been collected as of the date of determination of the Earn-Out Payment Amount.
Sample 1
Uncollectible Accounts means accounts receivable that are over ninety (90) days old on the date of the Closing Balance Statement. “VWAP” means the price determined by the first of the following clauses that applies: (a) if the Shares are then listed or quoted on a Trading Market, the daily volume weighted average price of the Shares for the ten (10) consecutive trading days ending one (1) trading day before the conversion notice is delivered on the Trading Market on which the Shares are then listed or quoted for trading as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time); (b) if the OTC Bulletin Board is not a Trading Market, the volume weighted average price of the Shares for the ten (10) consecutive trading days ending one (1) trading day before the conversion notice is delivered on the OTC Bulletin Board; (c) if the Shares are not then quoted for trading on the OTC Bulletin Board and if prices for the Shares are then reported in the “Pink Sheets” published by Pink Sheets, LLC (or a similar organization or agency succeeding to its functions of reporting prices), the volume weighted average bid price per Share so reported for the last ten (10) trades before the conversion notice is delivered; or (d) in all other cases, the fair market value of a Share as determined by an independent appraiser selected together by the Members and the Purchaser. ARTICLE II
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Related to Uncollectible Accounts

  • Eligible Accounts Receivable means Accounts, Instruments, Documents, Chattel Paper, Contracts, and General Intangibles from customers of Borrowers or any Approved Subsidiary in which Bank has a perfected first priority security interest subject to Bank's credit approvals thereof other than the following: (i) Accounts which remain unpaid ninety (90) days after the date of the applicable invoice; (ii) Accounts with respect to which the Account Debtor is an Affiliate of any of the Borrowers, or a director, officer or employee of any of the Borrowers; (iii) Accounts with respect to which the Account Debtor is the United States of America or any department, agency or instrumentality thereof, unless filings in accordance with the Assignment of Claims Act have been completed and filed in a manner satisfactory to the Agent or, as to any government contract entered into after the date of this Agreement, concurrently with the execution and delivery of that government contract; (iv) Accounts with respect to which the Account Debtor is not a resident of the United States or Canada except if such Accounts (1) are secured by irrevocable trade letter(s) of credit in form and content acceptable to Bank and confirmed by a United States financial institution acceptable to Bank, (2) are secured by standby letters of credit with an expiration of date of at least one hundred twenty (120) days from the date of shipment confirmed by United States Bank acceptable to Bank and otherwise in form and content acceptable to Bank, or (3) are insured by a company acceptable to Bank, which insurance covers business and political risk; (v) Accounts arising with respect to goods which have not been shipped and delivered to and accepted as satisfactory by the Account Debtor or arising with respect to services which have not been fully performed and accepted as satisfactory by the Account Debtor; (vi) Accounts for which the prospect of payment in full or performance in a timely manner by the Account Debtor is or is likely to become impaired as determined by the Bank in its reasonable discretion; (vii) Accounts which are not invoiced (and dated as of the date of such invoice) and sent to the Account Debtor within fifteen (15) days after delivery of the underlying goods to, or performance of the underlying services for, the Account Debtor; (viii) Accounts with respect to which Bank does not have a first and valid fully perfected security interest; (ix) Accounts with respect to which the Account Debtor is the subject of bankruptcy or a similar insolvency proceeding or has made an assignment for the benefit of creditors or whose assets have been conveyed to a receiver or trustee, except if Bank is delivered evidence acceptable to Bank as to the collectability in the normal course of business of such Accounts; (x) Accounts with respect to which the Account Debtor's obligation to pay the Account is conditional upon the Account Debtor's approval or is otherwise subject to any repurchase obligation or return right, as with sales made on a xxxx-and-hold, guaranteed sale, sale-and-return, sale on approval (except with respect to Accounts in connection with which Account Debtors are entitled to return Inventory solely on the basis on the quality of such Inventory) or consignment basis; (xi) Accounts with respect to which the Account Debtor is located in Minnesota unless the applicable Borrower has filed a Notice of Business Activities Report with the Secretary of State of Minnesota for the then current year; (xiv) all Accounts of any Account Debtor if twenty-five percent (25.0%) or more of all Accounts of such Account Debtor have ceased to be Eligible Accounts Receivable; and (xii) Accounts with respect to which the Account Debtors are residents of Canada to the extent the aggregate sum exceeds $750,000.00. The approvals of Account Debtors and Accounts shall be for Bank purposes only and shall not constitute any representation by Bank as to the credit worthiness of any such Account Debtor or the advisability or profitability of doing business with such Account Debtor.

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

  • Reserve Accounts means the Tax Account, the Insurance Account, the Replacement Reserve Account, the Immediate Repair Account, the Leasing Reserve Account, the Excess Cash Flow Account, the Operating Expense Account, the Ground Rent Account and any other escrow account established by this Agreement or the other Loan Documents (but specifically excluding the Cash Management Account, the Restricted Account and the Debt Service Account).

  • Accounts means all presently existing and hereafter arising accounts, contract rights, payment intangibles and all other forms of obligations owing to Borrower arising out of the sale or lease of goods (including, without limitation, the licensing of software and other technology) or the rendering of services by Borrower and any and all credit insurance, guaranties, and other security therefor, as well as all merchandise returned to or reclaimed by Borrower and Borrower’s Books relating to any of the foregoing.