Accounts Payable; Suppliers Sample Clauses

Accounts Payable; Suppliers. (a) The Disclosure Schedules set forth a true and complete (i) list of the accounts payable of the Company as of March 31, 1997, and (ii) list of each individual indebtedness owed by the Company of $5,000 or more, setting forth the payee and the amount of indebtedness.
Sample 1Sample 2Sample 3See All (16)
AutoNDA by SimpleDocs
Accounts Payable; Suppliers. (a) Attached hereto as Schedule 5.26(a) is a true and complete (i) list of the accounts payable of Seller as of August 31, 1998, and (ii) list of each individual indebtedness of $10,000 or more, setting forth the payee and the amount of indebtedness.
Sample 1Sample 2See All (6)
Accounts Payable; Suppliers. 14 Section 3.25 Inventory........................................................... 14 Section 3.26 Licenses, Authorization and Provider Programs....................... 14 Section 3.27 Inspections and Investigations...................................... 15 Section 3.28 Proprietary Rights and Information.................................. 15 Section 3.29 Taxes............................................................... 16 Section 3.30 Related Party Arrangements.......................................... 16 Section 3.31
Sample 1See All (5)
Accounts Payable; Suppliers. (a) The Disclosure Schedules set forth a true and complete (i) list of the accounts payable of Lexington as of March 31, 1997, and (ii) list of each individual indebtedness owned by Lexington of $5,000 or more, setting forth the payee and the amount of indebtedness.
Sample 1
Accounts Payable; Suppliers. (a) The Disclosure Schedules set forth a true and complete (i) list of the accounts payable of South Texas as of March 31, 1997, and (ii) list of each individual indebtedness owned by South Texas of $5,000 or more, setting forth the payee and the amount of indebtedness.
Sample 1
Accounts Payable; Suppliers. 14 Section 3.25 Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Section 3.26 Licenses, Authorization and Provider Programs . . . . . . . . . . . . . . . . . . . . . . . . 14 Section 3.27 Inspections and Investigations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Section 3.28 Proprietary Rights and Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Section 3.29 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 Section 3.30 Related Party Arrangements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 Section 3.31
Sample 1
Accounts Payable; Suppliers. (a) The Disclosure Schedules set forth a true and complete (i) list of the accounts payable of San Antonio as of March 31, 1997, and (ii) list of each individual indebtedness owned by San Antonio of $5,000 or more, setting forth the payee and the amount of indebtedness.
Sample 1
AutoNDA by SimpleDocs
Accounts Payable; Suppliers. (a) The Disclosure Schedules set forth a true and complete (i) list of the accounts payable of Madison as of March 31, 1997, and (ii) list of each individual indebtedness owned by Madison of $5,000 or more, setting forth the payee and the amount of indebtedness.
Sample 1
Accounts Payable; Suppliers. (a) Schedule 2.23 hereto sets forth a true and complete (i) list of the accounts payable of Company and each Subsidiary as of June 30, 1999, and (ii) list of each individual indebtedness owed by Company and each Subsidiary of $5,000 or more, setting forth the payee and the amount of indebtedness. At the Closing, Company and Subsidiaries each have outstanding Trade Payables arising in the normal course of business; however, since May 1, 1999, Company and Subsidiaries have maintained reasonable and timely payments of all of their respective Trade Payables, consistent with past practices (but in no event longer than the current payment cycle). In addition, Company and Subsidiaries each have timely made all required payments associated with their respective capital lease and operating lease obligations and any other indebtedness through the Effective Date.
Sample 1

Related to Accounts Payable; Suppliers

  • Accounts Payable To the extent not apportioned at Closing, any indebtedness, accounts payable, liabilities or obligations of any kind or nature related to Seller or the Property for the periods prior to and including the Closing Date shall be retained by Seller and promptly allocated to Seller and evidence thereof shall be provided to Buyer, and Buyer shall not be or become liable therefor, except as expressly assumed by Buyer pursuant to this Contract, and invoices received in the ordinary course of business prior to Closing shall be allocated to Seller at Closing.

  • Accounts Receivable; Accounts Payable All accounts receivable of Emergent and its Subsidiaries reflected in the Interim Financial Statements and all accounts receivable that are reflected on the books of Emergent and its Subsidiaries as of the Closing Date (net of allowances for doubtful accounts as reflected thereon and as determined in accordance with GAAP) are obligations arising from sales actually made or services actually performed in the Ordinary Course of Business arising in connection with bona fide arm’s length transactions with Persons who are not Affiliates of Emergent or any of its Subsidiaries, constitute valid undisputed claims and are not, by their terms, subject to defenses, set-offs or counterclaims. Neither Emergent nor any of its Subsidiaries has received written notice from or on behalf of any obligor of any such accounts receivable that such obligor is unwilling or unable to pay a material portion of such accounts receivable. All accounts payable and notes payable of Emergent and its Subsidiaries arose in bona fide arm’s length transactions in the Ordinary Course of Business and with Persons who are not Affiliates of Emergent or any of its Subsidiaries, and no such account payable or note payable is materially delinquent in its payment.

  • Accounts Receivable and Accounts Payable 7 (a) General.....................................................7 (b)

  • Accounts Receivable All accounts receivable of the Company that are reflected on the Balance Sheet or the Interim Balance Sheet or on the accounting records of the Company as of the Closing Date (collectively, the "Accounts Receivable") represent or will represent valid obligations arising from sales actually made or services actually performed in the Ordinary Course of Business. Unless paid prior to the Closing Date, the Accounts Receivable are or will be as of the Closing Date current and collectible net of the respective reserves shown on the Balance Sheet or the Interim Balance Sheet or on the accounting records of the Company as of the Closing Date (which reserves are adequate and calculated consistent with past practice and, in the case of the reserve as of the Closing Date, will not represent a greater percentage of the Accounts Receivable as of the Closing Date than the reserve reflected in the Interim Balance Sheet represented of the Accounts Receivable reflected therein and will not represent a material adverse change in the composition of such Accounts Receivable in terms of aging). Subject to such reserves, each of the Accounts Receivable either has been or will be collected in full, without any set-off, within ninety days after the day on which it first becomes due and payable. There is no contest, claim, or right of set-off, other than returns in the Ordinary Course of Business, under any Contract with any obligor of an Accounts Receivable relating to the amount or validity of such Accounts Receivable. Part 3.8 of the Disclosure Letter contains a complete and accurate list of all Accounts Receivable as of the date of the Interim Balance Sheet, which list sets forth the aging of such Accounts Receivable.

  • Accounts Receivables The accounts receivable reflected on the Financial Statements and all accounts receivable arising thereafter have arisen from actual and bona-fide transactions in the Ordinary Course of Business consistent with the past practice and are valid and enforceable against the obligors of such accounts receivable, and other than cash discounts in the Ordinary Course of Business consistent with past practices or reserves for bad-debts accrued in accordance with the Accounting Principle, there have been no claims, or any threat of any such claims, of set-off, refusal of payment or other counterclaims relating to the existence thereof or all or any part of the amount thereof. The accounts receivables are collectible in full in accordance with the Ordinary Course of Business consistent with past practice.

  • Accounts Receivable and Payable The accounts receivable reflected on the Financial Statements arose in the ordinary course of business and, except as reserved against on the Financial Statements, are collectible in the ordinary course of business and consistent with past practices, free of any claims, rights or defenses of any account debtor. No accounts payable of the Company are over forty-five (45) days old.

  • Accounts Receivable; Inventories The accounts and notes receivable which are reflected on the Final Closing Balance Sheet are good and collectible in the ordinary course of business at the aggregate recorded amounts thereof, less the amount of the allowance for doubtful accounts reflected thereon, and are not subject to offsets. The accounts and notes receivable of the Company which were thereafter added and which will be reflected on the Final Closing Balance Sheet are good and collectible in the ordinary course of business at the aggregate amounts recorded in its books of account, less the amount of the allowance for doubtful accounts reflected thereon (which allowance was established on a basis consistent with prior practice), and are not subject to offsets. The inventories reflected on the Audited and Unaudited Balance Sheets, and thereafter added, as reflected on the Closing Date Balance Sheet, consist of items of a quality and quantity usable or saleable within one year (except as set forth on Schedule 5.7) in the ordinary course of business, except for obsolete materials, slow-moving items, materials of below standard quality and not readily marketable items, all of which have been written down to net realizable value or adequately reserved against on the books and records of the Company. To the extent there is inventory not listed on Schedule 5.7 of a quality and quantity not usable or saleable in the ordinary course of business within one year, in lieu of a claim for indemnification, Buyer shall sell and the Selling Shareholders shall purchase such items of inventory at the value carried on the Final Closing Balance Sheet. All inventories not written off are stated at the lower of cost or market.

  • Accounts; Records The Servicer shall maintain accounts and records as to the Recovery Property accurately and in accordance with its standard accounting procedures and in sufficient detail (i) to permit reconciliation between payments or recoveries with respect to the Recovery Property and the amounts from time to time remitted to the Collection Account in respect of the Recovery Property and (ii) to permit the FRC Collections held by the Servicer to be accounted for separately from the funds with which they may be commingled, so that the dollar amounts of FRC Collections commingled with the Servicer’s funds may be properly identified and traced.

  • Bank Accounts; Receivables (a) Part 2.7(a) of the Disclosure Schedule provides accurate information with respect to each account maintained by or for the benefit of the Company at any bank or other financial institution.

  • Accounts Receivable; Inventory (a) For each Account with respect to which Advances are requested, on the date each Advance is requested and made, such Account shall be an Eligible Account.

Time is Money Join Law Insider Premium to draft better contracts faster.