Common use of Accounts Receivable Collectible Clause in Contracts

Accounts Receivable Collectible. All accounts receivable are bona fide, good and collectable, without set off or counterclaim and to the best of the Vendor's knowledge all such accounts receivable shall be paid in a timely fashion subject to a reasonable reserve for bad debts.

Appears in 3 contracts

Samples: Share Purchase Agreement (Jaws Technologies Inc /Ny), Share Purchase Agreement (Jaws Technologies Inc /Ny), Share Purchase Agreement (Jaws Technologies Inc /Ny)

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Accounts Receivable Collectible. All accounts receivable are bona fide, good and collectable, collectable without set off or counterclaim and to the best of the Vendor's knowledge all such accounts receivable shall be paid in a timely fashion subject to a reasonable reserve for bad debts.

Appears in 1 contract

Samples: Share Purchase Agreement (Shannon International Resources Inc)

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Accounts Receivable Collectible. All accounts receivable are bona fide, good and collectable, collectable without set off or counterclaim and to the best of the Vendor's knowledge all such accounts receivable shall be paid in a timely fashion subject to a reasonable reserve for bad debtsfashion.

Appears in 1 contract

Samples: Share Purchase Agreement (Shannon International Resources Inc)

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