Accounts Receivable; Customers. All accounts receivable of LST represent in all material respects sales made in the ordinary course of business. Schedule 2.2(o) of the Seller Disclosure Letter sets forth LST's top 20 customers by billxxxx xxx/or revenues received. Seller has no knowledge of any oral or written notice or other indication from any customer stating that it intends to terminate its business relationship with LST or reduce the amount of business it does with LST.
Accounts Receivable; Customers. Seller’s accounts receivable relating to the Target Business are bona fide payment obligations and arose in the ordinary course of business, and there are no formal disputes with customers relating to such accounts receivable. Seller has not received any notice that any of the customers of the Target Business have ceased, or intend to cease after the Closing, to use the goods or services of the Target Business.
Accounts Receivable; Customers. 17 2.21 Inventories . . . . . . . . . . . . . . . . . . . 17 2.22
Accounts Receivable; Customers. Except as set forth on Schedule 2.21, the accounts receivable reflected on the Financial Statements of the Business or originated thereafter by Seller or any of its Affiliates with respect to the Business through the Closing Date are not subject to any dispute in excess of $50,000, individually or in the aggregate, as of the date hereof. To Seller's Knowledge, there are no facts existing with respect to any of the accounts receivable which would give rise to a dispute in excess of $50,000, individually or in the aggregate, over the same. Schedule 2.21 discloses, as of the date hereof, all accounts receivable of the Business which have remained unpaid more than sixty (60) days from the due date of the applicable invoice and also discloses as of April 30, 2001, (x) the identity of the ten (10) largest customers (by dollar volume) of the Division for the year ended April 30, 2001, and (y) the fiscal year-to-date sales for each customer identified on Schedule 2.21 and the amount owing from such customer as of April 30, 2001.
Accounts Receivable; Customers. 20 2.22 Warranties.............................................................................20
Accounts Receivable; Customers. The accounts receivable reflected on the Financial Statements, or thereafter acquired by the Company through the Closing Date, were earned by performance in the ordinary course of business and, except as set forth on SCHEDULE 2.20, are not subject to any material dispute. SCHEDULE 2.20(i) discloses all accounts receivable which have, as of November 30, 1999, remained unpaid more than 60 days from the due date of the applicable invoice. SCHEDULE 2.20(ii) sets forth the identity of the Company's largest seven (7) customers for the twelve months ended December 31, 1998, and also discloses, as of November 29, 1999, the year-to-date sales for each such customer and the amount owing from such customer on December 31, 1998 and September 30, 1999. Except as disclosed on SCHEDULE 2.20(ii), the Company has not received any written notice that any customer identified on SCHEDULE 2.20(ii) expects or intends that its future purchases from the Company, as compared to its purchases for the twelve month period ended December 31, 1998, will decrease in any material respect (i.e., for purposes of this SECTION 2.20 greater than 10% for the twelve month period ending December 31, 1999) or that any such customer wishes to renegotiate prices for products purchased in the twelve month period ended December 31, 1999 representing a price adjustment greater than 10% of current prices with respect to such customer for such period.
Accounts Receivable; Customers. The accounts receivable reflected on the Financial Statements, or thereafter acquired by Company through the Closing Date were earned by performance in the ordinary course of business and, to the knowledge of Company and Sellers except as set forth on Schedule 2.20, are not subject to any material dispute. Schedule 2.20 discloses, as of October 2, 1994 and October 1, 1995 the identity of each of Company's ten (10) largest customers for the fiscal year then ended, and the amounts receivable from each such customer at the respective dates, and also discloses, as of May 4, 1996, the fiscal year-to-date sales for each customer identified on Schedule 2.20 and the amount owing from such customer on May 4, 1996. Except as disclosed on Schedule 2.20, Company has not received any written or, to the best knowledge of Sellers and Company, any other notice that any customer identified on Schedule 2.20 expects or intends that its future purchases from Company, as compared to its purchases in the year ended October 1, 1995, will decrease in any material respects.
Accounts Receivable; Customers. (a) The accounts receivable included, in the case of the Company, in the Interim Financial Statements, or, in the case of Parent, the financial statements contained in Parent's Quarterly Report on Form 10-Q for the period ended March 31, 2002, constitute all of the accounts receivable of such Party and its Subsidiaries, as of March 31, 2002, other than those reserved for in the allowance for doubtful accounts on the statements of financial condition contained within, in the case of the Company, the Interim Financial Statements, or, in the case of Parent, the financial statements contained in Parent's Quarterly Report on Form 10-Q for the period ended March 31, 2002. All of such accounts receivable are, and those existing on the Closing Date will be, existing accounts receivable arising in the ordinary course of business.
Accounts Receivable; Customers. The accounts receivable reflected on the Financial Statements, or thereafter acquired by Company through the Closing Date were earned by performance in the ordinary course of business and are not subject to any material dispute.
Accounts Receivable; Customers. All accounts receivable and any accounts receivable arising between the date hereof and the Closing are or will be valid and subsisting; represent or will represent sales actually made; arose or will arise in the ordinary and usual course of the business of the Company and the Subsidiaries; and, to the extent not collected prior to the time of Closing. Such accounts are not and will not be subject to any counterclaim, set-off or defense and are not and will not be subject to any lien, charge or encumbrance which are material in nature.
