Accounts Receivable Reconciliation. (a) B will reconcile the accounts receivable aging at the end of the month to the sales journal and cash receipts journal. A copy of the accounts receivable reconciliation will be provided to C no later than five (5) business days following the close of each month.
Accounts Receivable Reconciliation. The undersigned hereby certifies that all of the information shown above is true and correct on the date hereof. By: _________________________________ Title: ____________________________________ Duly Authorized Signatory
Accounts Receivable Reconciliation due by the 10th of the following month. This report will reconcile the A/R aging to the Final Daily Loan Report for the month.
Accounts Receivable Reconciliation. Accounts Receivable on Aging Summary as of Computation Date $ Add (Subtract) The Following Adjustments To The Aging Summary Non-Trade Receivables $ Swaps $ Payments posted after closing on A/R Subsidiary $ Credit balances reclassed to accounts payable $ Other: $ Accounts Receivable As of Computation Date $ Mississippi Chemical Corporation Accounts Receivable Concentration Report Computation as of ___________________ 10 Largest Obligors Balance Concentration Limit Excess Concentration $ $ $ Totals $ $ $ Mississippi Chemical Corporation Foreign Accounts Report Computation as of __________________ Foreign Obligors Account Balance Amount Insured or Covered by LOC's Ineligible Amounts $ $ $ Totals $ $ $ Schedule II to the Borrowing Base Mississippi Chemical Corporation Calculation of Eligible Product Inventory Computation as of ________________ Raw Materials (See attached) $ Work In Process $ Finished Products Inventory (See attached) $ Spare Parts Inventory $ Total Inventories as of Computation Date $ Less: Spare Parts Inventory $ Damaged or Obsolete Inventory $ Consignment Inventory not covered by Waiver $ Work in Process $ Total Eligible Product Inventory $ Exhibit G Interim Financing Order IN THE UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF MISSISSIPPI In re: ) ) MISSISSIPPI CHEMICAL ) CORPORATION, et al. (1) ) CASE NO. 03-02984-WEE Debtors. ) Chapter 11 ____________________________________ ) Jointly Administered
Accounts Receivable Reconciliation a. In the event that one hundred eighty (180) days after the Closing Date (the "Guarantee Date") with respect to the October 31 Receivables Purchaser has collected an amount less than the Guaranteed Receivables Amount, Seller shall pay to Purchaser (without any reduction or setoff) an amount equal to the difference between (i) the Guaranteed Receivables Amount and (ii) the amount collected by Purchaser with respect to the October 31 Receivables prior to the Guarantee Date (the "Guarantee Payment"). The Guarantee Payment shall not be subject to the Threshold Amount in SECTION 12.3a or limit on liability in SECTION 12.3a (or be applied to such Threshold Amount or limit on liability provided in ARTICLE 12). Following receipt of the Guarantee Payment, Purchaser shall remit to Seller any subsequent amounts collected on the October 31 Receivables until Purchaser has remitted an amount equal to the Guarantee Payment (the "Reimbursement Payments").
Accounts Receivable Reconciliation. Within fifteen (15) days following the first anniversary of the Closing Date, Buyer and Seller shall determine the Uncollected Receivables Amount as of the first (1st) anniversary of the Closing Date (the “Receivables True-up Date”), and if, as of the Receivables True-up Date, an Uncollected Receivables Amount exists, the Uncollected Receivables Amount shall be paid to Buyer in accordance with the Escrow Agreement (and Buyer and the Seller Representative shall so direct the Escrow Agent).
Accounts Receivable Reconciliation. BUYER and SELLER will cooperate with each other to identify future payments and assist in reconciling disputes with customers. Payments mistakenly made to SELLER for post-Closing receivables generated by BUYER should be held in trust for BUYER and immediately forwarded. Payments mistakenly made to BUYER with respect to any TAR retumed to SELLER hereunder shall be held in trust for the SELLER and immediately forwarded to the SELLER.
Accounts Receivable Reconciliation. System - FASTRACK. Customer shall pay to USBI an initial, one-time fee, as described in Exhibit "C" attached hereto, for USBI's accounts receivable reconciliation system known as FASTRACK. As collateral for all obligations now existing or hereafter arising from Customer to USBI, Customer hereby grants to USBI a security interest in all the following property of Customer, whether now owned or hereafter acquired or created, and all proceeds and products thereof.
Accounts Receivable Reconciliation. Accounts Receivable on Aging Summary as of Computation Date $ Add (Subtract) The Following Adjustments To The Aging Summary Non-Trade Receivables $ Swaps $ Payments posted after closing on A/R Subsidiary $ Credit balances reclassed to accounts payable $ Other: $ Accounts Receivable As of Computation Date $ MISSISSIPPI CHEMICAL CORPORATION ACCOUNTS RECEIVABLE CONCENTRATION REPORT COMPUTATION AS OF __________________ 10 Largest Obligors Balance Concentration Limit Excess Concentration $ $ $ Totals $ $ $ MISSISSIPPI CHEMICAL CORPORATION FOREIGN ACCOUNTS REPORT COMPUTATION AS OF _________________ Foreign Obligors Account Balance Amount Insured or Covered by LOC's Ineligible Amounts $ $ $ Totals $ $ $ SCHEDULE II TO THE BORROWING BASE MISSISSIPPI CHEMICAL CORPORATION CALCULATION OF ELIGIBLE PRODUCT INVENTORY COMPUTATION AS OF ________________ Raw Materials (See attached) $ Work In Process $ Finished Products Inventory (See attached) $ Spare Parts Inventory $ Total Inventories as of Computation Date $ Less: Spare Parts Inventory $ Damaged or Obsolete Inventory $ Consignment Inventory not covered by Waiver $ Work in Process $ Total Eligible Product Inventory $ SCHEDULE III TO THE BORROWING BASE MISSISSIPPI CHEMICAL CORPORATION CALCULATION OF ELIGIBLE SPARE PARTS INVENTORY COMPUTATION AS OF ______________ Spare Parts Inventory as of (Prior Month End) $ Appraised Value of Spare Parts Inventory $ Lesser of two values above $ Less: Damaged or obsolete parts $ Inventory not covered by waivers $ Total Eligible Spare Parts Inventory $ SCHEDULE IV TO THE BORROWING BASE MISSISSIPPI CHEMICAL CORPORATION CALCULATION OF OTHER ADVANCE AMOUNT COMPUTATION AS OF _____________ (a) 105,000,000 $
Accounts Receivable Reconciliation. The Senior Credit & Collections Analyst prepares an Accounts Receivable Reconciliation at the end of each month. An Accounts Receivable Aging Report is run from CMS, and the appropriate Accounts Receivable account balance is obtained from this report. The Senior Credit & Collections Analyst lists and provides support for any reconciling items (e.g. Intercompany receivables). The Accounts Receivable balance is reconciled to the sub ledger aging on a monthly basis, and is reviewed, signed, and dated by the V.P. of Finance (REV37).
