Bad Debts Sample Clauses

Bad Debts. Contractor shall have the right to accept payment by checks and to conduct all or a part of its business on a credit basis; provided, however, that the risk of such operation shall be borne by Contractor, and Contractor shall not be permitted to deduct from Gross Receipts any bad debts or non-payments by customers.

Bad Debts. Any losses arising from uncollectible accounts and other claims, and related costs, are unallowable.

Bad Debts. 15.1 The parties acknowledge and agree that the Agency Fee payable from time to time under this agreement has been structured based on historical levels and historical rates of enforcement and collection of bad debts within the DiverseyLever Business.

Bad Debts. The failure of any person to use or install a STEP system or STEP service equipment, to connect to the public sanitary sewer or to pay any indebtedness to Eagleville shall not relieve Eagleville of its obligations to pay CUD in accordance with the terms of this Agreement or shall cause any adjustment in the amounts to be paid by Eagleville to CUD under this Agreement.

Bad Debts. 15.1 The Parties acknowledge and agree that the Agency Fee payable from time to time under this agreement has been structured based on historical levels and historical rates of enforcement and collection of bad debts within the DiverseyLever Business. 15.2 Where the level of bad debts (expressed as a percentage of Gross Sale Value) experienced by JDI and the JDI Affiliates in relation to sales of the Products in any given calendar year during the term of this agreement is at least twice as high as the Historical Benchmark, the excess amount of such bad debts over and above double the level of the Historical Benchmark shall be split as to: (i) 50% to JDI; and (ii) 50% to the Unilever Parties, and any necessary balancing payment shall be made by way of an increase in the Agency Fee by the relevant Parties to reflect such allocation within 20 Business Days of the date on which the level of bad debts (so expressed) is calculated for such calendar year.

Bad Debts. Ting or a contracted service provider shall be responsible for any and all bad debts associated with its Subscribers.

Bad Debts. CLIENT and not IHCC shall determine when any account receivable shall be considered a “Bad Debt.” Notwithstanding the foregoing, the charge for any patient who fails to remit payments or for wham payment is not received from Medicare, Medicaid and/or other third-party payor after an initial bxxx and four (4) monthly patient statements (or such greater number of statements as may be required by applicable law) have been transmitted shall be deemed a "Bad Debt" for purposes of this Agreement. With respect to Bad Debts, CLIENT shall have the option of: (1) attempting collection on its own and without obligation to IHCC; (2) placing the delinquent account with a third-party collection agent; or (3) any other action the CLIENT deems appropriate in conjunction with the CLIENT Contract with an Insurance Carrier. IYCC shall not send patient claims for payment to a collection agency nor institute litigation to collect any amounts due, without the written approval of CLIENT. Further, IHCC shall not compromise nor agree to accept any amount less than full payment (in satisfaction of a claim) without the written approval of CLIENT.

Bad Debts. The Sellers covenant to pay to the Purchaser on demand a sum equal to the aggregate amount of any debts or amounts comprising the December Receivables which are not recovered by the Company by 1 July 2007.

Bad Debts. Without limiting the application of the definition of “Excluded Income”, within 3 months from the end of every Financial Year, the Licensee may send to Recorded Music a statement of bad debts of the Licensee written off for that Financial Year certified true and correct by a chartered accountant. On receipt of such certificate, Recorded Music shall, if satisfied that such bad debts have been written off for such Financial Year, rebate from the Licence Fee payable under this agreement by the Licensee in respect of the Financial Year to which the write-off relates, a sum calculated by multiplying the amount of the certified write-off by the Licence Fee rate applicable to the Licensee's business. Announcements, data supply and statement of use:

Bad Debts. Loss from bad debts or uncollectable accounts will be borne by JJC. Canterbury will provide JJC a monthly report of unpaid accounts receivable balances on JJC’s customers.