Common use of Collectability of Accounts Receivable Clause in Contracts

Collectability of Accounts Receivable. The Accounts Receivable are good and collectible at the aggregate recorded amounts, except to the extent of any reserves and allowances for doubtful accounts taken in accordance with GAAP and provided for such Accounts Receivable in the Books and Records or as set forth on Schedule 3.1(s), and are not subject to any defence, counterclaim or set off.

Collectability of Accounts Receivable. The Accounts Receivable are good and collectible at the aggregate recorded amounts, except to the extent of any reserves and allowances for doubtful accounts taken in accordance with GAAP and provided for such Accounts Receivable in the IsoCanMed Books and Records or as set forth on Schedule 3.1(s)Records, copies of which have been provided to the Purchaser, and are not subject to any defence, counterclaim or set off.

Collectability of Accounts Receivable. The Accounts Receivable accounts receivable are good and collectible at the aggregate recorded amounts, except to the extent of any reserves and allowances for doubtful accounts taken in accordance with GAAP and provided for such Accounts Receivable accounts receivable in the Purchaser Books and Records or as set forth on Schedule 3.1(s)Records, copies of which have been provided to the IsoCanMed Shareholders, and are not subject to any defence, counterclaim or set off.

Collectability of Accounts Receivable. The Accounts Receivable are good and collectible at the aggregate recorded amounts, except to the extent of any reserves and allowances for doubtful accounts taken in accordance with GAAP and provided for such Accounts Receivable in the Books and Records or as set forth on Schedule 3.1(s)Records, and are not subject to any defence, counterclaim or set off.

Collectability of Accounts Receivable. The Accounts Receivable are good and collectible at the aggregate recorded amounts, except to the extent of any reserves and allowances for doubtful accounts taken in accordance with GAAP and provided for such Accounts Receivable in the Books and Records or as set forth on Schedule 3.1(s)and to be provided for in the Working Capital Statement, and and, to the knowledge of the Company, are not subject to any defence, counterclaim or set off.

Collectability of Accounts Receivable. The Company Entities’ Accounts Receivable are good and collectible at the aggregate recorded amounts, except to the extent of any reserves and allowances for doubtful accounts taken in accordance with GAAP and provided for such Accounts Receivable in the Books and Records or as set forth on Schedule 3.1(s)Records, copies of which have been provided to Purchaser, and are not subject to any defence, counterclaim or set off.