DEBTORS AND CREDITORS. 8.1 The Company has not made, or entered into any Contract to make, any loan to, or other arrangement with, any person as a result of which it is or may be owed any money, other than trade debts incurred in the ordinary course of business and cash at bank.
DEBTORS AND CREDITORS. The Company is not owed any sums other than trade debts incurred in the ordinary and usual course of its business.
DEBTORS AND CREDITORS. (1) The Seller shall remain entitled to the Debts and liable for the Creditors.
DEBTORS AND CREDITORS. 10.1 All of the debts shown in the Company Accounts or the Company’s accounting records are expected by the directors of the Company to realise their full value in the ordinary course of collection less any specific provision for bad or doubtful debts included in the Company Accounts.
DEBTORS AND CREDITORS. 10.1 There are no debts owing to any Group Company (whether or not due for payment) other than trade debts incurred in the ordinary and proper course of business.
DEBTORS AND CREDITORS. 11.1 To the best of the Warrantors' knowledge, information and belief, each debt now owed to the Company (less the amount of any specific provision or reserve specifically disclosed in the Disclosure Letter, the Latest Accounts or the Latest Management Accounts and determined on the same basis as that applied in the Latest Accounts) will realise its full face value and be good and collectable in the usual course of business. None of such debts is subject to any counterclaim or set-off (except to the extent of any such provision or reserve).
DEBTORS AND CREDITORS. 12.1 Within five Business Days of Completion, the Seller shall deliver to the Buyer a list of Transferring Debtors.
DEBTORS AND CREDITORS. 19.1 No Group Company is owed any sums other than trade debts incurred in the ordinary and usual course of its business (excluding inter Group Company loans).
DEBTORS AND CREDITORS. 19.1 The Company is not owed any sums other than trade debts incurred in the ordinary course of its business. So far as the Warrantors are aware, each trade debt will realise its full value (less any specific provision that has been made against it in the Accounts) in cash within 90 days, save for trade debts owed to the Company by the Purchaser.
DEBTORS AND CREDITORS. 29.1 The SELLER shall pay all outstanding creditors in respect of the business as at the Effective Date, and shall receive all payment in respect of all outstanding debtors of the business as on the Effective Date.
