Common use of Inventory and Accounts Receivable Clause in Contracts

Inventory and Accounts Receivable. (a) Except as disclosed on Schedule 4.10, to the Shareholders’ Knowledge, the Company’s Inventory is fit for the purposes for which it was purchased. (b) All of the Accounts Receivable of the Company are properly reflected on its Books and Records and, subject to the Company’s reserve for doubtful accounts, if any, constitute bona fide, valid and binding receivables, except for normal trade discounts for early payment.

Inventory and Accounts Receivable. (a) Except as disclosed on Schedule 4.10, to the Shareholders’ Shareholder’s Knowledge, the Company’s Inventory is fit for the purposes for which it was purchased. (b) All of the Accounts Receivable of the Company are properly reflected on its Books and Records and, subject to the Company’s reserve for doubtful accounts, if any, and to Shareholder’s Knowledge constitute bona fide, valid and binding receivables, except for normal trade discounts for early payment.

Inventory and Accounts Receivable. (a) Except as disclosed on Schedule 4.10, to the ShareholdersVendors’ Knowledge, the each Standard Company’s Inventory is fit for the purposes for which it was purchased. (b) All of the Accounts Receivable of the each Standard Company are properly reflected on its Books and Records and, subject to the such Standard Company’s reserve for doubtful accounts, if any, constitute constitutes bona fide, valid and binding receivables, except for normal trade discounts for early payment.

Inventory and Accounts Receivable. (a) Except as disclosed on Schedule 4.10, to the Shareholders’ Knowledge, the Company’s Inventory is fit for the purposes for which it was purchased. (b) All of the Accounts Receivable of the Company are properly reflected on its Books and Records and, subject to the Company’s reserve for doubtful accounts, if any, and to Shareholders’ Knowledge constitute bona fide, valid and binding receivables, except for normal trade discounts for early payment.

Inventory and Accounts Receivable. (a) Except as disclosed on Schedule 4.10, to the Shareholders’ Shareholder’s Knowledge, the Company’s Inventory is fit for the purposes for which it was purchased. (b) All of the Accounts Receivable of the Company are properly reflected on its Books and Records and, subject to the Company’s reserve for doubtful accounts, if any, constitute bona fide, valid and binding receivables, except for normal trade discounts for early payment.

Inventory and Accounts Receivable. (a) Except as disclosed on Schedule 4.10, to the ShareholdersMembers’ Knowledge, the Company’s Inventory is fit for the purposes for which it was purchased. (b) All of the Accounts Receivable of the Company are properly reflected on its Books and Records and, subject to the Company’s reserve for doubtful accounts, if any, constitute bona fide, valid and binding receivables, except for normal trade discounts for early payment.