Outstanding Receivable Sample Clauses

Outstanding Receivable. BNP shall make a payment to NaPro equal to one million dollars ($1,000,000) in full satisfaction of all amounts due to NaPro under the Prior Agreement, including all outstanding unpaid invoices for Product. Such payment shall be made within two (2) business days after the Effective Date by wire transfer of immediately available funds to an account designated by NaPro.
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Outstanding Receivable. Outstanding Receivable means any of CRES Provider’s rights to payment, whether or not evidenced by a Customer Xxxx, arising from the electronic invoice document prepared by the Company and containing charges for Competitive Retail Electric Services that are to be billed to the CRES Provider’s customers by the Company.
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Outstanding Receivable. Outstanding Receivable means any of Supplier’s rights to payment, whether or not evidenced by a Customer Bill, arising from the electronic transmission by the Supplier in rate-ready format, for Competitive Retail Natural Gas Services that are to be billed to the Supplier’s customers by the Company.
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Outstanding Receivable. The Sellers shall have received at the Closing an amount equal to the accounts receivable on the books of eWatch due and payable by the Buyer to eWatch as set forth in the updated record described in Section 5.8.
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Related to Outstanding Receivable

  • Accounts Receivable All accounts receivable of the Acquired Companies that are reflected on the Balance Sheet or the Interim Balance Sheet or on the accounting records of the Acquired Companies as of the Closing Date (collectively, the "Accounts Receivable") represent or will represent valid obligations arising from sales actually made or services actually performed in the Ordinary Course of Business. Unless paid prior to the Closing Date, the Accounts Receivable are or will be as of the Closing Date current and collectible net of the respective reserves shown on the Balance Sheet or the Interim Balance Sheet or on the accounting records of the Acquired Companies as of the Closing Date (which reserves are adequate and calculated consistent with past practice and, in the case of the reserve as of the Closing Date, will not represent a greater percentage of the Accounts Receivable as of the Closing Date than the reserve reflected in the Interim Balance Sheet represented of the Accounts Receivable reflected therein and will not represent a material adverse change in the composition of such Accounts Receivable in terms of aging). Subject to such reserves, each of the Accounts Receivable either has been or will be collected in full, without any set-off, within ninety days after the day on which it first becomes due and payable. There is no contest, claim, or right of set-off, other than returns in the Ordinary Course of Business, under any Contract with any obligor of an Accounts Receivable relating to the amount or validity of such Accounts Receivable. Part 3.8 of the Disclosure Letter contains a complete and accurate list of all Accounts Receivable as of the date of the Interim Balance Sheet, which list sets forth the aging of such Accounts Receivable.

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