Receivables Aging Report Clause Samples
The Receivables Aging Report clause requires one party, typically the seller or service provider, to regularly provide a detailed summary of outstanding invoices categorized by the length of time they have been unpaid. This report usually breaks down receivables into time periods such as 30, 60, or 90 days past due, allowing both parties to monitor payment trends and identify overdue accounts. Its core practical function is to enhance transparency and facilitate effective credit management by ensuring all parties are aware of outstanding debts and potential collection issues.
Receivables Aging Report. Furnish to Lenders no later than forty-five (45) days after the end of each fiscal quarter an accounts receivable aging report as of the last day of such quarter.
Receivables Aging Report. Current Month
1) Current
2) [*] days past due
3) [*] days past due
4) [*] days past due
5) [*] days past due
6) [*] days past due Total Receivables (1 + 2 + 3 + 4 + 5 + 6) Average maturity (ref purposes only) Difference
Receivables Aging Report. Within twenty (20) days after the end of each month an accounts receivables aging report and sales backlog report for Borrower and each Subsidiary in form approved by Bank. At the request of Bank, such report shall include a detailed aging report listing the names of all accounts;
Receivables Aging Report. As soon as available and in any event within 30 days after the end of each fiscal month, a report prepared by the chief financial officer of the Borrower, in form and substance satisfactory to the Agent, setting forth (i) all Obligors under all Receivables of the Borrower and its Subsidiaries, (ii) all Inventory of the Borrower and its Subsidiaries by general category and (iii) an analysis as to the aging of such Receivables and such Inventory; PROVIDED, HOWEVER, that if the first of such reports made available to the Agent in accordance with this Section 5.03(t) is not in form and substance satisfactory to the Agent, the Borrower shall use its best efforts to conform such report to the Agent's requirements within 60 days of the date of the initial Borrowing.
Receivables Aging Report. A) Current
B) [*] Days Past Due
C) [*] Days Past Due
D) [*] Days Past Due
E) [*] Days Past Due
F) [*] Days Past Due Difference