Common use of Receivables; Customers Clause in Contracts

Receivables; Customers. (a) All existing accounts receivable of the Acquired Corporations (including those accounts receivable reflected on the Company Unaudited Interim Balance Sheet that have not yet been collected and those accounts receivable that have arisen since March 31, 2007, and have not yet been collected) (i) represent valid obligations of customers of the Acquired Corporations arising from bona fide transactions entered into in the ordinary course of business, (ii) are aged as set forth in Part 2.7(a) of the Company Disclosure Schedule and, to the Company’s Knowledge, will be collected in full when due, without any counterclaim or set off (net of an allowance for doubtful accounts not to exceed $300,000 in the aggregate).

Receivables; Customers. (a) All existing accounts receivable of the Acquired Corporations (including those accounts receivable reflected on the Company Unaudited Interim Balance Sheet that have not yet been collected and those accounts receivable that have arisen since March 31, 2007the date of the Company Unaudited Interim Balance Sheet, and have not yet been collected) (i) represent valid obligations of customers of the Acquired Corporations arising from bona fide transactions entered into in the ordinary course of business, (ii) are aged current as set forth in Part 2.7(a) of the Company Disclosure Schedule November 30, 2000, and, to the best of the Company’s Knowledge's knowledge, will be collected in full when duefull, without any counterclaim or set off (net of an allowance for doubtful accounts not to exceed $300,000 250,000 in the aggregate).