Trade Accounts Receivable. Each Party will retain all collected payments from end-customers, even if such payments were collected in advance for services, which will be performed after September 30, 2008 by the other Party. Each Party also retains the right to collect any accounts receivable from customers outstanding immediately prior to the Effective Time. All other accounts receivable shall transfer with the applicable contracts.
Trade Accounts Receivable. Except as otherwise disclosed on Part D, (1) the Subsidiary Owns all of the Trade Accounts Receivable listed or described on Part D; (2) none of such Trade Accounts Receivable is owing to Ferro or any of their Affiliates; (3) all of the Trade Accounts Receivable are genuine and were entered into in the ordinary course conduct of the Powder Coatings Business; and (4) to the best of Ferro's knowledge, the Subsidiary has complied with all laws and customs necessary to maintain the collectibility of such Trade Accounts Receivable.
Trade Accounts Receivable. To the best of Seller's knowledge, all accounts receivable reflected on the Corporate Financial Statements arose or will arise from the sale of products and services provided in the ordinary course of Seller's business. Except for accounts receivable as Previously Disclosed, all accounts receivable reflected on the June 30, 2002 Financial Statements are the legal and binding claims of the Seller, free and clear of all liens, have been recorded in accordance with GAAP, and subject to consistently recorded reserves for bad debts and returns, which reserves have been established in accordance with GAAP consistently applied (subject to normal recurring year-end adjustments), fairly reflect the past collection experience of Seller's business.
Trade Accounts Receivable. All Trade Accounts Receivables transferred to Buyer are recorded on the books of the Seller as of the Closing Date, represent bona fide transactions made in the ordinary course of the Business and, in the aggregate, are collectible in the ordinary course of the Business.
Trade Accounts Receivable. This account consisted of :- Accounts receivable - general 19,431,418 10,437,618 15,890,048 8,599,027 Accounts receivable - contract 321,058,763 268,075,433 248,806,080 196,571,395 Accounts receivable - compensation fund 6,567,960 5,303,371 6,423,100 5,198,002 Total 347,058,141 283,816,422 271,119,228 210,368,424 Net 324,782,673 267,771,082 249,642,052 195,293,266 Accounts receivable were presented by aging from the due date as follows: - Baht Consolidated financial statements Separate financial statements 2019 2018 2019 2018 Undue 167,994,804 145,226,883 121,684,517 95,624,665 Overdue Age 0 month to 3 months 127,951,812 106,440,905 101,748,408 84,868,670 Age 3 months to 6 months 16,449,421 10,272,254 14,778,107 9,526,628 Age 6 months to 12 months 16,055,820 9,211,245 15,100,205 8,653,508 Age over 12 months 18,606,284 12,665,135 17,807,991 11,694,953 Total 347,058,141 283,816,422 271,119,228 210,368,424 Transactions with allowance for doubtful accounts - accounts receivable as follows :- Baht Consolidated financial statements Separate financial statements 2019 2018 2019 2018 Beginning balance 16,045,340 13,709,161 15,075,158 12,789,378 Increase (Decrease) 6,230,128 2,344,342 6,402,018 2,285,780 Write off - (8,163) - - Ending balance 22,275,468 16,045,340 21,477,176 15,075,158 The Company’s management has contemplated about provision of allowance for doubtful accounts and believed that it is adequate for covering collection losses.
Trade Accounts Receivable. Except as otherwise disclosed on Part D, (1) the Ferro Sellers Own all of the Trade Accounts Receivable listed or described on Part D; (2) such Trade Accounts Receivable arose out of the ordinary course conduct of the Powder Coatings Business and are valid obligations, (3) except as and to the extent reserves and provisions have been established on the books of the Powder Coatings Business in accordance with the Accounting Principles, such Trade Accounts Receivable are carried on the books of the Powder Coatings Business at net realizable values, and (4) none of such Trade Accounts Receivable is owing to the Ferro Sellers or any of their Affiliates. Conformed Copy
Trade Accounts Receivable. All Trade Accounts Receivable that are no older than 90 days from date of invoice shall be valued at face value. All Trade Accounts Receivable that are older than ninety 90 days from date of invoice may, at the option of Buyer, be acquired by Buyer at face value or, if not acquired, shall be retained by Seller.
Trade Accounts Receivable. Trade Accounts Receivable Allowance for doubtful accounts Unpaid deferred revenues
Trade Accounts Receivable. All accounts receivable, unbilled invoices and other debts due or recorded with respect to the Business (the "Accounts Receivable").
Trade Accounts Receivable. The definition of Trade Accounts Receivable is hereby amended and restated in its entirety as follows:
