Trade Debts. (i) The receivables owing from trade debtors included in the audited accounts owed to the Company have realised or will be realised in the Ordinary Course of Business (but in respect of each debt, no later than 90 (ninety) days after it first arose).
Trade Debts. (a) The receivables owing from trade debtors included in the Accounts owed to the Company or the Subsidiaries have been realised or are expected to be realised in a manner consistent with past performance of the Company or the Subsidiaries, as applicable.
Trade Debts. (a) The Trade Debts will remain the absolute property of the Vendor following Completion.
Trade Debts. All trade debts accounted for as such in any financial document referred to above, are normal trade debts incurred in the normal course of business on normal terms relevant thereto, and are fully payable and not overdue.
Trade Debts. Once all Trade Debts (as defined in the Purchase Agreement) have been settled pursuant the terms and conditions of the Purchase Agreement, Medco shall acquire all of the Participating Interests (as defined in the Joint Operating Agreement) held by Purchaser, so that Medco becomes the direct owner of the Assets (as defined in the Purchase Agreement). Notwithstanding any provision in this Guarantee to the contrary, this Guarantee shall be deemed to have been fully discharged and shall cease to be valid or of any force or effect immediately following acquisition by Medco of the Participating Interests and Vendor shall forthwith thereafter cancel and return the original of this Guarantee to Medco.
