Common use of Trade Debts Clause in Contracts

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). (ii) Each receivable (other than those due from trade debtors) shown as an asset of the Company in the audited accounts represent bona fide sales made in Ordinary Course of Business. (iii) The receivables owing from trade debtors owed to the Company at the Closing Date (other than debts included in the audited accounts) will be realised within 90 (ninety) days of the date of invoice. (iv) Each receivable (other than those due from trade debtors) shown as an asset of the Company in the Delivered Financial Statements is a valid and subsisting debt and the Company will realise the nominal amount of the debt (and all interest and other charges payable) in accordance with its terms. (v) The receivables (other than those owing from trade debtors) owed to the Company at the Closing Date be realised within 90 (ninety) days of the date of invoice. (vi) No receivable owed to the Company has been written down or written off.

Trade Debts. (i) 19.2.1. 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). (ii) 19.2.2. Each receivable (other than those due from trade debtors) shown as an asset of the Company in the audited accounts represent bona fide sales made in Ordinary Course of Business. (iii) 19.2.3. The receivables owing from trade debtors owed to the Company at the Closing Date (other than debts included in the audited accounts) will be realised within 90 (ninety) days of the date of invoice. (iv) 19.2.4. Each receivable (other than those due from trade debtors) shown as an asset of the Company in the Delivered Financial Statements financial statements is a valid and subsisting debt and the Company will realise the nominal amount of the debt (and all interest and other charges payable) in accordance with its terms. (v) 19.2.5. The receivables (other than those owing from trade debtors) owed to the Company at the Closing Date be realised within 90 (ninety) days of the date of invoice. (vi) No 00.0.0. Xx receivable owed to the Company has been written down or written off.

Trade Debts. (i) 21.3.1. 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). (ii) 21.3.2. Each receivable (other than those due from trade debtors) shown as an asset of the Company in the audited accounts represent bona fide sales made in Ordinary Course of Business. (iii) 21.3.3. The receivables owing from trade debtors owed to the Company at the Closing Date (other than debts included in the audited accounts) will be realised within 90 (ninety) days of the date of invoice. (iv) 21.3.4. Each receivable (other than those due from trade debtors) shown as an asset of the Company in the Delivered Financial Statements financial statements is a valid and subsisting debt and the Company will realise the nominal amount of the debt (and all interest and other charges payable) in accordance with its terms. (v) 21.3.5. The receivables (other than those owing from trade debtors) owed to the Company at the Closing Date be realised within 90 (ninety) days of the date of invoice. (vi) 21.3.6. No receivable owed to the Company has been written down or written off.