Aged Accounts Receivable definition

Aged Accounts Receivable means any accounts receivable of the Purchased Companies incurred in the ordinary course of business which have been outstanding for more than 120 days from the applicable due date pursuant to the relevant Contract.

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Aged Accounts Receivable means assets of the Sellers otherwise fitting the definition of “Accounts Receivable” which are aged greater than 90 days from the due date thereof.

Aged Accounts Receivable means those specific trade accounts receivable for each CTF Entity for the time up to and including the Effective Date that have been outstanding and remain uncollected for over 90 calendar days as at the time of the calculation of the Estimated Net Debt or Closing Net Debt, as the case may be;

Examples of Aged Accounts Receivable in a sentence

The Aged Accounts Receivable Report includes all delinquent receivables categorized by number of days past due.
Following the Closing Date and for a period of ninety (90) days thereafter, Purchaser and its Affiliates, including the Purchased Companies, shall use commercially reasonable efforts to collect any Aged Accounts Receivable and Purchaser and its Affiliates, including the Purchased Companies, shall not forgive the payment of any such amounts, or modify the terms of payment with respect thereto, without Sellers’ prior written consent.
These reports may include a monthly statement of Income, Expense, Itemized Expense, Aged Accounts Receivable, Aged Accounts Payable and a Balance Sheet.
Every covenant, term, and provision of this Agreement shall be construed simply according to its fair meaning and not strictly for or against the Member.
Commencing on the date of this Agreement, ▇▇▇▇▇▇ Capital shall administer the collection of all Accounts Receivable originated by the Company and shall forward an Aged Accounts Receivable Schedule to the Company weekly.

More Definitions of Aged Accounts Receivable

Aged Accounts Receivable means any Accounts Receivable which, as set forth in the aging report attached to Schedule 3.22(a) or the Accounts Receivable Schedule delivered pursuant to Section 5.2(a), originated (including by issuance of an invoice) prior to December 1, 2024, excluding Comingled Accounts Receivable.

Aged Accounts Receivable is defined in the definition of Current Assets.

Aged Accounts Receivable means all accounts receivable of the Company and its Subsidiary that remain outstanding as at the Closing Date that have been outstanding for 90 or more days since their respective invoice dates, as shown on a schedule delivered to Parent by Company at least three Business Days prior to the Closing Date.

Aged Accounts Receivable means accounts receivable aged beyond 90 days of invoice date.

Aged Accounts Receivable means the list of accounts receivable of the Business of the Target Group set forth on Schedule 1.1(c).

Aged Accounts Receivable has the meaning assigned to that term in Section 4.9(c).

Aged Accounts Receivable means the accounts receivable of the Acquired Entities, outstanding as of the Accounting Calculation Effective Time which (i) have been outstanding for more than ninety (90) days from the date of the relevant invoice or