Billed Account definition

Billed Account means an Account in respect of which an invoice has been issued to the related Account Debtor.
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Billed Account means an unpaid Account of Company arising from the sale or lease of goods or the performance of any services, net of any credits, with respect to which Company has earned full payment and has issued an invoice to the applicable account debtor.
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Billed Account means any Account other than Unbilled Accounts.
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Examples of Billed Account in a sentence

  • Also specify the CT No., COA No., Plan ID No. or Main Billed Account No. (Note: Charges may apply as specified in the plan being discontinued.) 1.

  • As to each Account that is identified by Administrative Borrower as an Eligible Billed Account or a proposed Eligible Unbilled Account in a borrowing base report submitted to Agent, such Account is not excluded as ineligible by virtue of one or more of the excluding criteria set forth in the definition of Eligible Billed Accounts (other than, in the case of an Eligible Unbilled Account, the requirement that the applicable Account Debtor be billed for the services giving rise to such Account).

  • Xxxxxxxx – Loan, Security and Guaranty Agreement #53354946 EXECUTION VERSION Eligible Billed Account: with respect to each Obligor, each Account (subject to the requirements of this definition) of such Obligor arising in the Ordinary Course of Business that is subject to Agent's first priority perfected security interest and no other Lien (other than Permitted Liens), and is evidenced by an invoice or other documentary evidence satisfactory to Agent in its Permitted Discretion.

  • In determining whether a particular Billed Account constitutes an Eligible Billed Account, Agent shall not include any such Billed Account to which any of the exclusionary criteria set forth below applies.

  • Also specify the CT No., Plan ID No. or Main Billed Account No. (Note: Charges may apply as specified in the plan being discontinued.) ================================================================================ 1.

  • Each Lender may rely, in determining which Accounts are Eligible Billed Account Receivables and Eligible Unbilled Accounts Receivables, on all statements and representations made by each Borrower with respect to any Account or Accounts.

  • Eligible Billed Account - an Account owing to Conferencing-Canada or a Borrower that arises in the Ordinary Course of Business from the sale of goods or rendition of services for which an invoice has been issued by Conferencing-Canada or the Borrower, is payable in U.S. Dollars or, with respect to Accounts owing to Conferencing Canada, Canadian Dollars.

  • The Buyer shall use the same degree of diligence and effort to collect the Billed Accounts that it uses in collecting its own accounts receivable of comparable size; provided that the Buyer shall have no obligation to initiate a lawsuit to collect any Billed Account.

  • In consideration for Servicer’s providing the Services described herein, Purchaser shall pay to Servicer, during the period from Closing Date through Conversion Date, inclusive, a fee of three dollars ($3.00) per calendar month for each Billed Account outstanding during the month (pro-rated for partial months pursuant to section 6.2).

  • For the purpose of determining borrowing availability under the Borrowing Base, no Account may exist concurrently as an Eligible Billed Account and Eligible Unbilled Account.


More Definitions of Billed Account

Billed Account means an Account for which the Servicer has produced an original statement during the applicable period within the Interim Servicing Period (in accordance with Servicer’s Policies and Procedures and at the completion of its billing cycle), as shown on Seller’s system generated, daily management reports relative to the Accounts.
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Billed Account means an Account of any Borrowing Base Party in which: (a) a Borrowing Base Party Customer is the Account Debtor and (b) the Borrowing Base Party has invoiced the Borrowing Base Party Customer for all amounts payable to the Borrowing Base Party in respect of such Account and, with respect to any collection services, has notified the Borrowing Base Party Customer of the collected amount of such Borrowing Base Party Customer's accounts receivable. Notwithstanding the foregoing, Billed Accounts shall not include any Account of any Borrowing Base Party arising from either the Emergency Physician Services Business or the Application Software Business Division.
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Billed Account means an account that is assigned a unique
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Related to Billed Account

  • Controlled Account each Deposit Account and Securities Account that is subject to a Control Agreement in form and substance reasonably satisfactory to the Administrative Agent and the Issuing Lender.

  • Controlled Accounts means the Collection Account and the Unfunded Exposure Account.

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Related Account means an Account with respect to which a new credit account number has been issued by the Servicer or the applicable Seller or other Account Owner under circumstances resulting from a lost or stolen credit card and not requiring standard application and credit evaluation procedures under the Credit Card Guidelines.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Designated Account means the Deposit Account of Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrower to Agent).

  • Applicable Account means, with respect to any payment to be made to the Administrative Agent hereunder, the account specified by the Administrative Agent from time to time for the purpose of receiving payments of such type.

  • FIXED ACCOUNT is a separate investment account of ours into which purchase payments may be invested or Account Value may be transferred.

  • Linked Account means any controlled disbursement account, controlled balance account or other deposit account maintained by a Collection Account Bank for the Parent, the Performance Guarantor, the Servicer, any Originator or any Affiliate thereof and linked to any Collection Account by a zero balance account connection or other automated funding mechanism or controlled balance arrangement.

  • Disbursement Account has the meaning ascribed to it in Section 1.1(e).

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Covered Account means an Account established by a financial intermediary for another as the owner of record on the Fund Registry and through which such owner of record has the ability to conduct transactions in Fund shares directly with and through BNYM.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Excluded Account means (a) any deposit account specifically and exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of any Loan Party’s employees and (b) any Xxxxx Cash Accounts.

  • Eligible Account Any of (i) an account or accounts maintained with a federal or state chartered depository institution or trust company the short-term unsecured debt obligations of which (or, in the case of a depository institution or trust company that is the principal subsidiary of a holding company, the debt obligations of such holding company) have the highest short-term ratings of each Rating Agency at the time any amounts are held on deposit therein, or (ii) an account or accounts in a depository institution or trust company in which such accounts are insured by the FDIC or the SAIF (to the limits established by the FDIC or the SAIF, as applicable) and the uninsured deposits in which accounts are otherwise secured such that, as evidenced by an Opinion of Counsel delivered to the Trustee and to each Rating Agency, the Certificateholders have a claim with respect to the funds in such account or a perfected first priority security interest against any collateral (which shall be limited to Permitted Investments) securing such funds that is superior to claims of any other depositors or creditors of the depository institution or trust company in which such account is maintained, or (iii) a trust account or accounts maintained with (a) the trust department of a federal or state chartered depository institution or (b) a trust company, acting in its fiduciary capacity or (iv) any other account acceptable to each Rating Agency. Eligible Accounts may bear interest, and may include, if otherwise qualified under this definition, accounts maintained with the Trustee.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.