Billed Receivables definition

Billed Receivables means Receivables that have been invoiced and sent to an Account Debtor for payment, by Borrower, by a local exchange carrier (including, Xxxx Atlantic, SBC Communications, Ameritech and US West), or by a third party billing company (including, OAN and GTE Choicebilling).

Billed Receivables means the aggregate sum of Accounts Receivable for which invoices have been delivered to customers in the Ordinary Course of Business, pursuant to which one or more Sellers were entitled to issue invoices and Sellers met (directly or through one or more subcontractors) under the applicable Contract.

Billed Receivables means all billed accounts receivable of the Company as determined in accordance with GAAP.

Examples of Billed Receivables in a sentence

• In addition, if Accounts of Borrower in an aggregate face amount in excess of $500,000 become ineligible because they fall within one of the specified categories of ineligibility set forth in the definition of Eligible Billed Receivables or Eligible Unbilled Receivables, Borrower shall notify Agent of such occurrence within two (2) Business Days following its discovery of such occurrence and the Borrowing Base shall thereupon be adjusted to reflect such occurrence.

• Specific receivables constituting Transferred Net Billed Receivables shall be a representative cross selection of the Net Billed Receivables and shall be selected by Seller.

• With each such delivery of a Borrowing Base Certificate, the Borrower shall deliver to the Agent an aging of the Eligible Billed Receivables, so that the Agent can adjust the amount of such Receivables that are outstanding more than 90 days after their invoice date, in relation to the amount of such aged Receivables reflected in the immediately preceding Borrowing Base Certificate delivered by the Borrower to the Agent.

• Such Transferred Net Billed Receivables constitute the property of Seller, provided that Buyer will collect such Transferred Net Billed Receivables in the same manner and with the same care as its own receivables.

• URE —> RE —> CRE AGENCIES MUST FOLLOW UP ON OPEN BILLED AND UNBILLED RECEIVABLES, KEEPING THE OFFICE OF THE COMPTROLLER INFORMED OF THESE ACTIONS THROUGH STATUS REPORTS.Procedures and Documentation Billed Receivables (RE) Billed Receivables (RE) are used to recognize revenue in FMS Accounting and to notify the Office of the Comptroller a claim has been filed with the grantor (Do not wait until the funds are received).

More Definitions of Billed Receivables

Billed Receivables means accounts receivable of Company for which invoices have been delivered to customers and which represent valid billing pursuant to arm's length sales actually made, billed, dated and delivered in the ordinary course of business in accordance with the terms of the underlying contracts pursuant to which Company was entitled to issue invoices and Company met all contractual conditions required under the applicable contract to issue such invoices. The members of the executive management committee of 11 Company are not aware of any material disputes, counterclaims or claims for offset with respect to Billed Receivables which have been issued within 90 days of the date hereof. All unbilled accounts receivable ("UNBILLED RECEIVABLES") represent accounts for receivables recorded in the ordinary course of business pursuant to arm's length sales.

Billed Receivables means any Receivable of any Seller, other than a GSA Receivable, arising under a Contract that has been billed to the relevant Obligor.

Billed Receivables means all accounts receivable arising from the operation of the Business with respect to (x) finished products and spare parts that have been shipped to customers of the Business, and (y) services performed for customers of the Business, in each case, for which invoices have been issued or which any Seller invoices in the ordinary course of the Business after the products or services are shipped or performed. A list of Billed Receivables as of September 30, 1995 is, to the best of Sellers' knowledge, set forth on Schedule M.

Billed Receivables means, on the relevant Purchase Date, a Receivable that has arisen under a Contract in respect of the sale of chemical products to an Obligor and in respect of which an Invoice has been issued on or prior to such Purchase Date. “ Breach of Duty ” means in relation to any Person, a wilful default, fraud, illegal dealing, negligence or breach of any agreement by such Person. “ Business Day ” means a day (other than a Saturday or a Sunday) on which banks are generally open for business in London, Dublin, Zurich, Rotterdam, New York, Dallas, Texas, and, except with respect to any U.S. Transaction Document, which is a TARGET Day. “ Carry Cost Stress Rate ” means the aggregate (expressed as a percentage) of: (i) 2 x the current proportion (expressed as a percentage) of the Receivables from Unrestricted Countries divided by the

Billed Receivables means those Receivables that had been invoiced by Continental prior to June 17, 1996. The Billed Receivables totaled $2,315,354.40 at June 17, 1996 and are listed on the three pages of Schedule A to the Collection and Servicing Agreement headed "JUNEADJ". "Other Receivables" shall mean all Receivables other than the Billed Receivables. The Other Receivables totaled $2,870,465.21 at June 17, 1996 and are listed on the five pages of Schedule A to the Collection and Servicing Agreement captioned "Deferred Progress Billing". Continental hereby assigns to Digimedics all of the Other Receivables to the extent they remain uncollected on the date of this Agreement. Digimedics shall retain one hundred percent (100%) of any amounts collected after the date of this Agreement with respect to the Other Receivables. This Agreement shall not modify the terms of the Collection and Servicing Agreement with respect to the Billed Receivables. Except as otherwise provided in the Collection and Servicing Agreement, Continental shall be entitled to seventy percent (70%) and Digimedics shall be entitled to thirty percent (30%) of the amount of Billed Receivables actually collected.

Billed Receivables means Receivables for services performed which have been sent to ACH for collection.

Billed Receivables means Eligible Receivables specifically arising from the sale of electric generation by a Borrower to end users, which sales have been reflected in an energy meter and have been entered on consolidated and/or dual bills delivered to such end users.