Outstanding Accounts definition

Outstanding Accounts as of any date means the Accounts other than those which, as of or prior to such date as indicated in any report of the Servicer delivered to the Trustee pursuant to Section 3.01 of the Servicing Agreement, have been the subject of a Full Prepayment or as to which the Servicer has determined that no further amounts can be recovered.
Outstanding Accounts means amounts owing to the Commission including current accounts receivable and accounts that the Commission has written off through appropriate legal procedures. The term does not include amounts owing to the Commission that have been lawfully discharged through bankruptcy proceedings or amounts that are the subject of a proceeding pending before the Commission.
Outstanding Accounts means any levy for sewer service charges which remains unpaid in whole or in part for 30 days from the date of billing.

Examples of Outstanding Accounts in a sentence

  • Annex B sets forth a complete and correct list of all Outstanding Accounts Payable (including, without limitation the applicable vendor and outstanding balance in respect thereof) known to Borrower on the Restatement Date.

  • Upon the Seller’s reimbursement of the Outstanding Accounts Receivables to the Buyer, the Buyer shall assign the right for collection of the Outstanding Account Receivables to the Seller.

  • Sellers, after such assignment, may take such proceedings as it deems advisable to collect the Outstanding Accounts Receivable so assigned, but Sellers will indemnify, defend and hold Buyer harmless from and against all Claims incurred by Buyer directly, by reason of such proceedings.

  • Buyer shall be entitled to receive all proceeds to which Seller would otherwise be entitled to received for work performed by Seller under the Assumed Customer Contracts or otherwise and which had not been received by Seller on or prior to August 19, 1996 (the "Outstanding Accounts Receivable").

  • Buyer agrees to take all reasonable steps necessary to collect the accounts receivable of Sellers (the "Outstanding Accounts Receivable") that are outstanding as of the Closing Date.

  • Outstanding Accounts Receivable of the Companies as of the Closing Date, which are set forth on Schedule 2.6(i)(B).

  • Seller shall deliver updated, complete and accurate Schedules listing all Outstanding Accounts Receivable, Inventory, Purchase Orders, Customer Orders and Assumed Accounts Payable, all as of the Closing Date, within fifteen (15) Business Days following the Closing.

  • On or prior to the Closing Date, Purchaser shall have paid to Seller any and all amounts due on or prior to the Closing Date on such dates and in such amounts as provided in the instruments or invoices governing Purchaser's Outstanding Accounts Receivable under Purchaser's Outstanding Accounts Receivable.

  • Seller shall remit to the Company the aggregate amount of any Outstanding Accounts Receivable within thirty (30) days of receipt of the written notice of Purchaser indicating the aggregate amount of Outstanding Accounts Receivable; provided, however, Seller shall not have the obligation to remit any amount to the Company unless the aggregate of Outstanding Accounts Receivable exceeds $25,000, in which event Seller shall be liable for all Outstanding Accounts Receivable.

  • Every two weeks after the Closing, the Purchaser shall deliver to the Sellers a certificate, showing how much of the Outstanding Accounts Receivable were received by the Company during such two-week period.


More Definitions of Outstanding Accounts

Outstanding Accounts. – means any monies owed to the Aamjiwnaang First Nation;
Outstanding Accounts the sum of all Revolving Advances outstanding, the debit balance on the Current Account and the interest due
Outstanding Accounts means amounts owing to the Commission including current accounts receivable and accounts that the Commission has written" or "OTRS" means a telephone transmission service that provides the ability for an individual who is deaf, hard off through appropriate legal procedures. The term does not include amounts owing to the Commission that have been lawfully discharged through bankruptcy proceedings or amounts that are the subject of a proceeding pending before the Commisshearing, deaf-blind, or who has a speech disability to engage in communication by wire or radio with one or more individuals, in a manner that is functionally equivalent to the ability of a hearing individual who does not have a speech disability to communicate using voice communication services by wire or radion.¶
Outstanding Accounts. – means any monies owed to the Aamjiwnaang First Nation; “Policy” means the Aamjiwnaang First Nation Housing Policy;
Outstanding Accounts means amounts owing to the Commission including, but not limited to, current accounts receivable and accounts which the Commission has written off through appropriate legal procedures. The term does not include amounts owing to the Commission which have been lawfully discharged through bankruptcy proceedings or amounts which are the subject of a proceeding pending before the Commission.

Related to Outstanding Accounts