Unbilled Account definition

Unbilled Account means each Eligible Account that was not billed within 45 days following the Discharge Date.

Unbilled Account means, on any date of determination, each Account of the Borrowers for which (a) the sale represented by such Account was made not more than thirty (30) days prior to such date and (b) an invoice has not yet been sent to the applicable Account Debtor with respect to such Account.

Unbilled Account means any Account with respect to which an invoice has not been sent to the applicable Account Debtor.

Examples of Unbilled Account in a sentence

• Such amount has been included in the Borrowing Base as an Eligible Unbilled Account for less than seventy-five (75) days.

• Actual services have been performed or actual work-in process Inventory has been produced which will give rise to accounts in the amount of such Eligible Unbilled Account owing by the recipient of such services or goods and there is evidence of the performance of such services or production of such goods reasonably acceptable to Lender.

• Without limiting the foregoing, no Account shall be an Eligible Unbilled Account if (a) it would not also be an Eligible Billed Account but for the fact that it is unbilled or otherwise no invoice has yet been issued with respect thereto; and (b) such Account continues as unbilled without issuance of an invoice for a period of 30 or more days.

• Eligible Unbilled Account: an Account as to which no invoice has yet been issued that is owing to a Borrowing Base Party, arises in the Ordinary Course of Business from the sale of goods or rendition of services and is deemed by Agent, in its Permitted Discretion, to be an Eligible Unbilled Account.

More Definitions of Unbilled Account

Unbilled Account means an Account in respect of which no invoice for such Account has been issued to the related Account Debtor.

Unbilled Account means an Account which meets all of the requirements to be an Eligible Account except that an invoice has not yet been generated and which is not unbilled more than thirty (30) days after the date the applicable goods were sold and delivered or the applicable services rendered.

Unbilled Account is the estimated face value amount (as reasonably determined by Borrower based upon the best information available to Borrower) of an invoice for an Account pursuant to services performed by Borrower, which invoice will be generated (but has not yet been generated) within thirty (30) days of the last day of the month in which such services were performed, net of any offsets.

Unbilled Account means an Account in respect of which the services have been rendered to the relevant customer or patient and rights to payment thereon have accrued, but the invoice has not been rendered to the applicable Account Debtor.

Unbilled Account means an Account with respect to which (a) the goods giving rise to such Account have been shipped but not billed to the Account Debtor, or (b) the services giving rise to such Account have been performed for but not billed to the Account Debtor.

Unbilled Account means an unpaid Account of Company arising from the sale or lease of goods or the performance of services, net of any credits, with respect to which Company has earned full payment but has not issued an invoice to the applicable account debtor.

Unbilled Account means any unbilled Account due to any Loan Party.