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.

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

• Schedule of Aged Accounts Receivable, including portion due within ninety (90) days.

• 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.

• The Consultant shall provide to the Provider a minimum of four (4) standard reports each month including: (a) Aged Accounts Receivable, (b) Month End Summary, (c) Annual Collection Statistics, and (d) Transaction Journal.

• These reports may include a monthly statement of Income, Expense, Itemized Expense, Aged Accounts Receivable, Aged Accounts Payable and a Balance Sheet.

More Definitions of Aged Accounts Receivable

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

Aged Accounts Receivable means all accounts receivable aged more than 120 days past their contractual due date.

Aged Accounts Receivable is defined in Section 3.1(d).

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

Aged Accounts Receivable has the meaning assigned to such term in Section 7.14.

Aged Accounts Receivable means all rights to receive payment on accounts for services rendered or goods sold or to be sold by either Seller which remain unpaid for a period greater than 45 days from and including the applicable invoice date, and which are listed on Schedule 5.6(a) under the caption "Total Greater Than 45 Days."

Aged Accounts Receivable means trade accounts receivable aged beyond one hundred twenty (120) days as of the Closing Date that are listed on Schedule 5.24; provided, however, that for purposes of the definition of Current Assets the following trade accounts receivable shall not constitute “Aged Accounts Receivable”: Invoice No. 42050, dated April 23, 2007, in the amount of $154,228; Invoice No. 42161, dated May 4, 2007, in the amount of $605.21; Invoice No. 42286, dated April 23, 2007, in the amount of $154,240; Invoice No. 42236, dated May 15, 2007, in the amount of $2,269; Invoice No. 42237, dated May 15, 2007, in the amount of $2,269; and Invoice No. 42503, dated May 31, 2007, in the amount of $176,797.10.