Ineligible Accounts shall include the following Accounts:
Ineligible Accounts means, with respect to the U.S. Borrowers or the Canadian Borrower and any Canadian Subsidiary Guarantors, as applicable, at any date of determination, an amount equal to the aggregate value of all Qualified Accounts of the U.S. Borrowers or the Canadian Borrower and any Canadian Subsidiary Guarantors, as applicable, described in one or more of the following clauses, without duplication:
Ineligible Accounts means: (a) Accounts created from the sale of -------------------- goods and services on non-standard terms and/or that allow for payment to be made more than thirty (30) days from date of sale; (b) Accounts unpaid: (i) more than one-hundred twenty (120) days from date of invoice if the Account Debtor is the United States of America, any state, or any local government, or any department, agency, instrumentality or subdivision thereof (herein, a "Governmental Account Debtor"), or (ii) more than ninety (90) days from date of ---------------------------- invoice if the Account Debtor is not a Governmental Account Debtor; (c) all Accounts of any Account Debtor if fifty percent (50%) or more of the outstanding balance of such Accounts are unpaid: (i) more than one hundred twenty (120) days from the date of invoice if such Account Debtor is a Governmental Account Debtor, or (ii) more than ninety (90) days from the date of invoice if such Account Debtor is not a Governmental Account Debtor; (d) Accounts for which the Account Debtor is an officer, director, shareholder (which is not publicly traded on a recognized exchange), partner, member, owner, employee, agent, parent, Subsidiary (excepting, however, Eligible TIFS Accounts, as defined herein), or Affiliate of, or is related to, Borrower or has common shareholders, officers, directors, owners, partners or members with Borrower; (e) Accounts arising from any xxxx-and-hold sale, guaranteed sale, sale and return, sale on approval, consignment sale, or any sale on a repurchase or return basis; (f) Accounts for which the payment is or may be conditional; (g) Accounts for which the Account Debtor is not a commercial or institutional entity or is not a resident of the United States or Canada; (h) Accounts with respect to which any warranty or representation provided in Section 8.19 is not true and correct; (i) ------------ Accounts which represent goods or services purchased for a personal, family or household purpose; (j) Accounts which represent goods used for demonstration purposes or loaned by Borrower to another party; (k) Accounts which are progress payment, barter, or contra accounts; and (l) any and all other Accounts which DFS deems to be ineligible, in its reasonable credit judgment.
Examples of Ineligible Accounts in a sentence
Securities Accounts that are not eligible for the Bank Sweep Programs (Ineligible Accounts) include (1) any Securities Account owned by a financial institution, (2) Plans with a pooled plan structure, (3) any Securities Account owned by a revocable trust or irrevocable trust if all trust beneficiaries are natural persons and/or nonprofit organizations and (4) Plans established under Section 403(b)(7) of the Code.
Account means a deposit account (except Ineligible Accounts) that you maintain with us for personal, family or household use.
Tax-Advantaged Securities Accounts and BasicInvestment AccountsOther than the Bank Sweep Programs and excluding Ineligible Accounts, UBS does not offer sweep options for the investment of Free Cash Balances for tax-advantaged Securities Accounts or Basic Investment Accounts, whether tax-advantaged or not.
The age of Ineligible Accounts, as agreed by the parties in the Contract was defined as “(iii) the Seller charged-off the account prior to the calendar month preceding the Closing Date...
As a result, Hergert Milling was able to manipulate the credit available on its FNBO loans by increasing the reported Total Accounts Receivable, decreasing the reported amount of Ineligible Accounts, and/or increasing the reported grain inventory.
More Definitions of Ineligible Accounts
Ineligible Accounts has the meaning specified in Section 1.7.
Ineligible Accounts shall have the meaning set forth in Section 3.d.iii.
Ineligible Accounts. Purchased Accounts:
Ineligible Accounts shall be as defined in Schedule A.
Ineligible Accounts means: (a) Accounts created from the sale of goods and services on non-standard terms and/or that allow for payment to be made more than thirty (30) days from date of sale; (b) Accounts unpaid more than ninety (90) days from date of invoice; (c) all Accounts of any Account Debtor if fifty percent (50%) or more of the outstanding balance of such Accounts are unpaid more than ninety (90) days from the date of invoice; (d) Accounts for which the Account Debtor is an officer, director, shareholder, partner, member, owner, employee, agent, parent, Subsidiary, or Affiliate of, or is related to, Borrower or has common shareholders, officers, directors, owners, partners or members with Borrower; (e) consignment sales; (f) Accounts for which the payment is or may be conditional; (g) Accounts for which the Account Debtor is not a commercial or institutional entity or is not a resident of the United States or Canada; (h) Accounts with respect to which any warranty or representation provided in Section 7.19 is not true and correct; (i) Accounts which represent goods used for demonstration purposes or loaned by Borrower to another party; (j) Accounts which are progress payment, barter, or contra accounts; and (k) any and all other Accounts which DFS deems to be ineligible.
Ineligible Accounts means: (a) Accounts created from the sale of goods and services on non-standard terms and/or that allow for payment to be made more than thirty (30) days from date of sale; (b) Accounts unpaid: (i) more
Ineligible Accounts means: (a) Accounts created from the sale of goods and services on non-standard terms and/or that allow for payment to be made more than thirty (30) days from date of sale; (b) Accounts unpaid more than ninety (90) days from date of invoice; (c) all Accounts of any Account Debtor if fifty percent (50%) or more of the outstanding balance of such Accounts are unpaid more than ninety (90) days from the date of invoice; (d) Accounts for which the Account Debtor is an officer, director, shareholder, partner, member, owner, employee, agent, parent, Subsidiary, or Affiliate of, or is related to, Borrower or has common shareholders, officers, directors, owners, partners or members with Borrower; (e) consignment sales; (f) Accounts for which the payment is or may be conditional; (g) Accounts for which the Account Debtor is not a commercial or institutional entity or is not a resident of the United States or Canada; (h) Accounts with respect to which any warranty or representation provided in Section 8.19 is not true and correct; (i) Accounts which represent goods or services purchased for a personal, family or household purpose; (j) Accounts which represent goods used for demonstration purposes or loaned by Borrower to another party; (k) Accounts which are progress payment, barter, or contra accounts; and (l) any and all other Accounts which DFS deems to be ineligible.