Common use of Accounts Receivable; Accounts Payable Clause in Contracts

Accounts Receivable; Accounts Payable. Except as set forth on Schedule 4.25, the Accounts Receivable on the Closing Date Balance Sheet are collectible in the ordinary course of business, net of the reserves established with respect thereto. Except as set forth on Schedule 4.25, there has been no change since the Balance Sheet Date (other than in the ordinary course of business) in the amount of the Accounts Receivable or other fees or debts due to Sellers or the allowances with respect thereto, or Accounts Payable by Sellers, from that reflected in the Base Date Balance Sheet.

Appears in 2 contracts

Samples: Plan and Agreement of Reorganization (Castle Dental Centers Inc), Asset Purchase Agreement (Castle Dental Centers Inc)

AutoNDA by SimpleDocs

Accounts Receivable; Accounts Payable. Except as set forth on Schedule 4.254.24, the Accounts Receivable on the Closing Date Balance Sheet are collectible in the ordinary course of business, net of the reserves established set up with respect thereto. Except as set forth on Schedule 4.254.24, there has been no change since the Balance Sheet Date (other than in the ordinary course of business) in the amount of the Accounts Receivable or other fees or debts due to Sellers Seller or the allowances with respect thereto, or Accounts Payable by SellersSeller, from that reflected in the Base Date Balance Sheet.

Appears in 1 contract

Samples: Asset Purchase Agreement (Castle Dental Centers Inc)

Accounts Receivable; Accounts Payable. Except as set forth on Schedule 4.254.24, the Accounts Receivable on the Closing Date Balance Sheet are collectible in the ordinary course of business, net of the reserves established with respect thereto. Except as set forth on Schedule 4.254.24, there has been no change since the Balance Sheet Date (other than in the ordinary course of business) in the amount of the Accounts Receivable or other fees or debts due to Sellers Seller or the allowances with respect thereto, or Accounts Payable by SellersSeller, from that reflected in the Base Date Balance Sheet.

Appears in 1 contract

Samples: Asset Purchase Agreement (Castle Dental Centers Inc)

AutoNDA by SimpleDocs

Accounts Receivable; Accounts Payable. Except as set forth on Schedule 4.25, the Accounts Receivable on the Closing Date Balance Sheet are collectible in the ordinary course of business, net of the reserves established with respect thereto. Except as set forth on Schedule 4.25, there has been no material adverse change since the Closing Balance Sheet Date (other than in the ordinary course of business) in the amount of the Accounts Receivable or other fees or debts due to Sellers the Company or the allowances with respect thereto, or any material adverse change in Accounts Payable by Sellersthe Company, from that reflected in the Base Closing Date Balance Sheet.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Castle Dental Centers Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.