Accounts Receivable and Advances. Exhibit 3.12 contains a true and accurate schedule of all accounts receivable of the Company in excess of $5,000 and originating on or prior to October 31, 2001, and all loans and advances to third parties ("Advances"). Except as disclosed on Exhibit 3.12, (a) each account receivable of the Company (collectively, the "Accounts Receivable") represents a sale made in the ordinary course of business other than to Affiliates and which arose pursuant to an enforceable written Contract for a bona fide sale of goods or for services performed, and the Company has performed all of its obligations to produce the goods or perform the services to which such Account Receivable relates, and (b) to the best of Sellers' knowledge, no Account Receivable or Advance, in each case in excess of $1,000, is subject to any claim for reduction, counterclaim, set-off, recoupment or other claim for credit, allowances or adjustments by the obligor thereof. Except as reserved against in the Financial Statements, all Accounts Receivable and Advances are collectible in full within 90 days of their origination.
Accounts Receivable and Advances. Exhibit 3.12 contains a true and accurate schedule of all accounts receivable of the Company in excess of $5,000 and originating on or prior to December 31, 2001, and all loans and advances to third parties ("Advances").
Accounts Receivable and Advances. Except as disclosed on Schedule 3.01(bb), (i) each account receivable of the Company (collectively, the "Accounts Receivable") represents a sale made in the ordinary course of business other than to affiliates and which arose pursuant to an enforceable written contract for a bona fide sale of goods or for services performed, and the Company has performed all of its obligations to produce the goods or perform the services to which such Accounts Receivable relates, and (ii) no Account Receivable is subject to any claim for reduction, counterclaim, set-off, recoupment or other claim for credit, allowances or adjustments by the obligor thereof, in an amount individually or in the aggregate that would have a Company Material Adverse Effect.
Accounts Receivable and Advances. (i) Each account receivable of Westford Group (collectively, the "Accounts Receivable") represents a sale made in the ordinary course of business other than to affiliates and which arose pursuant to an enforceable contract for a bona fide sale of goods or for services performed, and Westford Group has performed all of its obligations to produce the goods or perform the services to which such Accounts Receivable relates, and (ii) to the best of knowledge of Westford Group, no Accounts Receivable is subject to any claim for reduction, counterclaim, set-off, recoupment or other claim for credit, allowances or adjustments by the obligor thereof, in an amount individually or in the aggregate that would have a Westford Material Adverse Effect.
Accounts Receivable and Advances. Schedule 3.12 contains an accurate and complete schedule of all accounts receivable of the Company that have arisen in connection with the Tour for year 2000 ("Accounts Receivable") and all loans and advances to third parties ("Advances"), each as of the date hereof, but excluding all accounts receivable that have arisen in connection with Contracts that have been negotiated principally by Purchaser on behalf of the Company. Except as disclosed on Schedule 3.12: (a) each Account Receivable represents a sale made in the ordinary course of business and which arose pursuant to an enforceable written Contract for a bona fide sale of goods or for services performed, and the Company has performed all of its obligations to produce the goods or perform the services to which such Account Receivable relates; and (b) to the knowledge of the Company and the Sellers, after due inquiry, no Account Receivable or Advance is subject to any claim for reduction, counterclaim, set-off, recoupment or other claim for credit, allowances or adjustments by the obligor thereof.
Accounts Receivable and Advances. (a) The Company shall have no accounts receivable, loans and/or advances payable to any Persons ("Advances") other than as specified in Exhibit 3.6. The Sellers shall caused to be extinguished any obligations or liabilities as specified in Exhibit 3.6. by the closing date or concurrent to the closing date.
Accounts Receivable and Advances. Except as disclosed on Schedule 3.1(aa), (i) each account receivable of the Company (collectively, the "Receivables") represents revenue due from consulting arrangements and related items made in the ordinary course of business other than to affiliates and which arose pursuant to an enforceable contract for services performed, and the Company has performed all of its obligations to perform the services to which such Receivables relate, and (ii) to the best of knowledge of the Company and Masox, xx Receivable is subject to any claim for reduction, counterclaim, set-off, recoupment or other claim for credit, allowances or adjustments by the obligor thereof.
Accounts Receivable and Advances. (a) EXHIBIT 3.13 contains a true and accurate schedule of all accounts receivable of the Company and all loans and advances to all Persons ("Advances").
Accounts Receivable and Advances. Schedule 3.12 contains a true and accurate schedule of all accounts receivable of Seller and the Subsidiaries (“Accounts Receivable”) and all loans and advances to third parties (“Advances”). Except as disclosed on Schedule 3.12, (a) all Accounts Receivable are reflected properly on Seller’s books and records, (b) each Account Receivable that represents a retail installment obligation was purchased in the ordinary course of business and arose pursuant to an enforceable written Contract for a consumer loan, and Seller and the Subsidiaries have performed all of their obligations to purchase each such retail installment obligation, and (c) each Account Receivable or Advance is a valid receivable or Advance and is not, to the Knowledge of Seller and Parent, subject to any claim for reduction, counterclaim, set-off, recoupment or other claim for credit, allowances or adjustments by the obligor thereof.
Accounts Receivable and Advances. All accounts receivable of the -------------------------------- Partnership and the LLC, whether reflected in the Financial Statements or otherwise, represent sales made or services performed in the ordinary course of business, at the aggregate recorded amounts thereof, subject to no valid counterclaims or setoffs, except to the extent reserved against in the Financial Statements or otherwise in the books and records of the Partnership and the LLC on a basis and in amounts consistent with past practice.
