Bad Debts. Contractor shall have the right to accept payment by checks and to conduct all or a part of its business on a credit basis; provided, however, that the risk of such operation shall be borne by Contractor, and Contractor shall not be permitted to deduct from Gross Receipts any bad debts or nonpayments by customers.
Bad Debts. Any losses arising from uncollectible accounts and other claims, and related costs, are unallowable.
Bad Debts. 15.1 The Parties acknowledge and agree that the Agency Fee payable from time to time under this agreement has been structured based on historical levels and historical rates of enforcement and collection of bad debts within the DiverseyLever Business.
Bad Debts. Without limiting the application of the definition of “Excluded Income”, within 3 months from the end of every Financial Year, the Licensee may send to Recorded Music a statement of bad debts of the Licensee written off for that Financial Year certified true and correct by a chartered accountant. On receipt of such certificate, Recorded Music shall, if satisfied that such bad debts have been written off for such Financial Year, rebate from the Licence Fee payable under this agreement by the Licensee in respect of the Financial Year to which the write-off relates, a sum calculated by multiplying the amount of the certified write-off by the Licence Fee rate applicable to the Licensee's business. Announcements, data supply and statement of use:
Bad Debts. The Agent and Directors must reimburse the Bank (and any of its Related Bodies Corporate) for any bad debts incurred by the Bank (or its Related Bodies Corporate):
Bad Debts. The Sellers covenant to pay to the Purchaser on demand a sum equal to the aggregate amount of any debts or amounts comprising the December Receivables which are not recovered by the Company by 1 July 2007.
Bad Debts. Loss from bad debts or uncollectable accounts will be borne by JJC. Canterbury will provide JJC a monthly report of unpaid accounts receivable balances on JJC’s customers.
Bad Debts. Ting or a contracted service provider shall be responsible for any and all bad debts associated with its Subscribers.
Bad Debts a. IC shall be liable for bad debts and may be held liable for collection charges incurred if IC defaults in payments to INNOVATIVE EYEWEAR, as outlined in (Schedule “C”) Innovative Eyewear, Inc. 100 Xxxxxxxx Xxxx, Xxxxx 000, Xxxxx, XX 00000
Bad Debts. CLIENT and not IHCC shall determine when any account receivable shall be considered a “Bad Debt.” Notwithstanding the foregoing, the charge for any patient who fails to remit payments or for wham payment is not received from Medicare, Medicaid and/or other third-party payor after an initial bxxx and four (4) monthly patient statements (or such greater number of statements as may be required by applicable law) have been transmitted shall be deemed a "Bad Debt" for purposes of this Agreement. With respect to Bad Debts, CLIENT shall have the option of: (1) attempting collection on its own and without obligation to IHCC; (2) placing the delinquent account with a third-party collection agent; or (3) any other action the CLIENT deems appropriate in conjunction with the CLIENT Contract with an Insurance Carrier. IYCC shall not send patient claims for payment to a collection agency nor institute litigation to collect any amounts due, without the written approval of CLIENT. Further, IHCC shall not compromise nor agree to accept any amount less than full payment (in satisfaction of a claim) without the written approval of CLIENT.
