Book debts. The debts owing to the Company included in the Accounts have realised or will realise, in the ordinary course of collection, their nominal amounts plus any accrued interest less any provisions for bad and doubtful debts included in the Accounts. Indebtedness, loans and bank accounts
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Sources: Agreement for the Sale and Purchase of Shares (Sothebys)
Book debts. The debts owing to the Company included in the Accounts have realised or will realise, in the ordinary course of collection, their nominal amounts plus any accrued interest less any provisions for bad and doubtful debts included in the Accounts. Indebtedness, loans and bank accounts.
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Sources: Agreement for Transfer of Share Capital (SBS Broadcasting S A)
Book debts. (a) The debts owing to the Company included in the Accounts have realised or will realise, in the ordinary course of collection, their nominal amounts plus any accrued interest less any provisions for bad and doubtful debts included in the Accounts. Indebtedness, loans and bank accounts.
Appears in 1 contract
Sources: Agreement for Transfer of Share Capital (SBS Broadcasting S A)
Book debts. (1) The debts owing to the Company included in the Accounts have realised or will realise, in the ordinary course of collection, their nominal amounts plus any accrued interest less any provisions for bad and doubtful debts included in the Accounts. Indebtedness, loans and bank accounts.
(2) The Seller has no reason to believe that any debt owing to a Company at the date of this agreement (other than the debts included in the Accounts) will not in the ordinary course of collection realise its nominal amount.
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