Customer Accounts Receivable. All customer accounts receivable of the Company or any of its Subsidiaries have arisen from bona fide transactions in the ordinary course of business consistent with past practice.
Customer Accounts Receivable. Any and all billed accounts receivable and/or unbilled services related to the Customer Contracts (the "Customer Accounts Receivable").
Customer Accounts Receivable. Except as Schedule 3.24 sets forth, all customer accounts receivable and notes receivable of the Companies, whether reflected on the most recent Balance Sheets or subsequently created, have arisen from bona fide transactions in the ordinary course of business and have been collected or are good and collectible at the aggregate recorded amounts thereof, net of any applicable reserves for doubtful accounts reflected on the most recent Balance Sheets or reflected in the Working Capital Amount. Each Company has good and marketable title to its accounts receivable, free and clear of all Liens, except as set forth in Schedule 3.24. Schedule 3.24 sets forth, by customer name and account, all receivables of the Companies which would be classified as current assets under the classification “accounts receivable” on the Companies’ balance sheets as of March 31, 2012 (a) that have remained or are expected to remain unpaid for more than 75 days after the due date of the original invoice or 120 days after the date of the invoice, (b) as to which any unresolved dispute with the customer exists or (c) that are owed by a debtor in any bankruptcy or insolvency case.
Customer Accounts Receivable. The Sellers and the Purchaser shall cooperate in good faith in order to ensure that the applicable Seller receives payment of any account, trade or note receivable or other payment from a customer or any other obligor to the extent relating to any Other Chemtura Business and that the Purchaser receives payment of any account, trade or note receivable or other payment from a customer or any other obligor (other than Foreign Accounts Receivable or the Retained PPD Receivables) to the extent relating to the Business. As promptly as practicable after the Closing, the parties will reasonably cooperate to notify each account debtor of any Account Receivable of the Purchaser’s identity and the account which the Purchaser has designated for receipt of payments in a letter in form and substance reasonably satisfactory to the Purchaser. To the extent that either the Purchaser, on the one hand, or a Seller, on the other hand, determines that it has received payment of an account, trade or note receivable or other payment from a customer or any other obligor owned by the other (including by way of notice from the other), the receiving party agrees to promptly (and in any event as promptly as practicable but in no event later than five Business Days after making such determination) remit such payment to the designated bank account of the owner of such receivable or payment.
Customer Accounts Receivable. All customer accounts receivable of the Company, whether reflected on the Unaudited Statements or subsequently created, have arisen from bona fide transactions in the ordinary course of business. The Company reasonably believes all such customer accounts receivable are good and collectible at the aggregate recorded amounts thereof, net of any applicable reserves for doubtful accounts reflected on the Unaudited Statements. The Company has good and marketable title to its accounts receivable, free and clear of all Liens. Since the September 30, 1999, there have not been any write-offs as uncollectible of any accounts receivable of the Company, except for write-offs in the ordinary course of business.
Customer Accounts Receivable. Except as set forth in Schedule 3(r), all customer accounts receivable of the Company, whether reflected on the Balance Sheet or subsequently created, have arisen from bona fide transactions in the ordinary course of business and are collectible in the normal course of the Company's business, subject to reserves recorded on the Balance Sheet. The Company has good and marketable title to its accounts receivable, free and clear of all Liens, except as set forth in Schedule 3(r).
Customer Accounts Receivable. Notwithstanding the definitions of Assumed Liabilities and Excluded Liabilities herein, Seller shall be entitled to the collection and receipt of all accounts receivable arising from the conduct of the Business prior to the close of business on the Closing Date (or, with respect to accounts receivable arising from the conduct of the China Sugus Business, prior to the close of Business on the China Closing Date) and Buyer shall be entitled to collection and receipt of all accounts receivable arising from the conduct of the Business thereafter; provided that (i) to the extent that any customer takes a deduction against any invoice paid to Seller that constitutes an Assumed Liability, Seller shall be entitled to be reimbursed by Buyer for each such deduction and (ii) to the extent that any customer takes a deduction against any invoice paid to Buyer that constitutes an Excluded Liability, Buyer shall be entitled to be reimbursed by Seller for such deduction. Seller and Buyer shall cooperate in good faith in order to ensure that Seller receives payment of the customer accounts receivable arising from the conduct of the Business prior to the close of business on the Closing Date (or, with respect to accounts receivable arising from the conduct of the China Sugus Business, prior to the close of Business on the China Closing Date) and that Buyer receives payment of accounts receivable arising thereafter. To the extent that either Buyer or Seller receives payment of accounts receivable owned by the other party, Buyer and Seller agree to promptly (within ten Business Days) remit the proceeds to the designated bank account of Seller or Buyer, as appropriate. Seller may direct all trade debtors to make payment on such accounts receivable arising from the conduct of the Business prior to the close of business on the Closing Date (or, with respect to accounts receivable arising from the conduct of the China Sugus Business, prior to the close of Business on the China Closing Date) to Seller’s specified address and/or account.
Customer Accounts Receivable. All of Sellers right, title and interest to receive payment from subscribers for the DirecTV programming services marketed and distributed in Seller's Service Area, as set forth on the most recent NRTC Billing System Report 18B available prior to the Closing Date under the column heading "Ending Gross A/R".
Customer Accounts Receivable. All customer accounts receivable of the Companies, whether reflected on the Latest Balance Sheet or subsequently created, have arisen from bona fide transactions in the ordinary course of business. The Companies have good and marketable title to their respective accounts receivable, free and clear of all Security Interests. Since the date of the Latest Balance Sheet, there have not been any write-offs as uncollectible of any accounts receivable of any of the Companies, except for write-offs in the ordinary course of business and consistent with past practice which do not exceed in the aggregate $15,000.
Customer Accounts Receivable. The Seller's customer accounts receivable (a) have arisen from a bona fide sales transaction in the ordinary course of business of the Seller on ordinary terms, (b) represent valid and binding obligations due to the Seller, enforceable in accordance with their terms, and (c) are collectible in the ordinary course of business of the Seller, in the aggregate recorded amounts thereof in accordance with their terms without valid set-off or counterclaim.
