Debtors and Creditors. 8.1 The Company has not made, or entered into any Contract to make, any loan to, or other arrangement with, any person as a result of which it is or may be owed any money, other than trade debts incurred in the ordinary course of business and cash at bank.
Debtors and Creditors. 15.1 The Company is not owed any sums other than trade receivables incurred in the ordinary course of business.
Debtors and Creditors. Balance confirmation for all Sundry Debtors and Creditors % 4 80 75 70 65 60 See note VII 3.7 Preparation of MIS Manual date 4 31.12.12 15.01.13 31.01.13 15.02.13 28.02.13 See note IV 3.8 Renewal of time bound lease agreement % 3 90 80 70 60 50 See note X
Debtors and Creditors. 10.1 All of the debts shown in the Company Accounts or the Company’s accounting records are expected by the directors of the Company to realise their full value in the ordinary course of collection less any specific provision for bad or doubtful debts included in the Company Accounts.
Debtors and Creditors. 3.1 GEAC UK has no bank indebtedness (including hire purchase and lease type arrangements) and has not agreed to create or permitted to arise any mortgage or charge or other Security Interest or encumbrance.
Debtors and Creditors. 3.1 Save in respect of GEAC Inter-Company Loan, the GEAC UK Subsidiary has no indebtedness other than indebtedness which has arisen in the ordinary course and has not agreed to create or permitted to arise any mortgage or charge or other Security Interest, except as disclosed in the GEAC Financial Information.
Debtors and Creditors. 3.1 The Management Data Subsidiary has not agreed to create or permitted to arise any mortgage or charge or other Security Interest.
Debtors and Creditors. (1) The Seller shall remain entitled to the Debts and liable for the Creditors.
Debtors and Creditors. 10.1 There are no debts owing to any Group Company (whether or not due for payment) other than trade debts incurred in the ordinary and proper course of business.
Debtors and Creditors. 11.1 To the best of the Warrantors' knowledge, information and belief, each debt now owed to the Company (less the amount of any specific provision or reserve specifically disclosed in the Disclosure Letter, the Latest Accounts or the Latest Management Accounts and determined on the same basis as that applied in the Latest Accounts) will realise its full face value and be good and collectable in the usual course of business. None of such debts is subject to any counterclaim or set-off (except to the extent of any such provision or reserve).
