Aged Trial Balance definition

Aged Trial Balance means a schedule classifying the balances of all accounts receivable according to varying lengths of time the accounts are past due.
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Aged Trial Balance of a Seller on any date means such Seller's accounts receivable trial balance (whether in the form of a computer printout, magnetic tape or diskette) on such date, listing Obligors and the Receivables respectively owed by such Obligors on such date together with the aged Outstanding Balances of such Receivables, in form and substance satisfactory to the Purchaser.
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Examples of Aged Trial Balance in a sentence

  • We shall be entitled to receive at no cost to us one (1) Client Detail Aged Trial Balance for each month.

  • Monitoring open customer accounts may be accomplished during the order entry process and through a regular review of customer Aged Trial Balance reports.

  • For each additional Client Detail Aged Trial Balance requested by us in that month, you shall charge us $100.00.

  • For each additional Client Detail Aged Trial Balance requested by us in that month, you shall charge our account for $100.00, for each such additional report.

  • Starting with the first Obligor listed on the Aged Trial Balance, each Eligible Receivable owed by such Obligor (that does not already constitute a Transferred Receivable hereunder) shall constitute a Purchased Receivable.

  • If at any time any Seller fails to generate its Aged Trial Balance, the Purchaser shall have the right to reconstruct such Aged Trial Balance so that a determination of the Purchased Receivables can be made pursuant to Section 2.02(c).

  • Aged Trial Balance, paid Off Contracts, Charged-Off Contracts, Recovery, Repossession and Bankruptcy Reports.

  • Borrower shall deliver to the Bank, quarterly, a Covenant Compliance Certificate, certified by the Comptroller, and Accounts Receivable Detailed Aged Trial Balance, both of which shall be due by the fifteenth (15th) of the month following the end of the quarter.

  • The amounts on the Aged Trial Balance -- Summary not marked with an "X" do not represent accounts receivable from the operation of the Business prior to December 1, 1996.

  • Obtain the Aged Trial Balance for five selected operating units and randomly select a total of ten customers that have balances over 90 days past due and calculate the customer balances over 90 days past due as a percentage of the customer's total balance.