Net Accounts definition

Net Accounts means, without duplication, Accounts of the Credit Parties and the “Credit Parties” under and as defined in the US Loan Agreement aged less than 90 days (or, in the case of Qwest, Vodafone Egypt and Cable & Wireless Panama, 120 days) from invoice date.
Sample 1
Net Accounts are all Accounts less any Accounts funded pursuant to Borrower's Xxxx of Exchange Purchase Agreement with Bank.
Sample 1
Net Accounts means an amount equal to the sum of the Accounts Receivable plus the Accounts Payable (where Accounts Payable is treated as a negative number).
Sample 1

Examples of Net Accounts in a sentence

  • A/P = Net Accounts Payable Trade & Unvouchered balance at month-end.

  • A priority for enrolments is to ensure that Immanuel Lutheran College creates a community that will both nurture and support students in their faith and reveal the gospel of Christ to all members.

  • As a result of these deliberations and on the basis of the recommendations of an in-session working group (SC66 WG6, https://cites.org/sites/default/files/eng/com/sc/66/Com/E-SC66-Com-06.pdf) the Standing Committee recognized the contribution of Mexico’s report to the discussions of the implementation of Decision16.105.

  • The Arbitrating Accountant shall resolve the dispute as to the calculation of the Net Accounts Receivable and/or the Tangible Net Worth in a written determination to be delivered within five (5) Business Days following the end of the submission period, provided that any delay in delivering such determination shall not invalidate the award or otherwise deprive the Arbitrating Accountant of jurisdiction.

  • The Net Accounts Receivable shall be determined after taking into account reserves for bad debt expense calculated on an accounting basis consistent with the method used to calculate such reserves for purposes of preparing the Balance Sheet, and the Tangible Net Worth shall be determined on a basis consistent with the Balance Sheet and shall be increased for any depreciation since March 31, 2005.

  • Accounts Receivable, Net Accounts receivable are recorded at the invoiced amount and do not bear interest.

  • Accounts Receivables, Net Accounts receivables are stated at the amount management expects to collect from outstanding balances.

  • Should Purchaser timely deliver such a Notice of Objection, the dispute resolution procedures in Section 1.7 hereof shall apply to the determination of the Net Accounts Receivable and the Tangible Net Worth.

  • Within thirty (30) days after the Closing Date, Seller shall deliver to Purchaser a certificate setting forth Seller’s determination of the Net Accounts Receivable and Tangible Net Worth as of the Closing Date as well as supporting detail with respect to the manner in which this calculation was made.

  • Cash and Cash Equivalents, Wholesale Notes, Accounts (Wholesale and Retail), Restricted Cash and Cash Equivalents, and Net Accounts Due to Affiliates.


More Definitions of Net Accounts

Net Accounts means all Accounts for which the account debtors have been directed to pay amounts due to the Lockbox Account under Section 2.09 less allowance for doubtful credits.
Sample 1
Net Accounts means all of the Borrowers' Accounts, less a reserve for disputed accounts as calculated or adjusted by the Borrowers from time to time and confirmed by the Auditor.
Sample 1

Related to Net Accounts

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Management Accounts means the unaudited balance sheet of the Seller as at the Management Accounts Date and the unaudited statements of profit and loss of the Seller for the period commencing from 1st January 2007 and ended on the Management Accounts Date prepared in accordance with US GAAP and in a manner consistent with past practice, copies of which are annexed hereto as Exhibit B.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Project Accounts means the accounts referred to in Section 3.03 (a) of this Agreement;

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Separate Accounts means the accounts which are to be prepared for each

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s). 1.2 Interpretation 1.2.1 References to Lenders’ Representative shall, unless repugnant to the context or meaning thereof, mean references to the Lenders’ Representative, acting for and on behalf of Senior Lenders. 1.2.2 The words and expressions beginning with capital letters and defined in this Agreement shall have the meaning ascribed thereto herein, and the words and expressions used in this Agreement and not defined herein but defined in the Development Agreement shall, unless repugnant to the context, have the meaning ascribed thereto in the Development Agreement. 1.2.3 References to Clauses are, unless stated otherwise, references to Clauses of this Agreement. 1.2.4 The rules of interpretation stated in Clauses 1.2, 1.3 and 1.4 of the Development Agreement shall apply, mutatis mutandis, to this Agreement.

  • Latest Accounts means, in respect of any financial quarter or year of the Group, the latest unaudited (in respect of each financial quarter) or audited (in respect of each financial year) financial statements required to be prepared pursuant to clause 8.1.6;

  • Accounts means all presently existing and hereafter arising accounts, contract rights, and all other forms of obligations owing to Borrower arising out of the sale or lease of goods (including, without limitation, the licensing of software and other technology) or the rendering of services by Borrower, whether or not earned by performance, and any and all credit insurance, guaranties, and other security therefor, as well as all merchandise returned to or reclaimed by Borrower and Borrower's Books relating to any of the foregoing.

  • Principal Account(s means deposit accounts of the Fund carried on the books of BBH&Co. as principal in accordance with Section 7 hereof.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Locked Box Accounts means the unaudited, aggregated balance sheet of the Group as at the Locked Box Date, in the agreed form;

  • Collection Accounts As defined in Section 3.10(a).

  • Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.

  • Investment Account As defined in Section 3.12(a).

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

  • Audited Accounts means the audited accounts of the Company and of each of the Subsidiaries and the audited consolidated group accounts of the Group for the financial period ended on the Balance Sheet Date;