Performance Accounts - definition
Performance Accounts - means the amount to be payable to Borrower, without duplication, with respect to unbilled accrued time of Borrowers' employees which, but for the presentment of a billing statement, is absolutely and unconditionally due and payable to Borrower. A Performance Account shall be deemed converted to an Account upon the invoicing thereof. Permitted Lien - a Lien of a kind specified in Section 8.2.5 of the Agreement.