Unbilled Services definition

Unbilled Services means an account for which the billing for services was incorrect for which the error was not immediately known and corrected.
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Unbilled Services shall have the meaning set forth in Section 3.04(c).
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Unbilled Services means amounts due arising from services that have been rendered to an Account Debtor but for which an invoice has not been sent.
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Examples of Unbilled Services in a sentence

  • At all times prior to any assignment to Seller of Uncollected Unbilled Accounts, Buyer shall, and Buyer shall cause Company to, exercise commercially reasonable efforts to collect the Clean-Up Unbilled Services.

  • The Company's Adjusted Working Capital shall mean the Purchased Assets, less: (i) the Assumed Liabilities, (ii) the portion of trade receivables that are more than 100 days past the original invoice date; (ii) promissory notes due from employees or Affiliates of the Company; and (iii) the amount, if any, by which the sum of the Closing Balance Sheet items "Supplies," "Deposits," "Prepaid Expenses," "Unbilled Services" and "Inventory" (each as calculated pursuant to GAAP) exceeds $130,000.

  • Buyer shall, or shall cause Company to, provide Seller with monthly updates on the status of collection efforts with respect to the Clean-Up Unbilled Services.

  • In allocating payments received between the Clean-Up Unbilled Services and other receivables of Company from the same customer, payments shall be applied as directed by the customer or, if not so directed, to the oldest outstanding invoice.

  • For purposes of this Agreement the term “Uncollected Unbilled Accounts” shall mean the amount of the Clean-Up Unbilled Services included in the Closing Working Capital that are not collected by Buyer within one hundred twenty (120) days of March 31, 2007; provided that the Company or Buyer has completed all work relating to such Clean-Up Unbilled Services and forwarded an invoice no later than March 31, 2007 requesting payment within thirty days of receipt of such invoice to the appropriate customer.