Allowance for Doubtful Accounts definition

Allowance for Doubtful Accounts means the portion of Accounts Receivable which the Sellers does not reasonably expect to be collected.

Allowance for Doubtful Accounts means, an allowance for doubtful accounts determined in accordance with GAAP.

Allowance for Doubtful Accounts means an amount equal to 2.5% multiplied by the aggregate amount of the Acquired Accounts Receivable.

Examples of Allowance for Doubtful Accounts in a sentence

• Not permit the sum of (x) the cash denominated in Dollars (which is held by the Loan Parties in compliance with the terms in Section 10.10 of this Agreement in a deposit account in the United States) and (y) the face amount of Eligible Accounts (which are reduced by a prorated allocation of the current outstanding balance of Allowance for Doubtful Accounts general reserve) as of the last day of any fiscal month to be less than 100% of the outstanding Obligations.

• Allowance for Doubtful Accounts We have established an allowance for losses on accounts that we believe are uncollectible.

• Not permit the sum of (x) the cash denominated in Dollars (which is held by the Loan Parties in compliance with the terms in Section 10.10 of this Agreement in a deposit account in the United States) and (y) the face amount of Eligible Accounts (which are reduced by a prorated allocation of the current outstanding balance of Allowance for Doubtful Accounts general reserve) as of the last day of any fiscal month to be less than 118% of the outstanding Obligations.

• Allowance for Doubtful Accounts We establish credit terms for new clients based upon management's review of their credit information and project terms, and perform ongoing credit evaluations of our customers, adjusting credit terms when management believes appropriate based upon payment history and an assessment of their current credit worthiness.

More Definitions of Allowance for Doubtful Accounts

Allowance for Doubtful Accounts means, an allowance for doubtful accounts determined in accordance with GAAP. “Applicable Margin” means four percent (4.0%).

Allowance for Doubtful Accounts means the amount of the Accounts Receivable not expected to be recoverable (i.e., “bad debt”). It is also referred to as “Provision for Doubtful Accounts” in Just Energy’s consolidated financial statements, and “bad debt expense” in Just Energy’s MD&A;

Allowance for Doubtful Accounts means allowance reserved for credits granted and accrued interest receivables expected to be non-collectable and allowance for value adjustment from debt restructuring which shall be shown as a deduction from the balance of credit granted and interest receivables. Commercial banks shall report allowance for value adjustment from debt restructuring in Section D. (4) of the Notes to Thor.Por. 3.

Allowance for Doubtful Accounts means an amount equal to 2.5% of the Eligible Receivables (determined without regard to the reduction for the Allowance for Doubtful Accounts), which shall be deemed a contra asset account applicable solely to the Eligible Receivables.

Allowance for Doubtful Accounts. Exhibit 2.09(a)

Allowance for Doubtful Accounts. As defined by GAAP applied in a manner consistent with past practices of the Company and the Subsidiary. . Income Tax Receivables. Federal and state income tax receivables with respect to the taxable year ended December 31, 2001 shall be included in Accounts Receivable to the extent such receivables are attributable to income tax refund claims prepared by Ernst & Young LLP and filed on or before May 15, 2002, remain unpaid at the Closing, and do not, in the aggregate, exceed $1,250,000. . As a departure from GAAP and consistency in application with the past practices of the Company and the Subsidiary, deferred tax assets shall be deemed to be zero ($0) as of the Closing Date. . Numerator Adjustment - Shall be fifty percent (50%) of the Budgeted Capital Expenditures as set forth on Schedule 1.1(i) of the Agreement actually spent between January 1, 2002 and the Closing Date plus 100% of all capital expenditures spent in excess of $3,115,000 during such time period.

Allowance for Doubtful Accounts which means the allowance for doubtful accounts established in respect to the AUB of such sold Receivables on the books of the Seller.