Bad Debt definition

Bad Debt means amounts lawfully billed to a Subscriber and owed by the Subscriber for Cable Service and accrued as revenues on the books of Grantee, but not collected after reasonable efforts have been made by Grantee to collect the charges.
Bad Debt or "Bad Debt Receivable" means a Receivable in respect of which 90 calendar days have passed after the payment obligation of a Borrower has been accelerated by the Seller (pursuant to the terms of the related Loan Agreement or applicable law or early termination of the related Loan Agreement or in any other manner) or 90 calendar days have passed after the expiration or due date of the related Loan Agreement; the occurrence of a Bad Debt in respect of a Receivable shall have the effect that all Receivables (including Interest Claims) against the related Borrower shall be regarded as Bad Debt.
Bad Debt means that portion of Gross Potential Rent which is assumed not to be collected by Borrower due to tenant non-payment.

Examples of Bad Debt in a sentence

  • City may add to the revenue requirements any Bad Debt caused by the failure of any Passenger Carrier or Cargo Carrier or any contractor working for a Passenger Carrier or Cargo Carrier to pay fees and rents charged by City under this Article 9.

  • The file format will be Access – MDB format In each case we will pull 2 years of history General Ledger Master & History 2 $1,850.00 $3,700.00 Accounts Payable Master & History 2 $1,850.00 $3,700.00 Payroll Master & History 2 $1,850.00 $3,700.00 Utility Billing Master & History Utility Bad Debt Court Master & History 2 2 2 $1,850.00 $1,850.00 $3,000.00 $3,700.00 $3,700.00 $6,000.00 See Addendum A.1 for specific information included in each data pull.


More Definitions of Bad Debt

Bad Debt means any portion of a debt that is related to a sale at retail taxable under this act for which gross proceeds are not otherwise deductible or excludable and that is eligible to be claimed, or could be eligible to be claimed if the taxpayer kept accounts on an accrual basis, as a deduction pursuant to section 166 of the internal revenue code, 26 USC 166. A bad debt shall not include any finance charge, interest, or sales tax on the purchase price, uncollectible amounts on property that remains in the possession of the taxpayer until the full purchase price is paid, expenses incurred in attempting to collect any account receivable or any portion of the debt recovered, any accounts receivable that have been sold to and remain in the possession of a third party for collection, and repossessed property.
Bad Debt means amounts lawfully owed by a Subscriber and accrued as revenues on the books of Grantee, but not collected after reasonable efforts by Grantee.
Bad Debt means any portion of a debt resulting from a seller's collection of the use tax under this act on the purchase of tangible personal property or services that is not otherwise deductible or excludable and that is eligible to be claimed, or could be eligible to be claimed if the seller kept accounts on an accrual basis, as a deduction pursuant to section 166 of the internal revenue code, 26 USC 166. A bad debt does not include any of the following:
Bad Debt means revenue amounts deemed uncollectable as determined after collection efforts based
Bad Debt means, for purposes of subsection (A), the portion of a business debt that becomes wholly or partially worthless to the payee.
Bad Debt means debt that remains uncollectible after reasonable efforts have been exhausted to collect the debt. Bad Debt will be determined on a trailing 12-month basis.
Bad Debt means all or a portion of an account, loan or note receivable considered to be uncollectible in accordance with Generally Accepted Accounting Principles (“GAAP”),