Net Accounts Receivable definition

Net Accounts Receivable means the book value of Accounts minus allowances for doubtful Accounts, determined in accordance with GAAP.

Net Accounts Receivable means the aggregate amount of the trade accounts receivable relating to the Business in existence as of the Effective Date determined as a percentage of the face value of each such trade accounts receivable based on the number of days such trade accounts receivable has been outstanding as of the Effective Date as follows: Number of Days Outstanding Percentage of Face Value 30 days or Less 100 % 31 days – 60 days 92 % 61 days – 90 days 80 % 91 days – 120 days 50 % More than 121 days 25 %

Net Accounts Receivable means the aggregate amount of the Accounts Receivable, less reserves established in accordance with the Calculation Principles.

Examples of Net Accounts Receivable in a sentence

• 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.

• Net Accounts Receivable was incorrectly booked in the prior year causing a prior period adjustment to Business-Type Activities of $195,845.

• 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.

• Failure to do so would constitute a violation of Article I:1 of the GATT10.

• If the Net Accounts Receivable are greater than$6,330,763, the Purchase Price shall be increased by the aggregate amount of such excess.

More Definitions of Net Accounts Receivable

Net Accounts Receivable means all Accounts Receivable of the Corporation on the Effective Date, less a reasonable allowance for doubtful accounts as provided in the Final Statements to be prepared by the Independent Auditors;

Net Accounts Receivable means (a) gross accounts receivables less (b) reserves established with respect to accounts receivables.

Net Accounts Receivable means Receivables less the sum of (x) allowance for doubtful accounts, and (y) estimated xxxx backs to customers relating to the Receivables, all as shown on the Wholesale Balance Sheet. For the avoidance of doubt, Receivables shall not include any accounts receivable subject to the Northrim Facility.

Net Accounts Receivable means: (a) the accounts receivable included in the Purchased Assets or relating to the Japan Business, minus (b) the accounts payable included in the Assumed Liabilities or relating to the Japan Business; and in the case of both clauses (a) and (b), calculated in accordance with GAAP and on a basis consistent with past practice.

Net Accounts Receivable means Accounts Receivable minus Accounts Payable.

Net Accounts Receivable means, as of any date of determination, the consolidated accounts receivable of the Borrower less all applicable reserves (in each case, as determined in accordance with generally accepted accounting principles consistently applied).

Net Accounts Receivable means Borrower’s net trade accounts receivable determined in accordance with GAAP.