Eligible accounts receivable definitions
WebRelated to Stale Accounts Receivable. Eligible Accounts Receivable means, at the time of any determination thereof, each Account that satisfies the following criteria and continues to meet the same at the time of such determination: such Account (i) has been invoiced to, and represents the bona fide amounts due to a Loan Party from, the purchaser of goods … WebFeb 23, 2024 · Accounts receivable is any amount of money your customers owe you for goods or services they purchased from you in the past. This money is typically collected after a few weeks and is recorded as an asset on your company’s balance sheet. You use accounts receivable as part of accrual basis accounting.
Eligible accounts receivable definitions
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WebSep 9, 2024 · Accounts receivable (AR): The money a company receives from its customers. What Are Accounts Payable? Accounts payable are short-term debts your company owes to vendors and suppliers. Web2.1 Definitions. Section 1.01 of the Credit Agreement is hereby amended to add the following definition of “Interim Borrowing Base Rate” in appropriate alphabetical order: ... Eligible Accounts Receivable of Affiliates that are backed by a letter of credit in a form and from an issuing bank, in each case, as approved by the Administrative ...
WebMar 9, 2024 · Accounts receivable are used to track cash flow and working capital. When your company has an accounts receivable balance, you have not received a portion of revenue as a cash payment yet. A large accounts receivable balance can negatively impact cash flow, thus impacting the flexibility of your business. WebEligible Accounts Receivables mean at any time, all of Borrower ’s Accounts which contain selling terms and conditions acceptable to Lender. The net amount of any …
Web2.2 Section 13 (Eligible Accounts Definition). Section 13 is amended by replacing clause (i) of the definition of “Eligible Accounts” with the following: (i) Accounts owing from an Account Debtor which is a United States government entity or any department, agency, or instrumentality thereof in an aggregate amount in excess of $2,000,000 ... WebWork through book of AR and develop plan for maintaining proper coverage on all accounts. Review aged accounts, trace and appeal unpaid and/or erroneously paid or denied accounts ; Work all denials and underpayments received within 24 hours by researching steps previously taken and take additional action, as needed to resolve the …
WebEligible Accounts Receivable means, at the time of any determination thereof, each Account that satisfies the following criteria and continues to meet the same at the time of such determination: such Account (i) has been invoiced to, and represents the bona fide amounts due to a Loan Party from, the purchaser of goods or services, in each case …
WebEligible Receivables means and include with respect to each Borrower, each Receivable of such Borrower arising in the Ordinary Course of Business and which Agent, in its sole credit judgment, shall deem to be an Eligible Receivable, based on such considerations as Agent may from time to time deem appropriate. ulster county ny senior helpWebEligible Accounts means those Accounts that arise in the ordinary course of Borrower’s business that comply with all of Borrower ’s representations and warranties to Bank set … ulster county ny spoaWebEligible Receivables means and include with respect to each Borrower, each Receivable of such Borrower arising in the Ordinary Course of Business and which Agent, in its sole credit judgment, shall deem to be an Eligible Receivable, based on such considerations as Agent may from time to time deem appropriate. ulster county ny nursing homesWebOpen Split View. Cite. 90 Days Accounts Receivable means receivables due to any Seller or EDI that have been outstanding for more than 90 days (with such 90 day or longer period calculated based on the date a Seller or EDI issued an invoice for such receivable to the Closing Date ). Sample 1. Based on 1 documents. ulster county ny recording feesWebEligible Receivables means and include with respect to each Borrower, each Receivable of such Borrower arising in the Ordinary Course of Business and which Agent, in its sole credit judgment, shall deem to be an Eligible Receivable, based on such considerations as Agent may from time to time deem appropriate. thonet counter stoolWebEligible Accounts Receivable means, at the time of any determination thereof, each Account that satisfies the following criteria and continues to meet the same at the time of such determination: such Account (i) has been invoiced to, and represents the bona fide amounts due to a Loan Party from, the purchaser of goods or services, in each case … ulster county ny senior housingWebEligible Receivables means and include with respect to each Borrower, each Receivable of such Borrower arising in the Ordinary Course of Business and which Agent, in its sole credit judgment, shall deem to be an Eligible Receivable, based on such considerations as Agent may from time to time deem appropriate. thonet.de