Ineligible Receivable Definition Example with 6 Variations

This page contains an example definition of Ineligible Receivable, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Ineligible Receivable. Is any accounts receivable: (a) that is unpaid (90) calendar days after the invoice date; or (b) that is owed by an Account Debtor that has filed, or has had filed against it, any bankruptcy case, assignment for the benefit of creditors, receivership, or Insolvency Proceeding or who has become insolvent (as defined in the United States Bankruptcy Code) or who is generally not paying its debts... as they become due; or (c) for which there has been any breach of warranty or representation in Section 6 or any breach of any covenant in this Agreement; or (d) for which the Account Debtor asserts any discount, allowance, return, dispute, counterclaim, offset, defense, right of recoupment, right of return, warranty claim, or short payment. View More Arrow
Found in GREENFIELD ONLINE INC contract

Variations

Ineligible Receivable. Is is any accounts receivable: (a) (A) that is unpaid (90) calendar days after the invoice date; or (b) (B) that is owed by an Account Debtor that has filed, or has had filed against it, any bankruptcy case, assignment for the benefit of creditors, receivership, or Insolvency Proceeding or who has become 2 insolvent (as defined in the United States Bankruptcy Code) or who is generally not paying its debts as they become due; or (c) (C) for which there has been any breach of warranty or... representation in Section 6 or any breach of any covenant in this Agreement; or (d) (D) for which the Account Debtor asserts any discount, allowance, return, dispute, counterclaim, offset, defense, right of recoupment, right of return, warranty claim, or short payment. payment; or (E) RESULTING FROM A MAINTENANCE CONTRACT, UNLESS BORROWER'S ADJUSTED QUICK RATIO IS AT LEAST 1.35 TO 1.00. View More Arrow
Found in SYNTELLECT INC contract
Ineligible Receivable. Is is any accounts receivable: Accounts Receivable: (a) that is unpaid (90) calendar days after the invoice date; or (b) that is owed by an Account Debtor that has filed, or has had filed against it, any bankruptcy case, assignment for the benefit of creditors, receivership, or Insolvency Proceeding or who has become insolvent (as defined in the United States Bankruptcy Code) or who is generally not paying its debts as they become due; or (c) for which there has been any breach of warranty or... representation in Section 6 or any breach of any covenant in this Agreement; or (d) for which the Account Debtor asserts any discount, allowance, return, dispute, counterclaim, offset, defense, right of recoupment, right of return, warranty claim, or short payment. (e) for which Bank determines, in its reasonable business discretion, that collection may be doubtful. View More Arrow
Found in MERCATOR SOFTWARE INC contract
Ineligible Receivable. Is is any accounts receivable: (a) (A) that is unpaid (90) calendar days after the invoice date; or (b) (B) that is owed by an Account Debtor that has filed, or has had filed against it, any bankruptcy case, assignment for the benefit of creditors, receivership, or Insolvency Proceeding or who has become insolvent (as defined in the United States Bankruptcy Code) or who is generally not paying its debts as they become due; or (c) (C) for which there has been any breach of warranty or... representation in Section 6 7 or any breach of any covenant in this Agreement; or (d) (D) for which the Account Debtor asserts any discount, allowance, return, dispute, counterclaim, offset, defense, right of recoupment, right of return, warranty claim, or short payment. payment; or (E) is not an Exim Eligible Foreign Account. View More Arrow
Found in Rennova Health, Inc. contract
Ineligible Receivable. Is is any accounts receivable: (a) (A) that is unpaid (90) calendar days after the invoice date; or (b) (B) that is owed by an Account Debtor that has filed, or has had filed against it, any bankruptcy case, assignment for the benefit of creditors, receivership, or Insolvency Proceeding or who has become insolvent (as defined in the United States Bankruptcy Code) or who is generally not paying its debts as they become due; or (c) (C) for which there has been any breach of warranty or... representation in Section SECTION 6 or any breach of any covenant in this Agreement; or (d) (D) for which the Account Debtor asserts any discount, allowance, return, dispute, counterclaim, offset, defense, right of recoupment, right of return, warranty claim, or short payment. payment; provided, however that any such account receivable shall only be ineligible to the extent of the amount of each of the foregoing. View More Arrow
Found in Green St. Energy, Inc. contract
Ineligible Receivable. Is is any accounts receivable: (a) that is unpaid (90) thirty (30) calendar days after the invoice date; or (b) that is owed by an Account Debtor that has filed, or has had filed against it, any bankruptcy case, assignment for the benefit of creditors, receivership, or Insolvency Proceeding or who has become insolvent (as defined in the United States Bankruptcy Code) or who is generally not paying its debts as they become due; or (c) for which there has been any breach of warranty or... representation in Section 6 or any breach of any covenant in this Agreement; or (d) for which the Account Debtor asserts any discount, allowance, return, dispute, counterclaim, offset, defense, right of recoupment, right of return, warranty claim, or short payment. payment (but only to the extent of such asserted discount, allowance, return, dispute, counterclaim, offset, defense, right of recoupment, right of return, warranty claim, or short payment). View More Arrow
Found in ARBINET Corp contract
Ineligible Receivable. Is is any accounts receivable: Receivable: (a) that is unpaid (90) calendar days after the invoice date; or (b) that is owed by an Account Debtor that has filed, or has had filed against it, any bankruptcy case, assignment for the benefit of creditors, receivership, or Insolvency Proceeding or who has become insolvent (as defined in the United States Bankruptcy Code) or who is generally not paying its debts as they become due; or (c) for which there has been any breach of warranty or... representation in Section 6 or any breach of any covenant in this Agreement; or -2- (d) for which the Account Debtor asserts any discount, allowance, return, dispute, counterclaim, offset, defense, right of recoupment, right of return, warranty claim, or short payment. payment; or (e) that has been modified after the Invoice Transmittal has been delivered to Bank, without Bank's written consent. View More Arrow
Found in GENSYM CORP contract
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