LIST OF PAYABLES Sample Clauses

LIST OF PAYABLES. None. Exhibit 2.2 SELLER NOTE #1 PROMISORY NOTE $1,610,000 January 4, 1999 FOR VALUE RECEIVED, and without defalcation, STRATUS SERVICES GROUP, INC., a Delaware corporation with its principal offices at 000 Xxxxx Xxxx, Suite 201, Manalapan, New Jersey 07726 (the "Maker") promises to pay to B & R EMPLOYMENT INC., a Delaware corporation with its principal offices at 000 Xxxxx Xxxxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxxxxx 00000 (the "Payee"), the principal amount of One Million, Six Hundred Ten Thousand Dollars ($1,610,000) with nine percent (9%) interest, as further provided in this Note.
Sample 1
AutoNDA by SimpleDocs
LIST OF PAYABLES. The Selling Parties shall have provided the Buyer at the Closing, a list (the "Closing Payables List") containing the Selling Parties' best determination of all payables of Meadowbrook/GA, including accrued but unbilled obligations, outstanding on the Closing Date. The amount of each such payable shall include the amount due (or expected to be due) on the "Closing Effective Date" (as defined in section 8.1 below). Such list shall identify separately (a) those payables (the "Identified Payables") the amounts of which can be established with reasonable certainty through the exercise of reasonable diligence (e.g., from written invoices, through telephone calls or other contact with vendors, from advance estimates, or from fixed charges) and (b) those payables (the "Estimated Payables") the amounts of which can only be estimated (based on previous experience or other reasonable methods). Such list shall include all outstanding payment obligations of Meadowbrook/GA which have been incurred prior to the Closing Date, or which can reasonably be expected to be incurred prior to the Closing Effective Date, and which can be identified with reasonable diligence, including, but not limited to those obligations which have been or would be allocated to the balance sheet liability categories identified as "Accounts Payable", "Patient Credit Balances", "Accrued Payroll and Other Wages", "Accrued Vacation/Sick" and "Withholding and Other Payroll Liabilities" on the balance sheets contained in the Current Financial Statements. The Closing Payables List shall separate the payables into the balance sheet liability categories listed above. The Closing Payables List shall be certified as to the use of reasonable diligence in its preparation and as to its completeness and accuracy being to the best knowledge of the Selling Parties, by the chief financial officer of Meadowbrook/CA. The payables listed on the Closing Payables List shall be paid or otherwise satisfied as provided in section 8.4 below.
Sample 1

Related to LIST OF PAYABLES

  • Service Fees Payable to FSSC (a) During the term of this Agreement, FSSC will be entitled to receive from each Fund as full compensation for Services rendered hereunder a fee calculated daily at an annual rate, as set forth Schedule 1 to this Agreement, of up to 0.25% of average net assets held in FSSC Accounts of each Fund. Service fees paid by the Funds are in addition to other fees paid by the Funds such as those paid pursuant to an Agreement for Fund Accounting Services, Administrative Services, Transfer Agency Services and Custody Services Procurement and fees paid pursuant to each Fund’s Distributor’s Contract. (b) For so long as any Third-Party Agreement remains in effect, FSSC shall be entitled to receive fees from the Funds calculated daily at an annual rate, as set forth in Schedule 1 to this Agreement, of up to 0.25% on the average net assets held in accounts of each Fund for which Services are provided by such third-parties which amount shall be paid by FSSC in accordance with such Third-Party Agreements. (c) The Funds shall pay service fees to FSSC in accordance with their regular payment schedules. For the payment period in which this Agreement becomes effective or terminates with respect to any Fund, there shall be an appropriate proration of the fee on the basis of the number of days that this Agreement is in effect with respect to such Fund during the period.

  • Accounts Payable To the extent not apportioned at Closing, any indebtedness, accounts payable, liabilities or obligations of any kind or nature related to Seller or the Property for the periods prior to and including the Closing Date shall be retained by Seller and promptly allocated to Seller and evidence thereof shall be provided to Buyer, and Buyer shall not be or become liable therefor, except as expressly assumed by Buyer pursuant to this Contract, and invoices received in the ordinary course of business prior to Closing shall be allocated to Seller at Closing.

  • Trade Payables Except to the extent an adjustment or proration is made under another subsection of this SECTION 9.1, (i) the Seller shall pay (or caused to be paid) in full prior to the Closing all amounts payable to vendors or other suppliers of goods or services to the Hotel (the “Trade Payables”) which are due and payable as of the Cut-Off Time for which goods or services have been delivered to the Hotel prior to Closing, and (ii) the Buyer shall receive a credit for the amount of such Trade Payables which have accrued, but are not yet due and payable as of the Cut-Off Time, and the Buyer shall pay all such Trade Payables accrued as of the Cut-Off Time when such Trade Payables become due and payable up to the amount of such credit; provided, however, the Seller and the Buyer shall reprorate the amount of credit for any Trade Payables and pay any deficiency in the original proration to the other party promptly upon receipt of the actual xxxx for such goods or services. The Seller shall receive a credit for all advance payments or deposits made with respect to FF&E, Retail Merchandise, Property and Equipment and Inventories ordered, but not delivered to the Hotel prior to the Closing Date, and the Buyer shall pay the amounts which become due and payable for such FF&E, Retail Merchandise, Property and Equipment and Inventories which were ordered but not delivered prior to Closing.

  • Payables Pay when due in accordance with past practices all of its accounts payables and trade obligations;

  • Accounts Receivable and Payable The accounts receivable reflected on the Financial Statements arose in the ordinary course of business and, except as reserved against on the Financial Statements, are collectible in the ordinary course of business and consistent with past practices, free of any claims, rights or defenses of any account debtor. No accounts payable of the Company are over forty-five (45) days old.

  • Schedule of Rates and Charges Any subconsultant rates and charges set forth in the Schedule of Rates and Charges must be the subconsultant’s actual rates and charges exclusive of any markup. The City will compensate the Consultant in accordance with those rates and charges.

  • ACCOUNTS SUBJECT TO ERISA The ERISA Rider is applicable to all Customers Under Section II of this Schedule A.

  • Certain Agreements on Receivables Such Grantor will not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof, except that, prior to the occurrence of an Event of Default, such Grantor may reduce the amount of Accounts arising from the sale of Inventory in accordance with its present policies and in the ordinary course of business.

  • Interest Fees and Charges 1Interest

  • Equipment List 1. All items of equipment to be purchased with funds under this Contract must be itemized in Grantee’s equipment list as finally approved by the System Agency in the executed Contract. The equipment list must include: i. Description of the property; ii. Serial number or other identification number; iii. Source of funding for the property (including the Federal Assistance Identification Number); iv. Who holds title, v. Acquisition date and cost of the property;

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!