Accounts Payable definition
Accounts Payable means all trade and other accounts payable, including accrued expenses, owed by the Company.
Accounts Payable means (a) all trade accounts payable to suppliers of the Business in respect of the Business, including all trade accounts payable representing amounts payable in respect of goods shipped or products sold or services rendered and (b) all other accounts payable in respect of services rendered to the Business, in each case of clauses (a) and (b), solely to the extent included in the Modified Working Capital.
Accounts Payable means all accounts payable and liabilities, obligations and commitments, regardless of when asserted, billed or imposed, of Seller or the Selling Affiliates as of the end of the day immediately prior to the Closing Date.
Examples of Accounts Payable in a sentence
Seller shall be responsible for all Accounts Payable (as shown on the books and records of the Property as of the Cut-Off Time) to the extent attributable to the period preceding the Cut-Off Time, and at the Closing, Buyer shall receive a credit for any such Accounts Payable that remain unpaid as of the Closing and shall use such credit to pay such Accounts Payable.
Buyer shall be charged with any prepaid Accounts Payable incurred in the ordinary course of business to the extent those Accounts Payable are attributable to the period after the Cut-Off Time.
From and after the Closing Date, Buyer shall be responsible for paying when due all other Accounts Payable arising out of the operation of the Property from and after the Cut-Off Time.
More Definitions of Accounts Payable
Accounts Payable means a debt owed by a school district on June 30 immediately prior to administrative consolidation, excluding bonded indebtedness or other long-term debt;
Accounts Payable has the meaning assigned by Section 2.3(b).
Accounts Payable means, as determined in accordance with GAAP, all accounts payable, accrued expenses, and other current liabilities (including prepaid sales but excluding accrued interest) of the members of the Seller Group related to the Business and the Purchased Assets.
Accounts Payable has the meaning set forth in Section 1.4(i).
Accounts Payable means any and all trade and non-trade accounts payable of either Party or member of its Group.
Accounts Payable has the meaning ascribed to it in Section 1.02(a)(ii).
Accounts Payable means amounts relating to the Business owing to any Person as of the Closing Time, which are incurred in connection with the purchase of goods and services in the Ordinary Course of Business.