Accounts Payable Amount definition

Accounts Payable Amount means the aggregate of the amounts identified in the line items and ledger codes summing up to the line item “Accounts payable amounts” in Part V (Pro Forma Net Receivables Statement) of Schedule 11 (Pro Forma Statements), all as determined on the basis of the Accounting Principles all expressed in euro as per the relevant entries in the relevant ledger accounts and the total amount converted to US Dollars in accordance with the provisions of Clause 25.1.10.

Accounts Payable Amount means the value of all liabilities assumed by the Seller that survive the Closing, whether current or noncurrent, as determined under GAAP. Notwithstanding the foregoing, the Accounts Payable Amount shall not include any Asset Retirement Obligations (as defined in the Deed in Lieu Agreement) owed by any Borrower or the Seller to Cargill.

Accounts Payable Amount means at any time the aggregate amount owed by Seller or any Originator to any Obligor at such time.

Examples of Accounts Payable Amount in a sentence

• In addition, Green Plains argues that if Accounts Payable Amount is zero by definition, than Sections 2.03(c) and 2.06 of the APA would be rendered unnecessary and meaningless.Green Plains also contends that the last sentence of Schedule I to the Assignment of Contracts was not properly incorporated by reference into the APA under Delaware law.

• DILFA Section 12 provides in relevant part that EHC would only be liable for the service contracts that described on Schedule IX, which were defined as the “Accepted Service Contracts.”DILFA Schedule IX provides the list of Accepted Service Contracts.that Accounts Payable Amount does not equal zero by definition.

• APA §§ 1.01 (Accounts Payable Amount), 2.02(c), 2.03, 8.05.Viewing the plain language, the Court finds the APA is ambiguous as to whether EHC assumed liabilities because the APA is reasonably susceptible of different interpretations.The Court also finds that the definition of Accounts Payable Amount is ambiguous.

• Further, EHC claims that because EHC never assumed any liabilities, the Accounts Payable Amount was by definition zero, so there can be no Shortfall Amount owed to Green Plains.EHC also asserts that the only way EHC could have assumed liabilities is if EHC had operated the Buffalo Lake and Pioneer Trail plants after the DILFA closing and prior to the APA closing.

• If EHC did not assume any liabilities under the APA, EHC’s interpretation of Accounts Payable Amount equaling zero is reasonable.

More Definitions of Accounts Payable Amount

Accounts Payable Amount means the value of all liabilities assumed by the Seller that survive the Closing, whether current or noncurrent, as determined under GAAP. * * *

Accounts Payable Amount means the accounts payable relating to the Transferred Businesses as of December 31, 2007 (calculated in a manner consistent with the calculation of accounts payable relating to the Transferred Businesses as reflected on the June 30, 2007, balance sheet of the Seller in respect of the Transferred Businesses), disregarding for purposes of this definition any accounts payable relating to Separation Costs (as defined in the Separation Agreement).

Accounts Payable Amount means the aggregate amount of all valid trade accounts payable of Seller to third parties, in each case only to the extent set forth on Schedule 2.5.2.

Accounts Payable Amount. 2.04(a) “Allocation” 2.04(b) “Amended Electricity Services Agreement” 5.11(c) “Approval Order” 4.05(a)

Accounts Payable Amount shall have the meaning set forth in Section 4.1.

Accounts Payable Amount. June 14th Accounts Payable Amount" shall mean the sum of the list of accounts payable of Seller as at June 14, 1999, attached hereto as Exhibit ___.

Accounts Payable Amount means, with respect to any Obligor at any time, the aggregate amount, vouchered and unvouchered, owed by Seller or any Originator to such Obligor at such time; provided, however, that if the Accounts Payable Amount for any Obligor exceeds the aggregate Unpaid Balance of the Eligible Receivables of such Obligor in the Receivables Pool, then the "Accounts Payable Amount" with respect to such Obligor shall be deemed to be equal to such aggregate Unpaid Balance.