Capital Creditors definition

Capital Creditors means liabilities and accruals for work done in relation to Capex Projects to the extent that they have not been paid prior to Closing (based upon evidence such as invoices, evidence of work certified, quantity surveyor reports, licences, hours worked by contractors and staff or other substantive evidence of purchase, replacement, repair, refurbishment, improvement or addition);
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Capital Creditors means liabilities and accruals for work done in relation to Capex Projects and Capex spend to the extent that they have not been paid prior to Closing; Capex Projects means, in relation to each Target Company and MBNL, the projects undertaken by that Target Company or MBNL to the extent that they relate to the creation, purchase, replacement, repair, refurbishment or improvement of, or addition to, any tangible or intangible assets owned or leased by that Target Company or MBNL; and Capex Project shall be construed accordingly.
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Capital Creditors means, in respect of each Formula Year and to the extent
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Examples of Capital Creditors in a sentence

  • CASH FLOWS FROM INVESTING ACTIVITIES Payments for acquisition of assets – Net (1,371.11) (2,973.42)Receipts from disposal of fixed Assets(Increase) / Decrease in Other Non Current Assets - Capital advances 7.01 (315.09) 15.51 285.56Increase / (Decrease) in Capital Creditors (990.38) 1,165.89Interest received 43.65 54.38NET CASH FLOW (USED IN) INVESTING ACTIVITIES[B](2,625.92) (1,452.08) C.

  • Adjustments have not been made to "Purchase of Fixed Assets" (Investing Activities), on account of increase/decrease in Capital Creditors.

  • Another interesting point which will be discussed more fully is the fact that if a dog suffering from high simple obstruction is given fluids, especially saline infusion, the urea immediately shows a marked decrease and may even reach normal even though the obstruction still exists.

  • This is primarily due to the major Housing Capital Programme which caused Capital Creditors to be £3.3m higher this year to cover work carried out in 2012/13, but not invoiced by the year end, and Capital Debtors were £3.5m higher because the Homes & Community Agency funded a major part of the works and the claims were not paid until after the year end.

  • For the avoidance of doubt any Transaction Security or Guarantees will always be released pro rata between the Bondholders and the Working Capital Creditors and the remaining Transaction Security will continue to rank pari passu between the Bondholders and the Working Capital Creditors as set forth in the Security Documents, the Guarantee Agreement and the Intercreditor Agreement.

  • The Legislative Council shall have from among its membership a Senate Co-Chair and a House of Representatives Co-Chair, and a Senate Co-Vice Chair and a House of Representatives Co-Vice Chair who shall serve during the legislative biennium in which they are selected.

  • N.B. Do not include any accruals for Capital Creditors on the Creditors Schedule for Revenue.

  • The reviewing officer, or delegate, will commence assessment of the appeal within 10 business days and notify the student as soon as practicable of the outcome of the internal appeal via their RMIT student email account.

  • By comparing U.S. government statements that claim the legality of airborne strikes against the actual governing IHL and domestic law standards, I show that the United States does not view either legal framework as any sort of constraint on its actions in Somalia.

  • Green Peak Capital Creditor's mailing address Colonial Funding Network 2500 Discovery Boulevard 200 Rockwall, TX 75032 Creditor's email address, if knownDescribe debtor’s property that is subject to a lien Describe the lien Security Agreement/UCC - Promissory Note ❑NoI✔s the creditor an insider or related party?❑Yes.✔Is anyone else liable on this claim?❑No $78,367.57 $0.00 Date debt was incurred Last 4 digits of accountnumber ❑Yes.


More Definitions of Capital Creditors

Capital Creditors means liabilities and accruals for work done in relation to projects undertaken by the Target Company or the Seller to the extent that they relate to the purchase, replacement, repair, refurbishment or improvement of, or addition to, any tangible fixed assets owned or leased by the Target Company or Seller (in relation to the Businesses), including property, plant and equipment, furniture, fittings and furnishings and floor coverings;
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Related to Capital Creditors

  • financial creditor means any person to whom a financial debt is owed and includes a person to whom such debt has been legally assigned or transferred to;

  • operational creditor means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assigned or transferred;

  • Unsecured Creditors means all Creditors with Concurrent Claims against the Company;

  • Subordinated Creditors means all creditors the indebtedness of which is subordinated, in the event of the Winding-Up of DSB, in right of payment to the claims of depositors and other unsubordinated creditors of DSB other than those whose claims rank or is expressed to rank by operation of law or contract pari passu with, or junior to, the claims of the Noteholders. For this purpose indebtedness shall include all liabilities, whether actual or contingent;

  • Capital Commitment means, for any Borrower, the capital commitment of its Investors in the amount set forth in the applicable Subscription Agreements; “Capital Commitments” means all such Capital Commitments, collectively.

  • Junior Creditor means any Defaulting Bank which has not (x) fully cured each and every default on its part under the Loan Documents and (y) unconditionally tendered to the Administrative Agent such Defaulting Bank’s Pro Rata Share of all costs, expenses and disbursements required to be paid or reimbursed pursuant to the terms of the Loan Documents.

  • Subordinated Creditor means any creditor of Tenant which is a party to a Subordination Agreement in favor of Landlord.

  • Unsecured Creditor means the holder of an Unsecured Claim.

  • Capital Contribution means any cash, cash equivalents or the Net Agreed Value of Contributed Property that a Partner contributes to the Partnership.

  • Consenting Creditors has the meaning set forth in the preamble to this Agreement.

  • Capital Contributions means, with respect to any Member, the amount of money (US Dollars) and the initial Gross Asset Value of any assets or property (other than money) contributed by the Member (or such Member’s predecessor in interest) to the Company (net of liabilities secured by such contributed property that the Company is considered to assume or take subject to under Code Section 752) with respect to the Units in the Company held or purchased by such Member, including additional Capital Contributions.

  • Senior Creditors means, (a) depositors of the Issuer, (b) creditors of the Issuer who are unsubordinated creditors of the Issuer, and (c) creditors of the Issuer whose claims are or are expressed to be subordinated to the claims of other creditors of the Issuer (other than those whose claims are in respect of obligations which constitute, or would but for any applicable limitation on the amount of such capital, constitute, Tier 1 capital or Tier 2 capital or whose claims rank or are expressed to rank pari passu with, or junior to, the claims of holders in respect of the Notes) (whether only in a Winding Up of the Issuer or otherwise);

  • Subordinated Lenders means each and every Person to whom any of the Subordinated Indebtedness are owed.

  • Senior Lenders means each of the lenders from time to time under the Senior Credit Agreement.

  • Universal Credit means any payment of Universal Credit payable under the Welfare Reform Act 2012, the Universal Credit Regulations 2013, The Universal Credit (Consequential, Supplementary, Incidental and Miscellaneous Provisions) Regulations 2013, Universal Credit (Miscellaneous Amendments) Regulations 2013 and the Universal Credit (Transitional Provisions) Regulations 2014;

  • Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Unreturned Capital Contributions means, as to each Member, the aggregate Capital Contributions made to the Company by such Member minus the aggregate distributions of such Capital Contributions made to such Member from the Company pursuant to Sections 3.2(b) and 6.2(a)(ii) hereof.

  • Junior Capital collectively, any Indebtedness of any Parent or the Borrower that (a) is not secured by any asset of the Borrower or any Restricted Subsidiary, (b) is expressly subordinated to the prior payment in full of the Loans on terms consistent with those for senior subordinated high yield debt securities issued by U.S. companies sponsored by either of the Sponsors (as determined in good faith by the Borrower, which determination shall be conclusive), (c) has a final maturity date that is not earlier than, and provides for no scheduled payments of principal prior to, the date that is 91 days after the Initial Term Loan Maturity Date (other than through conversion or exchange of any such Indebtedness for Capital Stock (other than Disqualified Stock) of the Borrower, Capital Stock of any Parent or any other Junior Capital), (d) has no mandatory redemption or prepayment obligations other than (x) obligations that are subject to the prior payment in full in cash of the Loans or (y) pursuant to an escrow or similar arrangement with respect to the proceeds of such Junior Capital and (e) does not require the payment of cash interest until the date that is 91 days following the Initial Term Loan Maturity Date.

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

  • Material Credit Facility means, as to the Company and its Subsidiaries,

  • Lender Creditors shall have the meaning provided in the recitals of this Agreement.

  • Additional Capital Contributions shall have the meaning set forth in Section 5.3.

  • Dual credit means the system under which an eligible high school student enrolls in college course(s) and receives credit for the course(s) from both the college and high school.

  • Creditors Committee” means the official committee of unsecured creditors appointed in the Chapter 11 Cases pursuant to section 1102(a) of the Bankruptcy Code.