Company Payables definition

Company Payables means trade and other creditors/account payable by any Company as detailed in Topic Area 7400, section 030 of the Unilever Accounting Policy Manual in each case at Completion (including accrued advertising, accrued freight, accrued restructuring and goods received and not invoiced) and including such part of such amounts as comprise input VAT but excluding, for the avoidance of doubt, (a) creditors of a financial nature (together with accrued interest thereon) and (b) any of the foregoing to the extent they comprise a Tax Liability (not including, for the avoidance of doubt, such input VAT);
View Source
Company Payables has the meaning set forth in Section 1.1.
View Source
Company Payables means in relation to each Target Company the aggregate of its payables to any member of Sellers' Groups including any accrued and unpaid interest thereon identified by the line items so named in Schedule 2, but excluding Trade Payables; Inter-Company Receivables means, in relation to each Target Company, the aggregate of its receivables from any member of Sellers' Groups including any accrued and unpaid interest thereon identified by the line items so named in Schedule 2, but excluding Trade Receivables; Inventory means the aggregate amount of inventory of each Target Company identified by the line items so named in Schedule 2; IP Agreements means the executed or Agreed Form (as the case may be) intellectual property agreements with Linde and Praxair as licensor on the one hand, respectively, and the American Local Purchaser as licensee on the other hand; IT Systems means the computer and telecommunication hardware systems, networks, servers, PCs or other peripheral equipment used by the Target Companies; JVCos has the meaning given in Schedule 1; Key Employees means an Employee who was grade 13 or above, in the case of Praxair, or band/grade 4 or above, in the case of Linde as at the Closing Date; Known has the meaning given in Schedule 8; Leakage means any of the following actions to the extent not remedied:
View Source

Examples of Company Payables in a sentence

  • If the Net Intercompany Payables is a negative number or zero, (a) all Company Payables shall be satisfied and no longer outstanding at the Effective Time through additional funding in the form of a capital contribution from Parent to Company on the Closing Date in the amount of the Company Payable, and (b) all Parental Payables shall be cancelled and extinguished at the Effective Time.

  • If the Net Intercompany Payables is a positive number, Indirect Parent shall pay the Company at or prior to the Effective Time a cash amount equal to such number and all other Company Payables and Parental Payables shall be cancelled and extinguished at the Effective Time.

  • Within [***] ([***]) days after the [***] for a Product [***], such [***] being the “Third Milestone,” Parent shall pay to the Company Stockholders a non-refundable, non-creditable milestone payment in the aggregate amount of [***] Dollars ($[***]) in cash, less any deduction pursuant to Section 8.6(c) and less [***] ([***]) of the Assumed Company Payables (the “Third Milestone Payment Amount”), with such payment allocated among the Company Stockholders in accordance with Section 2.8.

  • In the event the Cash Consideration remaining after compliance with the provisions of Section 1.7(a)(i)(A) is not sufficient to satisfy the Preclosing Company Payables of the Executives, such Preclosing Company Payables shall be satisfied using Stock Consideration included within the Remaining Closing Consideration.

  • Parent or the Surviving Corporation will pay the Assumed Company Payables in a reasonably timely manner.

  • Except as otherwise specifically provided in this Agreement (including, without limitation, the Assumed Company Payables), (a) Parent will pay its own fees and expenses incurred in connection with this Agreement and the transactions contemplated hereby, and (b) the aggregate Company Transaction Expenses due and payable prior to Closing shall be paid by the Company prior to the Effective Time.

  • The Parties shall cooperate fully in the preparation of the Closing Date Company Payables, Receivables and Prepayments.

  • The provisions of Clause 2 (Price) and paragraph 4 of Part A and paragraph 1(e) of Part B of Schedule 6 shall apply in respect of the Inter-Company Receivables, Inter- Company Payables, Inter-Company Services Charge and Inter-Company Loan Amount.

  • A list with Seller's Insurance Company Payables is attached hereto as Schedule 6.I. Seller and Shareholders covenant and agree to pay all liabilities and payables owed by Seller which are related to its insurance business as they become due, other than any such liabilities or payables with respect to which there exists a reasonable basis to dispute the legal obligation to pay such liability or account payable.

  • From the date hereof through the Closing Date, the Company shall provide to Parent, within ten (10) days of the end of a calendar month, a summary of the outstanding Preclosing Company Payables as of the end of such calendar month, including a summary of any potential or actual disputes regarding such payables.


More Definitions of Company Payables

Company Payables means as of the relevant time, any and all accounts payable of the Company whether due or accruing due, or recorded or unrecorded on the Company Financial Statements, calculated in accordance with IFRS, including the Company Closing Payables, the Company Settlement Payables and the Company Residual Payables.
View Source
Company Payables means the Seller’s good faith estimate of what the Inter-Company Payables owed by any Target Company will be at the Closing Time, as notified to the Purchaser pursuant to clause 2.3;
View Source
Company Payables means amounts payable by the Business to the Seller's Group (other than the Target Companies); Inter-Company Receivables means amounts receivable by the Business from the Seller's Group (other than the Target Companies); IP Assignment Agreements means: (a) the four assignment agreements between Kerry Luxembourg SARL (as Assignor) and ▇▇▇▇▇ Meats Limited (as Assignee) dated 11 June 2021; (b) the assignment agreement between Kerry Luxembourg SARL (as Assignor) and Noon Products Limited (as Assignee) dated 11 June 2021; (c) the assignment agreement between Kerry Luxembourg SARL (as Assignor) and Oakhouse Foods Limited (as Assignee) dated 11 June 2021; (d) the assignment agreement between Kerry Luxembourg SARL (as Assignor) and Rollover Limited (as Assignee) dated 11 June 2021; (e) the assignment agreement between Kerry Luxembourg SARL (as Assignor) and Northfield Foods Limited (as Assignee) dated 11 June 2021; (f) the assignment agreement between Kerry Luxembourg SARL (as Assignor) and Rye Valley Foods Limited (as Assignee) dated 11 June 2021; (g) the assignment agreement between ▇▇▇▇▇ Group plc (as Assignor) and ▇▇▇▇▇ Meats Limited (as Assignee) dated 11 June 2021; (h) the assignment agreement between ▇▇▇▇▇ Group plc (as Assignor) and Noon Products Limited (as Assignee) dated 11 June 2021; and (i) the Galtee IP Assignment Agreements; Irish Sale Shares means the entire issued share capital of each of the Target Companies that is incorporated in ROI; IT and Data means:
View Source

Related to Company Payables

  • Intercompany Payables means all account, note or loan payables and all advances (cash or otherwise) or any other extensions of credit that are payable by Seller or any of its Affiliates (other than the Bank or the Transferred Subsidiaries) to the Bank or the Transferred Subsidiaries.

  • Trade Payables means, with respect to any Person, any accounts payable or any other indebtedness or monetary obligation to trade creditors created, assumed or Guaranteed by such Person or any of its Subsidiaries arising in the ordinary course of business in connection with the acquisition of goods or services.

  • Payables Liabilities of a party arising from the borrowing of money or the incurring of obligations for services, merchandise or goods purchased.

  • Company Expenses has the meaning set forth in Section 5.09 of the Holdings LLC Agreement.

  • Prepaid Expenses has the meaning set forth in Section 1.2(f).