Excess accounts payable definition

Excess accounts payable means accounts payable of an Act 60 school district that exceed available funding; and
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Excess accounts payable means accounts payable of an Act
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Excess accounts payable has the meaning given such term in Section 2.5(d).
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More Definitions of Excess accounts payable

Excess accounts payable means all (a) accounts payable for beef, poultry, pork, or veal that remain outstanding more than seven (7) days from the date of the invoice and (b) all accounts payable relating to anything other than beef, poultry, pork, or veal which remain outstanding more than thirty (30) days from the date of the invoice.
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Excess accounts payable means that portion of the accounts payable of the Company that has been outstanding greater than 60 days as of the Closing Date.
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Excess accounts payable means the aggregate amount by which (1) the total Accounts Payable, Accrued and Current Liabilities exceeds (2) the amount determined by multiplying (A) 0.123288 by (B) SRC's gross revenues as computed in accordance with GAAP consistently applied for the four quarters ending on March 26, 1999.
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Related to Excess accounts payable

  • Accounts Payable means all trade and other accounts payable, including accrued expenses, owed by the Company.

  • Excluded Accounts means any deposit account or securities account used exclusively as (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) escrow, fiduciary or trust accounts, (d) zero balance accounts and (e) the funds or other property held in or maintained in any such account identified in clauses (a) through (d).