Examples of Intercompany Balances in a sentence
The “Intercompany Receivables” listed on Schedule B(16) have been split out into three components: Intercompany Balances, Intercompany Settlements and Intercompany Notes.
Where representative of a liability, Intercompany Balances, Settlements and Notes, which are payable in the ordinary course, have been consolidated as an “Intercompany Payable” on Schedule F.
Intercompany Balances represent manually recorded intercompany payables and receivables.
The Purchaser and Seller will then determine the arithmetic mean of the Intercompany Balances on that and the immediately preceding Distribution Date (or on such Distribution Date and the Effective Date, in the case of the first Distribution Date), treating any deferred Purchase Price as a positive number and any loan as a negative number for purposes of this calculation.
Holders of Intercompany Balances in Class R-9 shall receive no recovery on account of their Claims.