Intercompany Receivable definition

Intercompany Receivable means the affiliate receivable balance that has been recorded and adjusted over time and held by DH from Dynegy, and which has historically been classified within equity by DH, as described in Note 15 of DH’s consolidated financial statements for the period from November 8, 2011 through December 31, 2011 included in Dynegy’s Annual Report on Form 10-K filed with the Securities & Exchange Commission on March 8, 2012.

Intercompany Receivable means the receivable on the balance sheet between Seller and the Company under the item entitled “Accounts receivable – Intercompany.”

Intercompany Receivable means the receivable evidencing the debt owed from Western to Westar, as such amount shall be adjusted from time to time pursuant to Section 3.02(a)(ii) of the Merger Agreement.

Examples of Intercompany Receivable in a sentence

• Receivables and payables among the Debtors in these cases (each an "Intercompany Receivable" or "Intercompany Payable" and, collectively, the "Intercompany Claims") are reported on Schedule B(16) and Schedule F, respectively, as a net receivable or payable due to or from the applicable Debtor to or from the other Debtors.

• On October 13, 2004, Omega paid a cash dividend of $1,260,000 to these new shareholders which was charged against Common Stock Subject to Put Obligation for accounting purposes and a proportionate intercompany dividend to Mestek of $7,740,000 which reduced the Company’s Intercompany Receivable from Mestek by this amount.

• If Parent fails to respond to Buyer within such thirty (30) day period, Parent shall be deemed to have irrevocably accepted and agreed to the Closing Statement, including the calculation of Closing Working Capital, Closing Cash, Closing Indebtedness, and Closing Net Intercompany Receivable or Closing Net Intercompany Payable, as applicable, as set forth therein.

• In furtherance of the foregoing, Buyer acknowledges and agrees that Buyer shall execute and deliver such documents and instruments, and do such other acts and things as Seller may reasonably request in order to fully evidence and preserve the assignment of such Unpaid Intercompany Receivable granted hereunder.

• Westar may convert any outstanding amount of the Intercompany Receivable as provided in Section 3.2(a)(ii) of the Merger Agreement, provided any remaining balance of the Intercompany Receivable that has not been converted on or before the Merger Effective Time shall be so converted at the Effective Time, and Westar shall provide written notice to Western of its choice of conversion options on or prior to the Cut Off Date.

More Definitions of Intercompany Receivable

Intercompany Receivable means any right to payment held by a Credit Party for goods sold or leased or for services rendered or loans or funds advanced to any of Borrower’s Subsidiaries, whether or not such right is evidenced by an Instrument or Chattel Paper and whether or not it has been earned by performance.

Intercompany Receivable shall have the meaning set forth in Section 4.1(j) hereof.

Intercompany Receivable has the meaning assigned to such term in the Financing Agreement.

Intercompany Receivable means an account receivable of the Company or a Company Subsidiary owing and payable from either Seller or an Affiliate of Seller (other than the Company or a Company Subsidiary) or Buyer or an Affiliate of Buyer (other than the Company or a Company Subsidiary).

Intercompany Receivable any right to payment held by a Grantor for goods sold or leased or for services rendered or loans or funds advanced to the Company or any of its Subsidiaries (but, in the case such right to payment is owing by an Unrestricted Subsidiary, only if it arises out of the sale of solar modules), whether or not such right is evidenced by an Instrument or Chattel Paper and whether or not it has been earned by performance.

Intercompany Receivable means, with respect to any Subsidiary of the Company, any amount owed to such Subsidiary by the Company.

Intercompany Receivable means a Receivable the Obligor of which is an Affiliate of the Borrower or any Originator.