Intra-Group Balances definition
Intra-Group Balances means the aggregate in US dollars of all amounts expressed to be owed by or to the Company by or to any member of the Vendor’s Group (as the case may be) outstanding as at close of business on the Completion Date other than those amounts comprised within the Final Intra-Group Debt Amount;
Intra-Group Balances means the Intra-Group Receivables less the Intra-Group Payables, as set out in the Final Completion Statement;
Intra-Group Balances means all sums owed by or to Mars▇▇▇ ▇▇ or from any other members of the Seller's Guarantor's Group at Completion save for those in respect of trade creditors arising through normal business transactions
Examples of Intra-Group Balances in a sentence
Such repayment shall be made in immediately available funds and in the currency in which the relevant amount was expressed to be repayable regardless of whether relevant amounts are then due or payable such that following the repayments contemplated by this sub-clause, Intra-Group Balances as at Completion will be zero.
More Definitions of Intra-Group Balances
Intra-Group Balances. (which may be a positive or negative number) means the Intra-Group Receivables minus the Intra-Group Payables, as set forth in the Final Closing Statement in accordance with Schedule A-1.