Past Due Payables definition

Past Due Payables means, as of any date of determination, all liabilities and other obligations of the Property Owner that (i) are due and remain unpaid as of such date of determination, and (ii) all expenses incurred by the Property Owner that remain unpaid as of such date of determination to the extent such expenses relate to a date more than thirty (30) days prior to the date of determination.

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Past Due Payables means accounts payable (other than accounts payable to Affiliates) that are 60 days or more past due.

Past Due Payables for a Borrower means accounts payable of such Borrower that are 90 days or more past due.

Examples of Past Due Payables in a sentence

Pursuant to Section 6.5 of the Credit Agreement, as of the Reporting Date, Past Due Payables on a consolidated basis was $ , which o satisfies o does not satisfy the requirement that the Borrowers have no Past Due Payables.
The favorable opinion of ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ LLP, counsel for the Underwriters, dated such Date of Delivery, relating to the Option Securities to be purchased on such Date of Delivery and otherwise to the same effect as the opinion required by Section 5(d) hereof.
Pursuant to Section 6.5 of the Credit Agreement, as of the Reporting Date, Past Due Payables on a consolidated basis was $_________________, which o satisfies o does not satisfy the requirement that the Borrowers have no Past Due Payables.
Pursuant to Section 6.5 of the Credit Agreement, as of the Reporting Date, Past Due Payables on a consolidated basis was $ , which ¨ satisfies ¨ does not satisfy the requirement that the Borrowers have no Past Due Payables.
Lender and Borrower hereby agree to cancel $400,000 of the Past Due Payables upon the closing of the Equity Financing.
Pursuant to Section 6.5 of the Credit Agreement, as of the Reporting Date, Past Due Payables on a consolidated basis was $_________________, which [ ] satisfies [ ] does not satisfy the requirement that the Borrowers have no more than $750,000 in Past Due Payables during the period from May 31, 2005 through September 30, 2005, and no Past Due Payables at all other times.
Set forth on Schedule 3.23(c) of the Due Diligence Memorandum is a schedule of all RCC Past Due Payables and the amount paid in cash to satisfy such RCC Past Due Payables.
Pursuant to Section 6.5 of the Credit Agreement, as of the Reporting Date, Past Due Payables on a consolidated basis was $____________, which o satisfies o does not satisfy the requirement that the Borrowers have no Past Due Payables.
On the fifteenth day of each month, Borrower shall deliver to Administrative Agent an updated schedule of Past Due Payables as of the last day on the month just ended.
Except as set forth on Schedule 3.23(c) of the Due Diligence Memorandum, neither the original terms of the RCC Past Due Payables or any contract or agreement in connection with the satisfaction of the RCC Past Due Payables have been modified or amended and none of the Company Parties has agreed to any conditions, concessions or similar arrangements with respect to the satisfaction of such RCC Past Due Payables.

More Definitions of Past Due Payables

Past Due Payables means accounts payable (other than accounts payable to Affiliates) that are 60 days or more past due; provided, however, that for purposes of calculating “Past Due Payables” as of June 30, 2005, accounts payable to Boule Medical AB shall be excluded from such calculation.

Past Due Payables shall have the meaning specified in Section 4(j)(ix)(B) of this Agreement.

Past Due Payables means the amount of all payables of the Company and its Subsidiaries (including any accounts payable, notes payable and any disputed payables) and accrued expenses, in each case, that are past due.

Past Due Payables means the aggregate amount of all accounts and trade payables of the Acquired Companies, in each case, existing as of March 12, 2012 that are more than thirty-one (31) days past the respective dates of the original invoices giving rise to such accounts and trade payables.

Past Due Payables means all accounts payable of Borrower and Scheduled Affiliates that (i) remain unpaid beyond their respective originally granted terms or (ii) have begun to accrue interest.

Past Due Payables means the trade payables of ----------------- Falcon and its Subsidiaries existing on the Closing Date that are one or more days past the due date set forth on the original invoices therefor, to the extent not being contested in good faith by appropriate proceedings being diligently conducted and for which adequate reserves have been provided in accordance with GAAP, and in any event and without limitation such term shall include all trade payables identified as "Past Due Payables" on the Payables Aging Schedule delivered to Lenders in accordance with Section 3.29(vi).