Payable Property definition

Payable Property means [for example: accounts payable, accounts receivable, and payroll property], for which the dormancy period began during the Agreement Look-Back Period and that became Abandoned or Unclaimed Property. All other property types/categories of property are excluded from the definition of Payable Property for purposes of this Agreement.
Payable Property means all property deemed Abandoned or Unclaimed Property by Commerce UCP during the Agreement Look-Back Period.

Examples of Payable Property in a sentence

  • The HOLDER also represents that the payment and delivery of the Payable Property is made in good faith compliance with the Abandoned or Unclaimed Property Law, including but not limited to § 1153 of the Abandoned or Unclaimed Property Law.

  • Bookkeeping and financial reporting Includes Accounts Receivable, Accounts Payable, Property & Equipment Accounting, Accounts Reconciliation, and Financial Reporting (Monthly Balance Sheet and Income Statement) and review of Payroll information prepared at Venezuela.

  • Notwithstanding the foregoing provisions of this paragraph 6, for Payable Property for which complete names and addresses do exist, the HOLDER assumes the applicable reporting responsibilities and any such amounts due or paid to any state other than the STATE are not subject to the release and indemnification provisions contained in this paragraph 6.

  • In other words, the STATE waives its right to audit the HOLDER, pursuant to the Abandoned or Unclaimed Property Law, concerning the categories of Payable Property that became Abandoned or Unclaimed Property for the Agreement Look-Back Period and all preceding years.

  • Dorsey ------------------------------------------------ Name: Patrick B.

  • Bookkeeping and financial reporting Includes Accounts Receivable, Accounts Payable, Property & Equipment Accounting, Accounts Reconciliation, and Financing Reporting (Monthly Balance Sheet and Income Statement) and review of Payroll Information prepared at Venezuela.

  • The HOLDER’s reliance on an independent third-party to process the HOLDER’s books and records and to determine the amount of the Payable Property does not, by itself alone, without more, constitute “good faith.” The STATE releases the HOLDER from all claims, demands, interest, penalties, fines, actions or causes of action the STATE may have from the beginning of time through and including the date of this Agreement that relate to the Payable Property, subject only to the conditions in paragraph nos.

  • The HOLDER has disclosed to the STATE any estimation techniques which were used to determine the Payable Property for any periods where the HOLDER attests that records either do not exist, or are inadequate to determine the exact amount of property which became abandoned or unclaimed during the Agreement Look-Back Period.

  • The STATE releases the HOLDER from any further reporting requirements for the Payable Property from the beginning of time through the Abandoned and Unclaimed Property Report due to Delaware for reporting year 2018/2019, which Report was due March 1, 2019/2020.

  • The HOLDER also represents that the payment and delivery of the Payable Property is made in good faith compliance with the Abandoned or Unclaimed Property Law, including but not limited to § 1153 of the Abandoned Property Law.

Related to Payable Property

  • movable property means property of every description except immovable property;

  • Taxable Property means all Assessor’s Parcels which are not Exempt Property.

  • immovable property shall have the meaning which it has under the law of the Contracting State in which the property in question is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of general law respecting landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits, sources and other natural resources; ships, boats and aircraft shall not be regarded as immovable property.

  • rateable property means property on which the municipality may in terms of Section 2 of the Property Rates Act 2004 levy a rate, but excluding property fully excluded from the levying of rates in terms of Section 17 of that Act.

  • Assessable property means real property in a district area other than all of the following: