Payables definition

Payables. Liabilities of a party arising from the borrowing of money or the incurring of obligations for services, merchandise or goods purchased.
Payables as of any date shall mean any of the trade accounts payable associated with the Business as of such date in accordance with GAAP consistently applied.
Payables means all accounts payable to trade creditors to the extent primarily relating to or arising from the conduct or operations of the Business that are incurred in the Ordinary Course of Business, in each case to the extent such Payables remain unpaid as of the Closing.

Examples of Payables in a sentence

  • Payables are stated at cost which is the fair value of the consideration to be paid in the future for goods and services received.

  • Payables are recognised initially at fair value, usually based on the transaction cost or face value.

  • Payables include liabilities and accrued expenses owing by the Fund which are unpaid as at the end of the reporting period.

  • Payables are recognised when there is a contractual obligation to deliver cash or another financial asset to another entity.

  • Payables include liabilities, amounts due to brokers and accrued expenses owing by the Fund which are unpaid as at the end of the reporting period.


More Definitions of Payables

Payables means any and all accounts payable and other amounts payable to third parties, including customers and employees, arising from the conduct of the Business before the Closing, whether or not in the ordinary course.
Payables means all amounts (each a "Payable") owed, owing, incurred or payable by the Vendor as at the Completion Date in respect of the Business or the Assets, excluding all liabilities in relation to Taxation;
Payables as of any date shall mean any of the accounts payable associated with the Company as of such date in accordance with GAAP consistently applied, other than to an affiliate of the Company.
Payables. Liabilities of a person or Entity resulting from the borrowing of money or the incurring of obligations for merchandise or goods purchased.
Payables has the meaning set forth in Section 2.4(a)(i).
Payables has the meaning set forth in the recitals.