Examples of Prepaid Assets in a sentence
Prepaid Assets – These assets represent the amounts paid to a vendor pursuant to a contract to design, transition, and implement new line-of-business, general ledger accounting system, and payroll administration systems.
IV.A: Divestitures: Prepaid Assets; Memorandum Opinion, 2020 U.S. Dist.
Such transition services will enable DISH to use the Prepaid Assets as quickly as possible and will help prevent disruption for Boost, Virgin, and Sprint prepaid customers as the business is transferred to DISH.
Prepaid Assets - portion of fund balance that is not an available resource because it represents the year-end balance of costs applicable to future accounting periods, which are not spendable resources.
The Approval Order shall further provide that (x) any Real Property, Personal Property, Prepaid Assets and Inventory relating to the Assumed Contracts or Retained Contracts that are later designated as Assumed Contracts shall be deemed Acquired Assets and (y) any Real Property, Personal Property, Prepaid Assets and Inventory relating to the Rejected Contracts or Retained Contracts that are later designated as Rejected Contracts are rejected by the Sellers shall be deemed Excluded Assets.