Trade Accounts definition

Trade Accounts. Receivable shall mean, as of the applicable date, the Seller's trade accounts receivable associated with the Business.
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Trade Accounts means that portion of each of the Borrowers’ Accounts which arises from the sale of Inventory in the ordinary course of such Borrower’s business.
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Trade Accounts means accounts payable by Seller, as of the Closing Date and to be assigned to and assumed by Buyer hereunder, arising materially or exclusively from or incurred in connection with the Business by Seller and as set forth in Exhibit 12 attached hereto, as supplement by Seller and agreed to by Buyer.
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Examples of Trade Accounts in a sentence

  • Trade Accounts ReceivableTrade accounts receivable are recorded at the invoiced amount and do not bear interest.

  • Upon the sale, exchange, or other disposition of Inventory, as herein provided, the security interest in the Inventory provided for herein shall, without break in continuity and without further formality or act, continue in, and attach to, all proceeds, including any instruments for the payment of money, Trade Accounts Receivable, documents of title, shipping documents, chattel paper and all other cash and non-cash proceeds of such sale, exchange or disposition.

  • LCH SA will provide trade compression services to Clearing Members on an ad hoc and on an automatic basis to allow Clearing Members to reduce the number of Cleared Transactions they hold in their House Trade Account and in each of their Client Trade Accounts.

  • Trade Accounts Receivable, Allowance for Doubtful Accounts, and Customer Deductions Trade accounts receivable are stated at the amount we expect to collect.

  • The Seller agrees that it will pay any and all outstanding Trade Accounts Payable, Shared Accounts Payable and Accrued Payroll and Benefits following the Closing in accordance with their terms, but in all circumstances within one hundred twenty (120) days following the Closing.

  • Trade Accounts Receivable and the Allowance for Doubtful AccountsThe Company evaluates the collectability of trade accounts receivable based on a combination of factors.

  • Trade Accounts ReceivableThe Company’s trade accounts receivable balances relate to amounts due from students or customers occurring in the normal course of business.

  • The Company may determine types of Trade Accounts which do not fall within the provisions of this paragraph.

  • With respect to all such reports, the Company will provide to the Agent such additional information and material as the Agent may reasonably request to effectively evaluate the Trade Accounts Receivable and the collectability thereof and the mix of the Inventory and such other information as the Agent may reasonably require to evaluate the Company's Trade Accounts Receivable and Inventory, such as returns, claims, credits, allowances and information identifying and describing the Trade Accounts Receivable.

  • Accounts Receivable – Trade Accounts receivable – trade are reported at net realizable value.


More Definitions of Trade Accounts

Trade Accounts means all of Borrower's now owned or hereafter acquired right, title, and interest in Accounts related to or arising from the sale of Inventory to Borrower's customers in the ordinary course of business.
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Trade Accounts means the Trade Accounts described as Excluded Accounts" on Schedule 4.01(b) hereto and any Trade Accounts which are not listed as Included Accounts" on such Schedule. Nothing set forth in this Section 4.01(b) shall be deemed to except, or shall have the effect of exempting, the Special Trade Accounts from the obligation of Purchaser set forth in Section 4.01(a) above. The obligations of the Guarantors under this Section 4.01(b) shall be absolute and unconditional and shall be performed without set-off, counterclaim, demand or defense.
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Trade Accounts. Current liabilities of the Company or any Subsidiary representing purchases on account of goods and services.
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Trade Accounts means any and all of YellowBrix's accounts (as defined in the Uniform Commercial Code in effect from time to time in the applicable jurisdiction), accounts receivable and other receivables, generated in the ordinary course of business of YellowBrix, whether now owned or hereafter acquired or arising, together with all instruments, documents, general intangibles and other interests representing, evidencing or otherwise incidental to any of the foregoing, all rights of any goods, merchandise or inventory which any of the same may represent, and all right, title, remedies, security, guarantees and deposit, credit and other insurance with respect to the foregoing, including, without limitation, any right of stoppage in transit and any other rights or remedies of an unpaid vendor, lienor or secured party. Trade Accounts are hereby subject to a senior security interest of the New Investors, and all Realization Proceeds in respect of Trade Accounts shall be applied solely to the New Investor Obligations until the New Investor Obligations shall have been paid in full in cash and all commitments to lend under the New Investor Loan Documents have terminated, and, until such time, the QIP Investors shall not be permitted to receive any such Realization Proceeds; and
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Trade Accounts means all trade accounts and accrued expenses payable by TTI;
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Trade Accounts. RECEIVABLE shall mean that portion of Accounts which arises from the sale of Inventory or the rendition of services in the ordinary course of business. TRADEMARKS shall mean, with respect to any Loan Party, all of that Loan Party's present and hereafter acquired trademarks and/or trademark rights (together with the goodwill associated therewith) and all cash and non-cash proceeds thereof. UCC shall mean the Uniform Commercial Code as in effect from time to time in the state of Texas. VEHICLES shall mean with respect to any Loan Party, all of that Loan Party's present and hereafter acquired owned or leased crew cabs, pick-ups, vans, trucks, automobiles, tractors, trailers and other mobile equipment.
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Related to Trade Accounts

  • Trade Accounts Payable of any Person means trade accounts payable of such Person with a maturity of not greater than 90 days incurred in the ordinary course of such Person's business.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Excluded Accounts means (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) xxxxx cash accounts funded in the ordinary course of business, (d) escrow, fiduciary or trust accounts, (e) designated disbursement accounts and non-U.S. bank accounts and (f) the funds or other property held in or maintained in any such account identified in clauses (a) through (e).

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.

  • Securities Accounts (i) shall mean all “securities accounts” as defined in Article 8 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4(A) under the heading “Securities Accounts” (as such schedule may be amended or supplemented from time to time).

  • Separate Accounts means the accounts which are to be prepared for each

  • Collection Accounts As defined in Section 3.10(a).

  • Project Accounts means accounts referred to in and required to be established under the Senior Funding Agreements;

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Commodities Accounts (i) shall mean all “commodity accounts” as defined in Article 9 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4 under the heading “Commodities Accounts” (as such schedule may be amended or supplemented from time to time).

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Locked Box Accounts means the accounts in agreed form of the Group Companies, comprising a balance sheet as at the Locked Box Date and profit and loss account for the period which commenced on 18 October 2016 and which ended on the Locked Box Date;

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Excluded Deposit Accounts means, collectively, (i) payroll and payroll taxes accounts, workers’ compensation accounts and other employee wage and benefit payment accounts and xxxxx cash accounts, (ii) trust accounts and (iii) deposit accounts other than Collection Accounts and Collateral Deposit Accounts (as each such term is defined in the Revolving Credit Agreement), so long as the aggregate amount on deposit in all such deposit accounts does not exceed $2,500,000 in the aggregate at any time.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Earnings Accounts means the bank accounts of each of the Obligors from time to time each of which shall be held with the Agent or any of the Agent’s corresponding banks and to which all the Earnings and any proceeds of the Insurances shall be paid.

  • Management Accounts means, in relation to any Reporting Period, the Franchisee’s management accounts which: (a) comply with paragraph 3.10 of Schedule 13 (Information and Industry Initiatives); and (b) are required to be delivered to the Secretary of State by the Franchisee in accordance with paragraphs 3.2 and 3.3 of Schedule 13 (Information and Industry Initiatives);

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

  • Accounts means all presently existing and hereafter arising accounts, contract rights, payment intangibles and all other forms of obligations owing to Borrower arising out of the sale or lease of goods (including, without limitation, the licensing of software and other technology) or the rendering of services by Borrower and any and all credit insurance, guaranties, and other security therefor, as well as all merchandise returned to or reclaimed by Borrower and Borrower’s Books relating to any of the foregoing.

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Deposit Accounts means any “deposit accounts,” as such term is defined in the UCC, and includes any checking account, savings account, or certificate of deposit.

  • Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;