Trade Debtors definition

Trade Debtors means amounts receivable at Closing in respect of trade debtors by a Target Company (including any Inter-Company Trading Debt, amounts recoverable, payments in advance, trade bills recoverable, prepayments and accrued income);
Trade Debtors means amounts receivable at Closing in respect of trade debtors by the Business Seller in connection with the Business (including any amounts recoverable, payments in advance, trade bills recoverable, prepayments and accrued income);
Trade Debtors means, at any time, all debts due to each Group Company in the ordinary course of business outstanding for not more than 180 days from the date payment is due and which are not bad or doubtful but excluding:-

Examples of Trade Debtors in a sentence

  • Trade debtors are carried at nominal amounts due and are due for settlement within 30 days from the date of recognition.

  • CodesCURRENT ASSETS ......................................................................Amounts receivable after more than one year ......................Trade debtors ........................................................................Other amounts receivable .....................................................Stocks and contracts in progress ..........................................

  • Trade debtors are recognised at the nominal amounts due at the time of sale or service delivery.

  • Trade debtors are written off when there is no reasonable expectation of recovery.

  • Trade debtors are non-interest bearing and generally on 30 day terms.


More Definitions of Trade Debtors

Trade Debtors means debts due to each Group Company in the ordinary course of business outstanding for not more than 90 days from date of invoice (or such other period agreed with BoS) and which are not bad or doubtful (or determined by BoS to be bad or doubtful) but excluding:-
Trade Debtors means the value of the Eligible Trade Debtors of each of Cincinnati Machine U.K. Limited, Intermec Technologies U.K. Limited, Lamb Technicon (a division of UNOVA U.K. Limited) and Landis Lund (a division of UNOVA U.K. Limited);
Trade Debtors means debts due to each Group Company which arise out of and are due and owing in the ordinary course of business, which have not been outstanding for more than ninety days from the date of the applicable invoice (or such other period as may be agreed with the Bank) and which are not bad or doubtful or determined by the Bank to be bad or doubtful (and the bank shall act reasonably in making such determination) but excluding (a) any debt owed by a Group Company, (b) any debt owed by any person who is also a creditor of a Group Company to the extent of the amount owed by that Group Company to that creditor and (c) any debt which has been assigned to or is held in trust for any third party or is subject to any factoring or invoice discounting or similar agreement, with such adjustments as the Bank, acting reasonably, shall from time to time consider to be appropriate in the context of each Group Company's business and the facility."
Trade Debtors means a company’s ordinary trading partners that owes money to the company.
Trade Debtors means debts due to the Borrower, Simclar International Limited and each of their Subsidiaries which is not dormant in the ordinary course of business outstanding for not more than 90 days from date of invoice (or such other period agreed with BoS) and which are not bad or doubtful (or determined by BoS to be bad or doubtful) but excluding:-
Trade Debtors. Trade Creditors” and “Sundry Creditors” in this schedule 10 refer to the corresponding captions in the Management Accounts.
Trade Debtors means, at any time, all debts due to each member of the Group in the ordinary course of business outstanding for not more than 90 days from date of invoice and which are not bad or doubtful but excluding:- (a) any debt owed by another member of the Group; (b) any debt owed by any person who is also a creditor of a Group to the extent of the amount owed by that member of the member of the Group to that creditor; (c) any debt which has been assigned or charged to or is held in trust for any third party or is subject to any factoring or invoice discounting or similar arrangement;