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);

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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:-

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:-

Examples of Trade Debtors in a sentence

The aggregate of Trade Debtors, Cash at Bank, other receivables and work in progress (other receivables and work in progress being those items identified in the Financial Statements and the consolidated management accounts of the Group) shall at all times equal or exceed 50% of the aggregate value of (i) all Guarantees issued and not returned to BoS and (ii) all Guarantees issued and not returned to any other lender, as the case may be, in accordance with clause 15 of the letter.
Trade Debtors may not, without the prior written consent of RCM, assign or delegate any of their, rights, interests, duties, obligations or liabilities under this Agreement.
Contribution of assets and liabilities that relate to the Acquired Businesses (and any Trade Debtors and Trade Creditors permitted to be included in the scope of this transaction pursuant to Schedule 14) from ▇▇▇▇ ▇▇▇ Household & Body Care Italy Spa to an Italian Newco.
Trade Debtors shall pay RCM the Trade Debt, less the amount of the Down Payment, in strict accordance with the terms and conditions of the Note.
Trade Debtors have failed to pay, when due, the Trade Debt to RCM, are in material default of the Trade Debt Agreements and have requested that RCM restructure and extend payment of the Trade Debt.

More Definitions of Trade Debtors

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 amounts receivable at the Closing Time in respect of trade debtors by a Target Company or, in relation to a Business, by the relevant Business Seller in connection with that Business (including, in each case, amounts recoverable, payments in advance, trade bills recoverable, prepayments and accrued income);

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;

Trade Debtors means the debtors of the Trade Receivables. Unless otherwise defined herein or unless the context otherwise requires, terms defined or referred to in the Facility Agreement shall have the same meaning when used herein.

Trade Debtors means all trade debts (other than any Excluded Asset) owed to the Vendor at the Completion Date listed in the schedule delivered by the Vendor to the Purchaser at Completion;

Trade Debtors means a company’s ordinary trading partners that owes money to the company.