Trade Debts definition

Trade Debts means all trading debts existing between any member of the Vendors' Group and any Group Company incurred in the ordinary course of business.

Trade Debts means amounts owing or accrued liabilities or obligations in the ordinary course of trading, and including interest accrued and VAT on such amounts, as a result of intra-group trading activity and the provision of goods or services supplied by a Group Company to a member of the Seller’s Group or vice versa, pursuant to the Related Party Arrangements and Continuing Arrangements. For reference purposes only, the amount of the Trade Debts as at 31 September 2017 is set out in Schedule 11; Transaction has the meaning given in Recital (B);

Trade Debts means, on any date, the aggregate of all debts owed to the Borrower on that date on arms length commercial terms arising in the normal course of the Borrower's business.

Examples of Trade Debts in a sentence

• Trade Debts and other receivables are carried at invoices value, which approximates fair value less provision for impairment.

• Once all Trade Debts (as defined in the Purchase Agreement) have been settled pursuant the terms and conditions of the Purchase Agreement, Medco shall acquire all of the Participating Interests (as defined in the Joint Operating Agreement) held by Purchaser, so that Medco becomes the direct owner of the Assets (as defined in the Purchase Agreement).

• At Completion, the Seller must deliver to the Asset Buyer a copy of the special resolution passed by the State Electricity Commission of Victoria (as shareholder) approving the sale of Assets and the Trade Debts specified by the Asset Buyer pursuant to clause 12A by the Seller on and subject to the terms of this agreement.

• SECUREDCash Credit from BanksDocumentary Bill Purchase from Bank(Secured by Hypothecation of Stores, Raw Material, Finished Goods, Work in Progress and Trade Debts) 315.881,840.71 186.181,179.09TOTAL2,156.591,365.27(Refer to Note No. 30.31.6 for default in payment of interest on secured short term borrowings) NOTE NO.

• Further, ECL calculated on Trade Debts was not required as the amount assessed was immaterial to the unconsolidated financial statement.4.4.7.2 Non-financial assets The carrying amounts of the Company's non-financial assets are reviewed at each balance sheet date to determine whether there is any indication of impairment.

More Definitions of Trade Debts

Trade Debts means all amounts owing to the Target Group by trade debtors in connection with the Brand Operations in respect of goods or services supplied by the Target Group (whether or not invoiced and whether or not due and payable at the relevant time);

Trade Debts means all amounts owing to the Seller by trade debtors in connection with the Business as at the Transfer Date in respect of goods or services supplied by the Seller before the Transfer Date (whether or not invoiced and whether or not then due and payable;

Trade Debts means all amounts owing to the Vendor but unpaid at the close of business on the day immediately before the Completion Date for any goods or services supplied or provided by the Vendor in connection with the Business.

Trade Debts means the amounts due to the Asset Vendor in connection with the Marlxx Xxxiness and the Emess Lighting Business at the date of Completion in respect of trade debtor accounts arising through normal business transactions (whether or not yet payable).

Trade Debts means the amounts due to Prodac in connection with the Business at the date of this Agreement in respect of trade debtor accounts arising through normal business transactions (whether or not yet due and payable);

Trade Debts means all amounts owing to a Seller under the Contracts as at Completion (whether or not invoiced and whether or not due and payable at that time) and "TRADE DEBT" means any of those amounts;

Trade Debts means amounts owing by way of trade credit in the ordinary course of trading as a result of goods or services supplied; Transaction means, collectively, the transactions contemplated pursuant to this agreement; Transaction Documents means this agreement, the Disclosure Letter, the Tax Deed, the Shareholders’ Agreement, the RoW Articles, the US JVCo LPA, the US GPCo Articles, the Transitional Services Agreements, the Equity Commitment Letter, the French Put Option Letter and the Dutch Put Option Letter; Transferring Registered IP has the meaning given to it in clause 23.28; Transitional Services Agreements means: