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.

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Trade Debts means amounts owing by way of trade credit in the ordinary course of trading as a result of goods or services supplied by a Group Company to a member of the Seller’s Group or vice versa and which are specifically identified on a schedule in Agreed Form prior to Completion; 88. Transaction has the meaning given in Recital (B);

Trade Debts means amounts owing in the ordinary course of trading as a result of goods or services supplied by a Target Group Company to a member of the Seller’s Group or vice versa; Transaction has the meaning given in recital (B); Transaction Costs means any professional fees, costs or expenses directly relating to or directly arising from the Transaction and/or the Transaction Documents (including those payable to Wyvern Partners, DLA Piper and/or Ernst & ▇▇▇▇▇, in each case in relation to the advice provided to management of the Target Group relating to or arising from the Transaction) which are paid or agreed to be paid or incurred or owing by a Target Group Company prior to Completion (including any amount in respect of Irrecoverable VAT payable on such Transaction Costs);

Examples of Trade Debts in a sentence

• The Remaining Group is not expected to have any material business relationship with the Target Group after Completion, apart from the settlement of the Trade Debts by Nanjing Mayflower pursuant to the Obligations and Debts Framework Agreement.

• The Sellers shall not take any steps to collect any of the Trade Debts and shall not do anything to hinder their collection by the Buyer.

• Upon the terms and subject to the conditions set forth in this Agreement, at the Closing (used in this Agreement as defined in Section 1.3(a) below), the Seller shall sell to the Purchaser and the Purchaser shall purchase from the Seller the Shares and shall purchase or caused to be purchased from the Seller the Trade Debts, the 1998 Debts, the Purchased But Not Funded Debts and the Remaining Debts acquired pursuant to Section 4.12.

• Without prejudice to the other provisions of this clause 11 in relation to Intra-Group Payables, Intra-Group Receivables and Trade Debts, with effect from Completion and save in respect of: 172.

• The Seller shall procure that the Trade Debts owing by any member of the Seller’s Group to a Group Company as at Completion shall be settled within 60 days after Completion.

More Definitions of Trade Debts

Trade Debts means amounts owing in the ordinary course of trading as a result of goods or services supplied by a Target Group Company to a member of the Seller’s Group or vice versa; Trademarks means trademarks, service marks, trade dress, trade names, logos, slogans, words, names, symbols, designs, corporate names, doing business designations, and all other indicia of origin, quality or source, and all registrations, applications for registration and renewals of the foregoing anywhere in the world, and all goodwill associated with the foregoing; Transaction has the meaning given in recital (B); Transaction Costs means any professional fees, costs or expenses relating to or arising from the Transaction which are to be paid or have been agreed to be paid or incurred (and for clarity which in any such case have not been paid) or which are owing by a Target Group Company (including any amount in respect of Irrecoverable VAT payable on such Transaction Costs) at the Effective Time;

Trade Debts all amounts owing to any of the Sellers by trade debtors in connection with the Business as at the Transfer Date in respect of goods or services supplied by any of the Sellers in the ordinary course of business before the Transfer Date (whether or not invoiced and whether or not then due and payable) together with all such amounts owing in respect of goods or services supplied by any of the Sellers in the ordinary course of business during the period between the Transfer Date and Completion (whether or not invoiced and whether or not then due and payable). "Transaction Documents" this Agreement, the Disclosure Letter, the Transitional Services Agreement and all other documents to be signed by the parties in relation to the Proposed Transaction at the date of this Agreement or at Completion "Transfer Date" 5.30pm on 9 January 2017

Trade Debts means each and every amount due to the Seller on the Completion Date in connection with the Business by or in respect of trade debtors, payments in advance, trade bills receivable and like trade obligations and includes sundry debtors, prepayments and other receivables.

Trade Debts means the amounts due to the Asset Vendor in connection with the Marl▇▇ ▇▇▇iness 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 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 has the meaning assigned to such term in Section 5.23 hereof.

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;