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 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 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;
Examples of Trade Debts in a sentence
All Trade Debts and Trade Credits arising in respect of the Brand Operations after the Asset Purchase Completion shall be for the benefit of and/or borne by the Brand Operation Entities.
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.
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, 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.
Trade Debts has the meaning assigned to such term in Section 5.23 hereof.
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 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);