Trade Liabilities definition
Trade Liabilities means the fair market value of the Company's liability as of the Closing for unperformed time under the Trade Agreements.
Trade Liabilities has the meaning specified in Section 6.9.
Trade Liabilities means the total value of all indebtedness to trade creditors of the JV excluding, for the avoidance of doubt and without limitation, bank or other borrowings, amounts owed by the JV to the JV Parties and exceptional items such as liabilities under judgments to pay damages for breach of contract, tort or statutory liability.
Examples of Trade Liabilities in a sentence
The Trade Liabilities do not, and as of the Closing Date will not, exceed the Trade Receivables.
Deliver to Citadel at the Closing an accurate schedule of Trade Liabilities and Trade Receivables existing as of the Closing.
Sellers shall exercise reasonable efforts to minimize the amount of additional Trade Liabilities incurred after execution of this Agreement, and to prevent a Trade Imbalance.
Sellers shall deliver to Citadel at the Closing a schedule of Trade Liabilities and Trade Receivables existing as of the Closing (the "Trade Schedule").
Fully discharge all Obligations of the Company on a timely basis so that the Obligations of the Company existing as of the Closing Date shall consist solely of Accounts Payable and Trade Liabilities.
More Definitions of Trade Liabilities
Trade Liabilities means trade accounts payable for the Company and its Consolidated Subsidiaries.
Trade Liabilities means any and all obligations and liabilities arising after the Closing Date in relation to the Continuing Liabilities;
Trade Liabilities means the outstanding balance at Closing reflected on the balance sheet of the Seller determined in accordance with GAAP and consistent with Section 1.2(e) of all Liabilities for Product returns, Rebates, Discounts and Chargebacks of the Seller arising in the ordinary course of business relating to any of the Products sold on or before the Closing, provided that the incurrence or existence of any such Liability does not constitute a breach or failure of, or a default under, any representation, warranty, covenant or other provision of this Agreement. A copy of Seller's calculation of the Trade Liabilities as of September 30, 2008 is attached hereto as Schedule 1.5
Trade Liabilities means, as of the Closing Date, all ----------------- current liabilities of the Business which have arisen in the ordinary course of business. Notwithstanding the foregoing or any other provision herein to the contrary, the term "Trade Liabilities" shall not include any Sellers' Expenses.
Trade Liabilities means trade liabilities claimed by customers of the Business ----------------- for off-invoice deductions, slotting fees, spoils, returns, rebates, incentives, promotional and fixed or off-invoice merchandising allowances, post-award deductions, billbacks, market development funds, and similar trade terms, whether variable or fixed, and whether incurred by the Company or by Seller or any of Seller's Affiliates solely with respect to the Business, or resulting from commitments made by brokers, sales representatives or other agents of the Business.
Trade Liabilities means all trade payables (including intercompany payables) accrued in the ordinary course of business consistent with past practice and accrued expenses incurred by the Division in the ordinary course of its operation of the Business consistent with past practice to the extent such trade payables and accrued expenses are reflected on the Balance Sheet, the Closing Balance Sheet or the Closing Schedule.
Trade Liabilities means any and all accounts payable on unsecured indebtedness of or relating to the business for goods or services purchased by the Division in the ordinary course of business which is payable on ordinary commercial terms consistent with the ordinary practice of the industry in which the Division operates as shown on the Auditors' Report; provided, however, that "Trade Liabilities" excludes any and all amounts for which the goods or services to which they relate have not been received by the Division.