Trade Payable definition

Trade Payable means a debt payable by the Company to a creditor, or an enterprise in the normal course of its business

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Trade Payable means any account payable owed by the Borrower to vendors for the purchase of Inventory, including checks held and Inventory received but not yet invoiced.

Trade Payable means, with respect to any Person, any accounts ------------- payable or any other indebtedness or monetary obligation to trade creditors created, assumed or Guaranteed by such Person or any of its Subsidiaries arising in the ordinary course of business in connection with the acquisition of goods or services.

Examples of Trade Payable in a sentence

Each month, together with the other financial statements required to be furnished hereunder, Borrower shall furnish Lender a Certification detailing the Indebtedness then outstanding, including the number of days (in increments of 30 days) that each Trade Payable of Borrower has been outstanding.
In connection therewith, Purchaser (I) shall diligently pursue resolution of the Outstanding Trade Payables and (II) shall not settle or compromise any Outstanding Trade Payable for less than the face amount thereof, unless in connection with such settlement or compromise, Seller, the Existing Loan Borrower and CBRE Realty Finance TRS, LLC (“CBF”) shall be released by the applicable Trade Creditor from any liability in respect of such Outstanding Trade Payable.
Buyer will pay all Assumed Trade Payables within sixty (60) days after the Closing Date; provided, however, that payment of a particular Assumed Trade Payable may be delayed for a commercially reasonable period in the event of a bona fide dispute with the vendor of a particular Assumed Trade Payable if the Buyer acts in good faith to resolve such bona fide dispute.
If the Sellers do not pay any Trade Payable by its due date for payment, the Sellers authorise the Buyer to apply the Withheld Amount towards payment of the relevant Trade Payable as agent of the relevant Seller.
If a creditor of Seller compromises an Excluded Trade Payable, such compromise shall be for Buyer's benefit.
To that end, Seller shall promptly report to Buyer the compromise of an Excluded Trade Payable and Seller shall pay to Buyer the difference between the amount paid to the vendor and the invoice amount (or other amount to used to determine whether an adjustment is required under Section 2.6(c) hereof), with such payment to be received within three (3) Business Days of the compromise.
Buyers shall not be deemed to have assumed any specific Trade Payable until Buyers add such Trade Payable to Schedule 1.2(a), by identifying the payee and amount of such Trade Payable, which schedule may be amended by Buyers from time to time after Closing.
Without limiting the generality of the foregoing, each payment due under the A/P Trade Payable Agreements required to be made prior to the Closing Date has been timely made, and no Loan Party is in breach of its obligations under any A/P Trade Payable Agreement.
The Purchaser shall cause the Company Subsidiaries to discharge the Inter-Company Trade Payable and Inter-Company Non-trade Payable within thirty (30) Business Days after the Cut-Off Date, in an amount at least equal to the amount of the Inter-Company Trade Receivable and Inter-Company Non-trade Receivable that have been collected within thirty (30) Business Days after the Cut-Off Date.
The Safety Canada Trade Payable shall, at all times, be non-interest bearing.

More Definitions of Trade Payable

Trade Payable means all of the trade payable and trade and sundry creditors of the Group determined in accordance with the Agreed Accounting Policies;

Trade Payable means, as of any date of determination, the amount by which, if any, the aggregate value of time owed under the Trade Agreements in respect of which the determination is being made exceeds the aggregate value of goods and services to be received under such Trade Agreements, and “Trade Receivable” means, as of any date of determination, the amount by which, if any, the aggregate value of goods and services to be received pursuant to the Trade Agreements in respect of which the determination is being made exceeds the aggregate value of time owed under such Trade Agreements. Three (3) business days before the Closing Date, the ▇▇▇▇▇▇ Entities shall deliver to Buyer Trade Accounts Receivable Reports for the Stations estimating the Trade Payable or Trade Receivable, as the case may be, for each advertiser for each of the Stations as of the Closing Date (the “Closing Date Trade Report”).

Trade Payable means, as of any date of determination, the amount by which, if any, the aggregate value of advertising time owed under the Trade Agreements in respect of which the determination is being made exceeds the aggregate value of goods and services to be received under such Trade Agreements, and "Trade Receivable" means, as of any date of determination, the amount by which, if any, the aggregate value of goods and services to be received pursuant to the Trade Agreements in respect of which the determination is being made exceeds the aggregate value of advertising time owed under such Trade Agreements. Three

Trade Payable means accounts payable incurred in the Ordinary Course of Business.

Trade Payable means any Claim held by an Entity that, in the Debtors' business judgment, is critical to the Debtors' business and operations, provided that the Trade Payable Claims are subject to the rights of the DIP Agent, the Prepetition First Lien Lenders and the Ad Hoc Second Lien Group to evaluate and object to such Claims.

Trade Payable means all lienable trade or other payables or obligations incurred by Borrower in connection with the acquisition or development of or construction of Real Estate.