Trade Payable Agreements definition
Trade Payable Agreements means collectively, (a) the GMAC Trade Payables Agreement, (b) the ▇▇ ▇▇▇▇▇▇ Trade Payables Agreement, and (c) any other agreement between any Borrower or Guarantor and a financial institution or other Person pursuant to which such Person, agrees to purchase accounts payable owing by such Borrower or Guarantor to suppliers, arising from such Borrower’s or Guarantor’s purchase of merchandise from suppliers for resale in its retail stores and commercial outlets.
Examples of Trade Payable Agreements in a sentence
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.