Vendor Deposits definition
Vendor Deposits means all deposits and pre-payments made by Seller before the Closing to its vendors as advance payments with respect to services or merchandise to be received by the HA-LO U.S. Business or with respect to the Customers after the Closing.
Vendor Deposits has the meaning stated in Section 8.06(c).
Vendor Deposits means any cash or cash equivalents paid by any Seller to any of its vendors in respect of any customer orders (or the portion thereof) placed with such Seller that remains unfulfilled as of Closing.
Examples of Vendor Deposits in a sentence
The Buyer’s calculation of the Purchase Price pursuant to Section 2.1 above assumes that the actual aggregate book value of the Inventory Assets and the Vendor Deposits as of the Closing, calculated in accordance with the Seller’s past practices (the “Inventory Actual Closing Value”), will be at least equal to $227,000 (the “Inventory Target Closing Value”).
More Definitions of Vendor Deposits
Vendor Deposits means any deposit of any Seller with any vendor or manufacturer of any merchandise, including without limitation those set forth on Schedule 2.1(u).
Vendor Deposits has the meaning set forth in Section 1.1.1(n). ---------------
Vendor Deposits means all deposits on file with any third party vendor providing Telecommunications Services directly related to the Acquired Assets and Active Services.
Vendor Deposits means the amount of all vendor deposits required to be included in the Company's prepaid expenses (for which the services for such deposits has not been received yet), determined in accordance with IFRS.