Accounts Payable and Other Accrued Expenses Sample Clauses

Accounts Payable and Other Accrued Expenses. The accounts payable, premiums payable to carriers, commissions payable and other accrued expenses of the Companies represent bona fide obligations incurred by the Companies which arose in the ordinary course of business. Set forth on Schedule 3.22 hereto is a list of all accounts payable, premiums payable to carriers and other accrued expenses as of the Latest Balance Sheet Date which are in excess of $5,000, in each case indicating the name of each payee, the relationship (if any) of the payee to the Companies, the amount payable to each payee, the date each such payment is due, the aging of such payable and the nature of the transaction in which it was incurred if other than a trade payable incurred in the ordinary course of business consistent with past practice.
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Accounts Payable and Other Accrued Expenses. Set forth on Schedule 4.26 attached hereto is a list of all post-petition accounts payable and other post-petition accrued expenses of Sellers as of the Latest Balance Sheet together with the name of each payee, the relationship (if any) to Sellers, the date each such payment is due and the nature of the transaction in which it was incurred if other than a trade payable incurred in the Ordinary Course of Business.
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Accounts Payable and Other Accrued Expenses. The accounts payable, premiums payable to carriers, commissions payable and other accrued expenses of the Company and its Subsidiaries represent bona fide obligations incurred by the Company and its Subsidiaries which arose in the Ordinary Course of Business. Set forth on Section 4(aa) of the Disclosure Schedule is a list of all accounts payable, premiums payable to carriers and other accrued expenses as of August 31, 2001, in each case indicating the name of each payee, the relationship (if any) of the payee to the Company and its Subsidiaries, the amount payable to each payee, the date each such payment is due, the aging of such payable and the nature of the transaction in which it was incurred if other than a trade payable incurred in the Ordinary Course of Business consistent with past practice. (bb) BANK ACCOUNTS. Section 4(bb) of the Disclosure Schedule sets forth: (a) the name of each bank in which the Company and its Subsidiaries have an account or safe deposit box used in their respective businesses and the names of all persons authorized to draw thereon or to have access thereto; and (b) the name of each person, corporation, firm, association or business organization, entity or enterprise holding a general or special power of attorney from the Company and its Subsidiaries with respect to such accounts and safe deposits boxes.
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Accounts Payable and Other Accrued Expenses. The accounts payable ------------------------------------------- and other accrued expenses included among the Liabilities of the Company and its Subsidiaries represent bona fide obligations incurred by the Company and its Subsidiaries, which arose in the Ordinary Course of Business.
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Accounts Payable and Other Accrued Expenses. The accounts payable and other accrued expenses included among the liabilities of the Company represent bona fide obligations incurred by the Company which arose in the ordinary course of its business. Set forth on Schedule 3.22 hereto is a list of all accounts payable and other accrued expenses as of April 30, 1999 in excess of $50,000, indicating the name of each payee, their relationship (if any) to the Company, the date each such payment is due and the nature of the transaction in which it was incurred if other than a trade payable incurred in the ordinary course of business.
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Accounts Payable and Other Accrued Expenses. The accounts payable and other accrued expenses included among the liabilities of Elite represent bona fide obligations incurred by Elite which arose in the ordinary course of its business. Schedule 4.20 lists all accounts payable and other accrued expenses as of the Latest Balance Sheet Date in excess of $10,000, indicating the name of each payee, their relationship (if any) to Elite, the date each such payment is due and the nature of the transaction in which it was incurred if other than a trade payable incurred in the ordinary course of business.
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Related to Accounts Payable and Other Accrued Expenses

  • Fees, Expenses and Other Payments (a) Except as otherwise provided in this Section 7.3, whether or not the Merger is consummated, all costs and expenses incurred in connection with this Agreement and the transactions contemplated hereby (including, without limitation, fees and disbursements of counsel, financial advisors and accountants) shall be borne solely and entirely by the party which has incurred such costs and expenses (with respect to such party, its "Expenses").

  • Expenses and Other Payments (a) Except as otherwise provided in this Section 8.3, each party shall pay its own expenses incident to preparing for, entering into and carrying out this Agreement and the consummation of the Transactions, whether or not the Merger shall be consummated.

  • Expense Reimbursement and Other Benefits (a) During the term of Executive’s employment hereunder, pursuant to Applica’s Travel and Expense Policy and upon the submission of proper substantiation by the Executive, including copies of all relevant invoices, receipts or other evidence reasonably requested by Applica, Applica shall reimburse the Executive for all reasonable expenses actually paid or incurred by the Executive in the course of and pursuant to the business of Applica or any Affiliates.

  • Taxes and Other Payments 7.1. Unless otherwise specifically provided for in this Agreement, the Company shall not be liable for the payment of taxes or other payments for which the Employee is responsible as result of this Agreement or any other legal provision, and the Employee shall be personally liable for such taxes and other payments.

  • Royalties and Other Payments A. For the rights, privileges and exclusive license granted hereunder, Licensee shall pay to CMCC the following amounts in the manner hereinafter provided. Unless expressly stated otherwise in this Agreement, periodic payment obligations listed below shall endure through the Term of this Agreement, unless this Agreement shall be sooner terminated as hereinafter provided.

  • Payment of Transfer Taxes, Fees and Other Expenses The Company agrees to pay any and all original issue taxes and stock transfer taxes that may be imposed on the issuance of shares received by an Employee in connection with the Restricted Stock Units, together with any and all other fees and expenses necessarily incurred by the Company in connection therewith.

  • Expenses and Other Benefits 6.1 The Company shall promptly reimburse to the Executive all reasonable travel and other out of pocket expenses properly incurred by him in the performance of his duties under the Employment. The Executive will submit claims for expenses reimbursement to the Company regularly with appropriate supporting documentation.

  • Taxes and other Amounts The Servicer will use its best efforts to collect all payments with respect to amounts due for Taxes, assessments and insurance premiums relating to each Loan Asset to the extent required to be paid to the Borrower for such application under the applicable Loan Agreement and remit such amounts to the appropriate Governmental Authority or insurer as required by the Loan Agreements.

  • Payment of Taxes and Other Claims The Company will pay or discharge or cause to be paid or discharged, before the same shall become delinquent, (1) all taxes, assessments and governmental charges levied or imposed upon the Company or any Subsidiary or upon the income, profits or property of the Company or any Subsidiary, and (2) all lawful claims for labor, materials and supplies which, if unpaid, might by law become a lien upon the property of the Company or any Subsidiary; provided, however, that the Company shall not be required to pay or discharge or cause to be paid or discharged any such tax, assessment, charge or claim whose amount, applicability or validity is being contested in good faith by appropriate proceedings.

  • Collection of Income and Other Payments (A) collect and receive for the account of each Portfolio, all income, dividends, distributions, coupons, option premiums, other payments and similar items, included or to be included in the Property, and, in addition, promptly advise each Portfolio of such receipt and credit such income, as collected, to each Portfolio's custodian account;

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