Accrued Expenses Sample Clauses
The Accrued Expenses clause defines how expenses that have been incurred but not yet paid are recognized and handled between parties. It typically requires that all such expenses, even if not yet invoiced or settled, are accounted for up to a specific date, such as the closing of a transaction or the end of a reporting period. This ensures that financial obligations are accurately reflected and allocated, preventing disputes over unpaid costs and ensuring a fair division of liabilities.
POPULAR SAMPLE Copied 5 times
Accrued Expenses. The Company will reimburse the Executive for any business expenses reasonably incurred by the Executive up to and including the Termination Date in accordance with the Company's normal expenses policy applicable to the Executive at that time.
Accrued Expenses. The aggregate of all expenses of the Business that relate to any period prior to 12:00 midnight on the day prior to the Closing Date in respect of which Sellers have not made payment or, subject to payment thereof on or before the due date thereof, an account payable has arisen or an accrual made on Sellers' books of account prior to the Closing Date for which Sellers will not remain responsible after the Closing Date, which amounts have been identified and set forth by Sellers on Schedule 2.05(a)(ii) hereto;
Accrued Expenses. All obligations of Seller (or its applicable subsidiaries) with respect to accrued expenses reflected or reserved against in the June Balance Sheet or those incurred in the ordinary course of business since June 30, 1998, including without limitation the items set forth on Schedule 1(c)(v) (the "Accrued Expenses");
Accrued Expenses. The parties agree that within 30 days of the date of this Agreement each party shall agree on the items set forth on Schedule 5.26 to be included in "Accrued Expenses" for purposes of calculating of Net Working Capital for purposes of the Closing Date Balance Sheet as set forth on Schedule 1.93(c).
Accrued Expenses. 1 1.4 Affiliate ................................................................................. 2 1.5
Accrued Expenses. All obligations of the Company with respect to accrued expenses outstanding on the Closing Date and calculated as set forth on EXHIBIT H attached hereto ("ACCRUED EXPENSES");
Accrued Expenses. 7 (e) Leases. . . . . . . . . . . . . . . . . . . . . . . . 7 2.5
Accrued Expenses. Accrued expenses consist of the following at June 30, 1995 and 1994: 1995 1994 Salaries, wages, and employee benefits $ 5,100,000 $ 2,821,000 Pension costs 2,148,000 1,697,000 Taxes, other than income taxes 1,459,000 1,276,000 Interest expense 507,000 41,000 Current estimated phase-out costs of steel fabrication operations 2,000,000 1,000,000 Other 1,870,000 537,000 ------------- ------------ $ 13,084,000 $ 7,372,000 ============= ============
Accrued Expenses. The obligations of Seller with respect to the accrued expenses reflected or reserved against in the balance sheet included in the Quarterly Financial Statements and applicable to the Business and those incurred in the ordinary course of business since the Quarterly Financial Statement Date (the “Accrued Expenses”);
Accrued Expenses. SCHEDULE 2.4(d) is a complete and accurate list of all of Seller's accrued expenses that are recorded on the June 30, 1997, Financial Statements of the Business, and which represent payment obligations actually incurred in the ordinary course of Seller's Business.