Common use of Current Assets Clause in Contracts

Current Assets. Receivables own BU (BS01_130) Column B of the Novartis Statement of Net Assets represents receivables against other entities within the Novartis division, which are offset by an equivalent amount in the line Payables own BU. These amounts have been eliminated in Column C of the Novartis Statement of Net Assets.

Appears in 4 contracts

Sources: Contribution Agreement (Glaxosmithkline PLC), Contribution Agreement (Glaxosmithkline PLC), Contribution Agreement (Novartis Ag)