ACCRUED PAYABLES definition
ACCRUED PAYABLES means the sum of all accounts payable and other accrued expenses of the Company that are unpaid as of the Closing Date.
ACCRUED PAYABLES means, with respect to the applicable Insurer, the liabilities of the Business determined in accordance with Applicable SAP and appropriately includable in line items 6, 7.1, 7.2, 7.3, 8, 9, 11.1, 11.2, 11.3, 12, 12A, 13 (but only to the extent of amounts shown on Exhibit 5, lines 3.12, 3.22, 3.32 and 7.3), 15, 18 and 19 (but only the suspense account balances in such line 19) of the Liabilities, Surplus and Other Funds page of the NAIC Annual Statement Blank or in comparable line items in successor NAIC annual statement blanks.