Book Debts as defined in the UK Security Agreements.
Book Debts means the net amount of all trade and other debts and amounts owing to the Company at the Completion Date in respect of the Business (whether or not invoiced).
Book Debts of the Chargor means all book and other debts of any nature, and all other rights to receive money (excluding Bank Accounts), now or in the future due, owing or payable to it and the benefit of all related negotiable instruments, rights, Security, guarantees and indemnities of any kind.
Examples of Book Debts in a sentence
Shah (Director) [b] Cash Credit & EPC facilities from Banks repayable on demandAmt O/s(i) Bank of India - Rs. 1196.21 lacs (P.Y. 1417.51 lacs) Primary Security - Hypothecation of Stocks and Book Debts.
More Definitions of Book Debts
Book Debts means the total amount of the outstanding debit balances in customers credit accounts including hire purchase and credit sales accounts at the date of the Damage adjusted for bad debts.
Book Debts means any claim of any nature which any of the Obligors (other than the Issuer) has in respect of any indebtedness against any debtor of such Obligor (other than the Issuer) and over which a security interest has been granted in favour of the Debt Guarantor (as defined in the Security Sharing Agreement);
Book Debts means the trade debts owed to the Vendor at the Effective Time in connection with the Business
Book Debts means all present and future book and other debts and monetary claims due or owing to the Company and any proceeds of such debts and claims (including any claims or sums of money deriving from or in relation to any Intellectual Property, any Investment, the proceeds of any Insurance Policy, any court order or judgment, any contract or agreement to which the Company is a party and any other assets, property, rights or undertaking of the Company);
Book Debts of the Client means all book and other debts of any nature, and all other rights to receive money (excluding Bank Accounts), now or in the future due, owing or payable to it and the benefit of all related negotiable instruments, rights, Security, guarantees and indemnities of any kind, including, on the date of the Debenture, those book and other debts arising under or in connection with the contracts listed in Schedule 4.
Book Debts means all book and other debts, revenues and claims both present and future (including things in action) which may give rise to a debt, revenue or claim due or owing or which may become due or owing to the Assignor under, or by virtue of, the Assigned Agreements or in connection with the rights of the Assignor evidenced by them and the present and future rights, titles, benefits and interests of the Assignor to, or in, them together with all rights and remedies relating to, or for enforcing, the Assigned Agreements including but not limited to all reservation of proprietary rights, rights of tracing and all other rights and remedies of whatsoever nature now or hereafter held by the Assignor in respect of all or any of the foregoing and all moneys from time to time becoming due or owing thereunder or in connection therewith.