Business Receivables definition

Business Receivables means all payments due to the Vendor in relation to the Business as at Completion;
Business Receivables means, in the case of each Business, all book and other debts or sums receivable by, payable to or owed to the relevant Business Seller to the extent that such debts and sums arise in respect of the relevant Business and are outstanding at the NatWest Closing in respect of the NatWest Businesses or the RBS Closing in respect of the RBS Businesses whether or not yet immediately due or payable (including trade debts, deposits, prepayments, retrospective rebates and overpayments), and interest thereon, but excluding debts owed to the Business Sellers by any relevant Tax Authority or member of the RBSG Group in respect of Taxation relating to the Business attributable to periods ended on or before, or an Event occurring (or deemed to occur) on or before, the relevant Closing (such debts in respect of Taxation including, for the avoidance of doubt, any bond or other security issued by any Tax Authority or other governmental agency representing any such debts);
Business Receivables means all amounts receivable by or owing to the Seller as at the Closing Date (whether or not any such amounts are then due and payable) for goods and/or services supplied by the Seller or otherwise receivable by or owing to the Seller in connection with the Pessac Business.

Examples of Business Receivables in a sentence

  • Advanta Business Card Master Trust c/o Wilmington Trust Company Rodney Square North 1100 North Market Street Wilmington, Delaware 19890-0001 Advanta Business Receivables Corp.

  • Included in Exhibit 4.1 to the Form 8-K filed with the SEC on August 30, 2000 by Advanta Business Receivables Corp.

  • I have reviewed this annual report on Form 10-K, and all reports on Form 8-K containing distribution or servicing reports filed in respect of periods included in the year covered by this annual report, of Advanta Business Receivables Corp.

  • Using data from the Federal ReserveBoard’s Finance Company Business Receivables data on owned assets as of December 2019, the Bureau estimates commercial finance companies outstanding credit for commercial purposes as the value of retail motor vehicle loans plus equipment loans and other business receivables,which totaled about $215 billion.107 The Bureau further assumes that about 75 percent of this value, or $162 billion, can be attributed to loans to small businesses.

  • Included in Exhibit 4.3 to the Form 8-K filed with the SEC on August 30, 2000 by Advanta Business Receivables Corp.


More Definitions of Business Receivables

Business Receivables means all amounts receivable, accrued or prepaid by or owed to the relevant Business Seller in relation to the Operations in respect of trading debtors, excluding any cash in hand, cash in transit, cash at bank and any current investments held by or on behalf of the Business Seller;
Business Receivables means, in respect of each Business Seller, debtors/accounts receivable of a trading nature arising in the ordinary course of business for the purposes of the Business each as detailed in Topic Area 7600, section 030 of the Unilever Accounting Policy Manual in each case at Completion and including such part of such amounts as relates to VAT;
Business Receivables means all receivables (including accounts receivable, loans receivable and advances) primarily attributable to the Business, in each case solely to the extent as set forth on Schedule 2.1(b) of the Disclosure Schedules and, to the extent not set forth on Schedule 2.1(b) of the Disclosure Schedules, as set forth on the Closing Balance Sheet.
Business Receivables means all receivables of the Business owed to any Transferred Entity, other than (i) contingent general partnership fees and asset management fees for which there is an offsetting liability or reserve on the applicable balance sheet, (ii) Developer Loans, and (iii) Bridge Loans.
Business Receivables means the trade accounts receivable owned by an Acquired Company that are Related to the Business, as of any determination date under this Agreement, excluding such trade and non-trade accounts receivables for products or services provided by an Acquired Company to Seller, a Seller Affiliate, an Acquired Company or a JV Company, all determined in accordance with the Accounting Principles and Practices.
Business Receivables has the meaning set forth in Section 11.9(a). "Business Records" has the meaning set forth in Section 2.1. "Buyer" has the meaning set forth in the Background. "Buyer Indemnitee" has the meaning set forth in Section 12.1.1. "Buyer Material Adverse Effect" has the meaning set forth in Section 6. 1. "Buyer Non-Closing Event" has the meaning set forth in Section 9.1.8. "Buyer Permitted Termination" has the meaning set forth in Section 13.4(a). "Buyer's Lenders" shall mean Xxxxx Brothers Xxxxxxxx & Co. and First Union National Bank. "Buyer's Subsidiaries" has the meaning set forth in Section 3.2(a)(iv). "Buyer's Title Commitment" has the meaning set forth in Section 2.6.1(a). "Collection" has the meaning set forth in Section 11.9(b). "Collection Shortfall" has the meaning set forth in Section 11.9(b). "Closing" has the meaning set forth in Section 4.1. "Closing Date" has the meaning set forth in Section 4. 1.
Business Receivables means all amounts receivable by or owing to a member of the Seller’s Group (other than Oakhouse and Rollover) for goods and/or services supplied by the Business or otherwise owing to a member of the Seller’s Group (other than Oakhouse and Rollover) in respect of the Business, in each case prior to the Completion Statement Date (whether or not invoiced); Cash means the aggregate of the cash (whether in hand or credited to any account with any banking, financial, acceptance credit, lending or other similar institution or organisation) and cash equivalents, including all interest accrued thereon, of the Target Companies as at the Completion Statement Date but excluding, for the avoidance of doubt, any item or amount to the extent it is taken into account in calculating the Actual Working Capital; Stock means the following, wherever situated, as at the Completion Statement Date: (a) all finished products held by the Target Companies as trading stock for supply exclusively in the course of the Business; (b) all stocks of meat, ingredients and other raw materials held by the Target Companies exclusively in the course of the Business; (c) all semi-produced or partly finished products which are in the course of production by the Target Companies into finished products for supply in the course of the Business; and