Current Debtors definition

Current Debtors means debtors who do not owe more than Rupees One Lakh Fifty Thousand Only (Rs. 1,50,000/-) in the aggregate to the Seller.
Sample 1

Examples of Current Debtors in a sentence

  • To: All Potential or Current Debtors In addition to the other informational guidelines supplied by the clerk's office, please review the following items 1 through 15 below to ensure that your papers are prepared in the correct format using the correct forms and that other clerk's instructions are followed.

  • Current Debtors 20132012 £’000£’000Government bodies3,1003,603Other local authorities11,7729,958NHS bodies8981,723Public corporations and trading funds2-Other entities and individuals23,71422,037Total39,48637,321 17b.

  • Current Debtors are amounts owed to the Authority that are due during the next financial year.

  • The costs of providing the Services shall be R exclusive of Value Added Tax and traveling expenses for site visits more than 50km (return) from the Mosela Rating Agency’s offices.

  • Special attention should be give to key items such as Inventory, Current Debtors, Non-current debtors (these 3 items broadly grouped as part of ‘working capital’), Borrowing and Community Wealth.

  • CAMP USA Direct Placement Application CRLeEsAeRt FFoOrRmM PPRrIiNnTt FFoOrRmM Please read the accompanying instructions and fill out this form completely.

  • A loss of 5 psi per hour or more during the pressure test, regardless of the amount of leakage shall be considered a failing test.

  • The Statement of Current Debtors breaks further breaks down Debtors Sundry.

  • Current Debtors 20112010 £’000£’000Central government bodies6,47110,400Other local authorities10,81412,907NHS bodies1,7262,771Public corporations and trading funds00Other entities and individuals24,74526,678Total43,75652,756 16b.

  • Note 3 – Current Debtors and Creditors – this note summarises how much money was owed to the council at the end of the year, and how much the council owed other people.

Related to Current Debtors

  • Current Debt of any Person shall mean as of the date of any determination thereof (i) all Indebtedness of such Person for borrowed money other than Funded Debt of such Person and (ii) Guaranties by such Person of Current Debt of others.

  • Account Debtors mean all Persons who are obligated on the Receivables.

  • Debtors has the meaning set forth in the Recitals.

  • Delinquent debt means (1) any debt owed to FCIC that has not been paid by the termination date specified in the applicable contract of insurance, or other due date for payment contained in any other agreement, or notification of indebtedness, and (2) any overdue amount owed to FCIC by a debtor which is the subject of an installment payment agreement which the debtor has failed to satisfy under the terms of such agreement.

  • Trade Payables means, with respect to any Person, any accounts payable or any other indebtedness or monetary obligation to trade creditors created, assumed or Guaranteed by such Person or any of its Subsidiaries arising in the ordinary course of business in connection with the acquisition of goods or services.

  • Account Debtor means any Person obligated on an Account.

  • Subordinated Liabilities means liabilities subordinated to the Borrower’s obligations to the Bank in a manner acceptable to the Bank in its sole discretion.

  • Intercompany Payables means all account, note or loan payables and all advances (cash or otherwise) or any other extensions of credit that are payable by Seller or any of its Affiliates (other than the Bank or the Transferred Subsidiaries) to the Bank or the Transferred Subsidiaries.

  • New debtor means a person that becomes bound as debtor under section 9203(4) by a security agreement previously entered into by another person.

  • Senior Claims means, (a) with respect to the RBL Priority Collateral, each of the First-Priority Lien Obligations secured by such Collateral and, (b) with respect to the Term/Notes Priority Collateral, each of the Second-Priority Lien Obligations secured by such Collateral.

  • Payables as of any date shall mean any of the trade accounts payable associated with the Business as of such date in accordance with GAAP consistently applied.

  • Ordinary Course Professional Order means the Order Authorizing the Retention and Compensation of Certain Professionals Utilized in the Ordinary Course of Business [D.I. 765].

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

  • Subsidiary Debtors means, collectively, Congoleum Sales, Inc. and Congoleum Fiscal, Inc.

  • Debtor means a person who is liable on a claim.

  • Project Debt means Indebtedness of one or more Project Subsidiaries incurred for the purpose of holding, constructing or acquiring power generation facilities or related or ancillary assets or properties; provided that the Company is not liable with respect to such Indebtedness except to the extent of a non-recourse pledge of equity interests in one or more Project Subsidiaries.

  • Obligors means the Borrower and the Guarantors.

  • Ordinary Course of Business means the ordinary course of business consistent with past custom and practice (including with respect to quantity and frequency).

  • Portfolio Companies means any Person in which any Fund owns or has made, directly or indirectly, an investment.

  • Non-Debtor Subsidiaries means all direct and indirect subsidiaries of any Debtor that are not Debtors in the Chapter 11 Cases.

  • Reorganized Debtors means collectively, a Debtor, or any successor or assign thereto, by merger, consolidation, or otherwise, on and after the Effective Date, including any new entity established in connection with the implementation of the Restructuring Transactions.

  • Petition Date means the date on which the Debtors commenced the Chapter 11 Cases.

  • Non-Debtor Affiliate means any Affiliate of the Debtors that is not a Debtor in the Chapter 11 Cases.

  • Prepetition means the time period ending immediately prior to the filing of the Chapter 11 Cases.

  • Customary Recourse Exceptions means, with respect to any Non-Recourse Debt of an Unrestricted Subsidiary, exclusions from the exculpation provisions with respect to such Non-Recourse Debt for the voluntary bankruptcy of such Unrestricted Subsidiary, fraud, misapplication of cash, environmental claims, waste, willful destruction and other circumstances customarily excluded by lenders from exculpation provisions or included in separate indemnification agreements in non-recourse financings.