GC Payables definition
GC Payables means the amounts owed by the Seller and the Acquired Subsidiaries to Global Crossing Entities prior to the Chapter 11 Case.
Examples of GC Payables in a sentence
If following such negotiations the GC Payables due by the Acquired Subsidiaries have not been reduced to zero, the Seller and the Purchaser shall negotiate in good faith an alternate arrangement to achieve this result.