Intercompany Payable definition

Intercompany Payable means the net liabilities between any Acquired Company, on the one hand, and Seller or any of its Affiliates (other than the Acquired Companies), on the other hand, set forth on Schedule 2.2 hereof, including without limitation, all amounts owed by the Acquired Companies under that certain Tax Allocation Agreement, dated as of March 15, 2000, between Technical Olympic, Seller and the wholly-owned subsidiaries and affiliates of Seller, for the taxable years commencing on and after December 15, 1999, provided that amounts owed under such Agreement shall not include any payment for Taxes for periods prior to January 1, 2002, to the extent that such Taxes are not shown as a liability on the 2001 Balance Sheet.
Intercompany Payable means any Liability, other than the Service Fees, owed by the Borrower to any of its Affiliates;
Intercompany Payable means any account payable, loan, note, balance, advance, payable, obligation in respect of a derivative or other amount owed to the Parent or any Affiliate of the Parent (other than the Company or any Transferred Subsidiary) by the Company or any Transferred Subsidiary (i) that is required to be settled, discharged, offset, paid, repaid in full, terminated, commuted or extinguished pursuant to Section 6.08(a) or Section 6.08(c), or (ii) that was reflected on the Reference Balance Sheet and has been settled, discharged, offset, paid, repaid in full, terminated, commuted or extinguished prior to the date hereof.

More Definitions of Intercompany Payable

Intercompany Payable means a loan or payable of the Company or a Company Subsidiary to either Seller or an Affiliate of Seller (other than the Company or a Company Subsidiary) or Buyer or an Affiliate of Buyer (other than the Company or a Company Subsidiary).
Intercompany Payable means any payable owed to Parent or any subsidiary of Parent for acrylonitrile or any other product or service purchased by or provided to the Business in the ordinary course of business.
Intercompany Payable means any payables or Liabilities owing by a Project Company to any Related Party.
Intercompany Payable means all accounts payable, including amounts accrued, by the Partnership to the Vendor or any Affiliate of the Vendor including any amount owing under any promissory notes granted by the Partnership in favor of the Vendor or any Affiliate of the Vendor, if any, excluding all amounts payable by the Partnership to NEXEN including all amounts accrued;
Intercompany Payable means an amount owed by a Transferring Company to any of the Sellers or any member of the Sellers’ Group (other than the Transferring Companies).
Intercompany Payable shall have the meaning given such term in Section 1.2(e) hereof.
Intercompany Payable has the meaning set forth in Recital V hereof.