Intercompany Receivable definition

Intercompany Receivable means the affiliate receivable balance that has been recorded and adjusted over time and held by DH from Dynegy, and which has historically been classified within equity by DH, as described in Note 15 of DH’s consolidated financial statements for the period from November 8, 2011 through December 31, 2011 included in Dynegy’s Annual Report on Form 10-K filed with the Securities & Exchange Commission on March 8, 2012.

Intercompany Receivable means the receivable on the balance sheet between Seller and the Company under the item entitled “Accounts receivable – Intercompany.”

Intercompany Receivable means the receivable evidencing the debt owed from Western to Westar, as such amount shall be adjusted from time to time pursuant to Section 3.02(a)(ii) of the Merger Agreement.

Examples of Intercompany Receivable in a sentence

• Receivables and payables among the Debtors in these cases (each an "Intercompany Receivable" or "Intercompany Payable" and, collectively, the "Intercompany Claims") are reported on Schedule B(16) and Schedule F, respectively, as a net receivable or payable due to or from the applicable Debtor to or from the other Debtors.

• To the extent a Debtor has an Intercompany Receivable, it is reported on Schedule B16 as an asset of such Debtor.

• On October 13, 2004, Omega paid a cash dividend of $1,260,000 to these new shareholders which was charged against Common Stock Subject to Put Obligation for accounting purposes and a proportionate intercompany dividend to Mestek of $7,740,000 which reduced the Company’s Intercompany Receivable from Mestek by this amount.

• If after delivery by Westar of a Purchase Notice notifying Western of Westar's election to purchase Convertible Preference Stock conversion of all or part of the Intercompany Receivable, a regulatory authority of competent jurisdiction prohibits Western from issuing Convertible Preference Stock, or any such regulatory authority conditions its approval on a change in the terms of such security, Westar may revoke its Purchase Notice with respect to such Convertible Preference Stock.

• To the extent that a Debtor has an Intercompany Receivable, it is reported on Schedule B as an asset of such Debtor.

More Definitions of Intercompany Receivable

Intercompany Receivable means any right to payment held by a Credit Party for goods sold or leased or for services rendered or loans or funds advanced to any of Borrower’s Subsidiaries, whether or not such right is evidenced by an Instrument or Chattel Paper and whether or not it has been earned by performance.

Intercompany Receivable means a Receivable the Obligor of which is an Affiliate of the Borrower or any Originator.

Intercompany Receivable means any account receivable, loan, note, balance, advance, payable, obligation in respect of a derivative or other amount owed to the Company or any Transferred Subsidiary by the Parent or any Affiliate of the Parent (other than 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.

Intercompany Receivable any right to payment held by a Grantor for goods sold or leased or for services rendered or loans or funds advanced to the Company or any of its Subsidiaries (but, in the case such right to payment is owing by an Unrestricted Subsidiary, only if it arises out of the sale of solar modules), whether or not such right is evidenced by an Instrument or Chattel Paper and whether or not it has been earned by performance.

Intercompany Receivable means an account receivable of the Company or a Company Subsidiary owing and payable from 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 Receivable shall have the meaning set forth in Section 4.1(j) hereof.

Intercompany Receivable means any receivables of a Project Company against any Related Party.