Intercompany Transactions definition
Examples of Intercompany Transactions in a sentence
In conducting a functional analysis, an assessment is made of the significant activities and responsibilities that are performed by the related parties relevant to the Intercompany Transactions under review, the tangible and intangible assets that are employed and the risks that are borne in undertaking the business activities.
Details with respect to the Debtors’ cash management system and bank accounts are also provided in the Cash Management Motion and the Final Order (I) Authorizing the Debtors to (A) Continue to Operate their Cash Management System and Maintain Existing bank Accounts,(B) Continue to Perform Intercompany Transactions, and (C) Maintain Existing Business Forms, and (II) Granting Related Relief [Docket No. 731].
Additional information regarding the Intercompany Claims and Intercompany Transactions is described in the Cash Management Motion.
The Debtors’ bank accounts are described in additional detail in the Motion to Authorize Debtors' Motion for Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Continue to Operate Their Cash Management System, (B) Honor Certain Prepetition Obligations Related Thereto,(C) Maintain Existing Business Forms, and (D) Perform Intercompany Transactions, and(II) Granting Related Relief (the “Cash Management Motion”) [Docket No. 9].
These relationships, payments, and/or funding of expenses are usually, but not always, reflected as intercompany receivables or payables, see Debtors’ Emergency Motion for Entry of Interim and Final Orders (A) Authorizing the Debtors to (I) Continue to Operate Their Cash Management System and Maintain Existing Bank Accounts,(II) Maintain Existing Books and Records, and (III) Continue to Perform Intercompany Transactions and (B) Granting Related Relief [Docket No. 93] (the “Cash Management Motion”).