Intercompany Transfers definition

Intercompany Transfers has the meaning assigned to such term in the definition of the “Transactions.”
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Intercompany Transfers means any settlement of accounts payable and accounts receivable, (a) by any Company Entity, on the one hand, to any Seller or any of its Affiliates (other than any Company Entity), on the other hand, or (b) by any Seller or any of its Affiliates (other than any Company Entity), on the one hand, to any Company Entity, on the other hand.
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Intercompany Transfers means, for purposes of calculating cash and cash equivalents, distributions of cash and cash equivalents to or from Target which are to or from Target's Affiliates during the period from January 1, 2006 through February 28, 2006.
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Examples of Intercompany Transfers in a sentence

  • Intercompany Transfers of a de minimis nature are made in the ordinary course of the Debtors’ business.

  • Income Taxes (Topic 740): Accounting for Income Taxes on Intercompany Transfers: In October 2016, the FASB issued ASU 2016-16, which requires entities to recognize the income tax consequences of intercompany asset transfers in the period in which the transfer occurs, with the exception of inventory transfer.

  • As described above, most of the Intercompany Transfers are from Concentration Accounts held by Corinthian to payroll accounts held by other Debtors or from the Deposit Accounts held by Debtors other than Corinthian to Concentration Accounts held by Corinthian.

  • Except with respect to the Intercompany Transfers, nothing herein nor any actions taken hereunder shall create, nor is intended to create, any rights in favor of, or enhance the status of any claim held by, any person.

  • The protestors attacked the teachers with sticks and stopped their programme.

  • If the Intercompany Transfers were to be discontinued, the Cash Management System and the Debtors’ operations could be unnecessarily disrupted to the detriment of the Debtors and their creditors and other stakeholders.

  • For the avoidance of doubt, the Debtors are not requesting authorization to continue Intercompany Transfers between the Debtors and non-debtor affiliates, except to continue the Debtors’ annual pass-through payment to HCM Resources PtyLtd.

  • Following consideration of the Motion of the Debtors for Entry of Interim and Final Orders (I) Authorizing the Continued Use of the Debtors; Cash Management System; (II) Authorizing Continued Intercompany Transfers Among Debtors, and (III) Granting Related Relief [Docket No. 14], the Bankruptcy Court entered interim and final Orders [Docket Nos.

  • The RBC CAD Account is funded through payments from Canadian customers and Intercompany Transfers from the RBC USD Account.

  • Intercompany Transfers of Partnership Interests Treated as Dispositions; Single-Entity Treatment; Application of § 1.1502–13Commenters posed various questions and comments about the treatment ofintercompany transfers of partnership interests as dispositions for purposes of section 163(j).


More Definitions of Intercompany Transfers

Intercompany Transfers shall have the meaning assigned to such term in Section 6.02(a).
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Intercompany Transfers has the meaning set forth in Section 6.11(a).
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Related to Intercompany Transfers

  • Deferred Intercompany Transaction has the meaning set forth in Treas. Reg. Section 1.1502-13.

  • Permitted Intercompany Investments means Investments made by (a) a Loan Party to or in another Loan Party, (b) a Subsidiary that is not a Loan Party to or in another Subsidiary that is not a Loan Party and (c) a Subsidiary that is not a Loan Party to or in a Loan Party, so long as, in the case of a loan or advance made pursuant to this clause (c), the parties thereto are party to the Intercompany Subordination Agreement.

  • Company Transaction means the consummation of

  • Permitted Transfers has the meaning set forth in Section 4.2.17(d).

  • Intercompany Interests means an Interest in a Debtor held by another Debtor and, for the avoidance of doubt, excludes the Existing Equity Interests.

  • Intercompany Interest means an Interest in a Debtor held by another Debtor.

  • Subsidiary Interests means, collectively, the issued and outstanding shares of stock of the Subsidiary Debtors as of the Petition Date and any options, warrants or other contractual rights to acquire any shares of stock of the Subsidiary Debtors as of the Petition Date.

  • Holding Company Transaction means the occurrence of (a) any transaction (including, without limitation, any acquisition, merger or consolidation) the result of which is that a “person” or “group” within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended, (i) becomes the direct or indirect ultimate “beneficial owner,” as defined in Rule 13d-3 under that Act, of common equity of the Issuer representing more than 50% of the voting power of the outstanding Common Stock or (ii) is otherwise required to consolidate the Issuer for purposes of generally accepted accounting principles in the United States, or (b) any consolidation or merger of the Issuer or similar transaction or any sale, lease or other transfer in one transaction or a series of related transactions of all or substantially all of the consolidated assets of the Issuer and its subsidiaries, taken as a whole, to any Person other than one of the Issuer’s subsidiaries; provided that, in the case of either clause (a) or (b), the Issuer or the Acquiror is or becomes a Bank Holding Company or Savings and Loan Holding Company.

  • Permitted Asset Sale means any Asset Sale that is permitted under Section 6.8.

  • Intercompany Loans shall have the meaning provided in Section 10.05(h).

  • Permitted Intercompany Advances means loans made by (a) a Loan Party to another Loan Party, (b) a Subsidiary of a Borrower that is not a Loan Party to another Subsidiary of a Borrower that is not a Loan Party and (c) a Subsidiary of a Borrower that is not a Loan Party to a Loan Party, so long as the parties thereto are party to the Intercompany Subordination Agreement.

  • Subsidiary Stock means, with respect to any Person, the stock (or any options or warrants to purchase stock or other Securities exchangeable for or convertible into stock) of any Subsidiary of such Person.

  • Global Intercompany Note means the global intercompany note substantially in the form of Exhibit G hereto.

  • Permitted Affiliate Transactions means the following:

  • Capital Stock Sale Proceeds means the aggregate cash proceeds received by the Company from the issuance or sale (other than to a Subsidiary of the Company or an employee stock ownership plan or trust established by the Company or any such Subsidiary for the benefit of their employees) by the Company of its Capital Stock (other than Disqualified Stock) after the Issue Date, net of attorneys’ fees, accountants’ fees, underwriters’ or placement agents’ fees, discounts or commissions and brokerage, consultant and other fees actually incurred in connection with such issuance or sale and net of taxes paid or payable as a result thereof.

  • Dispositions has the meaning provided in Section 6.02.

  • Permitted Intercompany Activities means any transactions between or among the Borrower and its Restricted Subsidiaries that are entered into in the ordinary course of business of the Borrower and its Restricted Subsidiaries and, in the good faith judgment of the Borrower are necessary or advisable in connection with the ownership or operation of the business of the Borrower and its Restricted Subsidiaries, including, but not limited to, (i) payroll, cash management, purchasing, insurance and hedging arrangements and (ii) management, technology and licensing arrangements.

  • Company Transaction Costs means all fees and expenses of the Company's investment banking, financial, legal, accounting and other advisers in connection with the Merger, this Agreement and the Ancillary Agreements, the negotiations related thereto, and the transactions contemplated hereby and thereby.

  • Transfers and “Transferred” have the correlative meanings.

  • Permitted Asset Swap means the concurrent purchase and sale or exchange of assets used or useful in a Similar Business or a combination of such assets and cash, Cash Equivalents between the Company or any of its Restricted Subsidiaries and another Person; provided that any cash or Cash Equivalents received in excess of the value of any cash or Cash Equivalents sold or exchanged must be applied in accordance with Section 3.5 hereof.

  • Asset Sale means any sale, issuance, conveyance, transfer, lease or other disposition (including, without limitation, by way of merger, consolidation or sale and leaseback transaction) (collectively, a “transfer”), directly or indirectly, in one or a series of related transactions, of:

  • 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.

  • Permitted Securitization Transaction Any financing transaction undertaken by the Seller or an Affiliate of the Seller that is secured, directly or indirectly, by the Collateral or any portion thereof or any interest therein, including any sale, lease, whole loan sale, asset securitization, secured loan or other transfer.

  • Intercompany Debt has the meaning specified in Section 7.02.

  • Intercompany Indebtedness means Indebtedness of Company or any of its Subsidiaries which is owing to Company or any of its Subsidiaries.

  • Intercompany Loan shall have the meaning provided in Section 8.05(g).