Net Accounts Payable definition

Net Accounts Payable means, for each Contracting Party, as applicable, an amount equal to the sum of Current Month Accounts Net Payable and Previous Months Accounts Net Payable, each as calculated hereunder;
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Net Accounts Payable means the aggregate amount of the Accounts Payable, less the amount of any Accounts Payable erroneously billed or overbilled.
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Net Accounts Payable means, as of any date of determination, an amount equal to (x) the aggregate amount of all accounts payable due and owing by Borrower and its Affiliates minus (y) Borrower’s Consolidated Unencumbered Liquid Assets minus (z) so long as no “Default” or “Event of Default” has occurred and is continuing, the amount of any “Availability” pursuant to that certain Credit and Security Agreement, dated as of April 20, 2016, by and among the Loan Parties and SCM Specialty Finance Opportunities Fund, L.P. (as each such capitalized term used in this clause (z) is defined in such Credit and Security Agreement).
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Examples of Net Accounts Payable in a sentence

  • A/P = Net Accounts Payable Trade & Unvouchered balance at month-end.

  • Subsequently, the existence of sufficient margin for the sample municipalities to meet the MSIP loan repayment obligation was assessed by deducting the obligation from the financing envelope (Operating Surplus – Net Accounts Payable).

  • Asset Cycle SustainabilityRatio of Total Financial Assets less Net Accounts Pay-able less Total Accrued Employee Entitlements less Snow Drought Fund to Total Accumulated Depreciation of all Assets0.220.19E5.

  • Liabilities subject to compromise under Chapter 11 include the following: ($000s) ------- Accounts Payable - Trade $ 5,281 Net Accounts Payable - Intercompany 32,673 ------- TOTAL $37,954 ======= - Holdings included $437,716,000 as a part of the intercompany liability to L&H NV subject to compromise in their December MOR.

  • These effective and convenient contraceptive methods resulted in widespread changes in birth, fertility and demography in the United States.

  • Liabilities subject to compromise under Chapter 11 include the following: ($000s) ------- Accounts Payable - Trade $ 5,178 Other Current Liabilities 11,958 Net Accounts Payable - Intercompany (*) 459,636 --------- TOTAL $ 476,772 ========= * Includes the value of L&H NV stock issued by L&H NV on behalf of Holdings in connection with Holdings' acquisition of Dragon Systems, Inc.

  • Liabilities subject to compromise under Chapter 11 include the following: ($000s) ----------- Accounts Payable - Trade $ 5,280 Net Accounts Payable - Intercompany 32,719 ----------- TOTAL $ 37,999 =========== - As stated in the January MOR, Holdings included $437,716,000 as a part of the intercompany liability to L&H NV subject to compromise in their December MOR.


More Definitions of Net Accounts Payable

Net Accounts Payable means, as of any date of determination, an amount equal to (x) the aggregate amount of all accounts payable due and owing by Borrower and its Affiliates minus (y) Borrower’s Consolidated Unencumbered Liquid Assets minus (z) so long as no Default or Event of Default has occurred and is continuing, the amount of any Availability.
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Related to Net Accounts Payable

  • Accounts Receivable means in respect of any Person, (a) all trade accounts and notes receivable and other rights to payment from customers and all security for such accounts or rights to payment, including all trade accounts receivable representing amounts receivable in respect of goods shipped or products sold or otherwise disposed of or services rendered to customers, (b) all other accounts and notes receivable and all security for such accounts or notes, and (c) any claim, remedy or other right relating to any of the foregoing.

  • Current Liabilities are all obligations and liabilities of Borrower to Bank, plus, without duplication, the aggregate amount of Borrower’s Total Liabilities that mature within one (1) year.

  • Deferred Revenue is all amounts received or invoiced in advance of performance under contracts and not yet recognized as revenue.

  • Current Assets of any Person means all assets of such Person that would, in accordance with GAAP, be classified as current assets of a company conducting a business the same as or similar to that of such Person, after deducting adequate reserves in each case in which a reserve is proper in accordance with GAAP.

  • MREL Eligible Liabilities means “eligible liabilities” (or any equivalent or successor term) which are available to meet any MREL Requirement (however called or defined by then Applicable MREL Regulations) of the Issuer under Applicable MREL Regulations;

  • Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.