Non-Trade Receivables definition

Non-Trade Receivables means those receivables arising in connection with the operation of the Business other than from the sale of inventory (but excluding any receivables included in the Purchased Assets), including the categories of non-trade receivables listed in Section 2.2(r) of the Disclosure Schedule;
View Source
Non-Trade Receivables receivables arising other than from the provision of services by the Borrowers in the ordinary course of business."
View Source

Examples of Non-Trade Receivables in a sentence

  • The Closing Statement sets out the Working Capital, the Working Capital Adjustment, the Vaccines Group Companies’ Cash Balances, the Intra-Group Non-Trade Receivables, the Third Party Indebtedness, the Intra-Group Non-Trade Payables and the Tax Adjustment, in each case as prepared in accordance with the specific rules, principles, policies and practices set forth in this Part 2 of Schedule 16.

  • Any such payments due between the Seller and the Purchaser in relation to repayments of the Estimated Closing Date Intra-Group Non-Trade Payables and Estimated Closing Date Intra-Group Non-Trade Receivables pursuant to Sections 2.06(a) or 2.06(b), as applicable, or in relation to adjustments to those repayments pursuant to Section 2.06(c), respectively, may be netted against each other to produce a net sum.

  • Any Intra-Group Non-Trade Payables and Intra-Group Non-Trade Receivables shall be settled at or prior to Closing.

  • From April 30, 2023 to the date of this Agreement, the obligor, holder, outstanding balance and currency of all Intra-Group Non-Trade Payables, Intra-Group Non-Trade Receivables, Intra-Group Trading Balances and Holding Company Group Balances have not changed other than in the Ordinary Course of Business.

  • The Parties agree that the procedure set forth in this Section 2.07 for resolving disputes with respect to the Proposed Closing Statement shall be the exclusive method for resolving any disputes with respect to Closing Date Third Party Indebtedness, Closing Date Transferred Subsidiary Cash, Closing Date Intra-Group Non-Trade Receivables, Closing Date Intra-Group Non-Trade Payables and Closing Date Net Working Capital.

  • Each Closing Statement sets out the Working Capital, the Working Capital Adjustment, the Target Group Companies’ Cash Balances, the Intra-Group Non-Trade Receivables, the Third Party Indebtedness, the Intra-Group Non-Trade Payables, the Employee Benefits Adjustment and the Tax Adjustment for the relevant Seller, in each case, as prepared in accordance with the specific rules, principles, policies and practices set forth in this Part 2 of Schedule 12.