Payables definition

Payables as of any date shall mean any of the trade accounts payable associated with the Business as of such date in accordance with GAAP consistently applied.
Payables. Liabilities of a party arising from the borrowing of money or the incurring of obligations for services, merchandise or goods purchased.
Payables means all accounts payable to trade creditors to the extent primarily relating to or arising from the conduct or operations of the Business that are incurred in the Ordinary Course of Business, in each case to the extent such Payables remain unpaid as of the Closing.

Examples of Payables in a sentence

  • For purposes of determining whether a Submittal has been timely received in SAP Ariba, the City's Procurement and Payables Division will rely on the submittal clock in SAP Ariba.

  • Submittal packages must be received by the City’s Procurement and Payables Division in SAP Ariba (unless another form of delivery is stated), prior to the scheduled time and date stated in the Solicitation.

  • Supplier shall notify the City of Tacoma Procurement and Payables Division in writing of any ambiguity, conflict, discrepancy, omission or other error in a Solicitation no later than five business days prior to the submittal deadline.

  • For solicitations conducted in SAP Ariba, Supplier shall notify the City of Tacoma Procurement and Payables Division on the message board of the event.

  • Payables are stated at cost which is the fair value of the consideration to be paid in the future for goods and services received.


More Definitions of Payables

Payables means any and all accounts payable and other amounts payable to third parties, including customers and employees, arising from the conduct of the Business before the Closing, whether or not in the ordinary course.
Payables means all amounts (each a "Payable") owed, owing, incurred or payable by the Vendor as at the Completion Date in respect of the Business or the Assets, excluding all liabilities in relation to Taxation;
Payables as of any date shall mean any of the accounts payable associated with the Company as of such date in accordance with GAAP consistently applied, other than to an affiliate of the Company.
Payables means any and all accounts payable arising from the conduct of the Business, whether or not in the ordinary course.
Payables means all accounts payable of the Company, other than accounts payable that constitute Transaction Costs or Closing Indebtedness.
Payables means any liability which may have cash consequences to the Surviving Corporation or Acquiror, appearing on the Closing Balance Sheet other than (A) the unamortized balance from the adMonitor sale proceeds, (B) accrued vacation for employees that Acquiror is retaining following the Effective Time, (C) the note payable to Novus List Marketing, LLC (not to exceed $750,000) and (D) any liabilities relating to the matters set forth in Section 5.17 that are paid in cash between the date hereof and the Closing and (ii) "Assets" shall mean any asset appearing on the Closing Balance Sheet other than cash and cash equivalents, restricted cash, real estate security deposits, fixed assets, capital leases and goodwill.
Payables means (a) Trade Payables and all other accounts payable of the Company and the Company Subsidiaries and (b) all other current liabilities including salaries, wages and bonus, taxes payable and other accrued liabilities, in each case (i) incurred in the ordinary course of business and in accordance with past practices, (ii) calculated in accordance with GAAP consistently applied with the principles applied in the preparation of the Company Balance Sheet, (iii) including the accrued royalties, and any amounts necessary to cover fees and/or penalties reasonably expected to be incurred in connection with the payment of any such accrued royalties, under the license agreements listed in Part A.1.2(b) of the Disclosure Schedule, (iv) excluding the Accrued Royalty Amount and (v) excluding the Segregated Funds.