Payables definition

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

Payables are stated at cost which is the fair value of the consideration to be paid in the future for goods and services received.
Payables are recognised initially at fair value, usually based on the transaction cost or face value.
Payables include liabilities and accrued expenses owing by the Fund which are unpaid as at the end of the reporting period.
Payables are recognised when there is a contractual obligation to deliver cash or another financial asset to another entity.
Payables include liabilities, amounts due to brokers and accrued expenses owing by the Fund which are unpaid as at the end of the reporting period.

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 money that the province should have paid to their creditors but the province could not pay before the end of the financial year;

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 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, as of a particular date, the amounts owed by the Company (i) in the ordinary course of business to third-party vendors which relate to the normal business activity of the Company, (ii) for obligations to employees and directors in the ordinary course of business, (iii) for taxes due and (iv) for Allowed Administrative Claims (as defined in the Reorganization Plan) in the Bankruptcy Case.

Payables has the meaning set forth in Section 2.4(a)(i).