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

  • The Payables arose from bona fide transactions in the ordinary course of business and are not more than thirty (30) days past due.


More Definitions of Payables

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 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 has the meaning set forth in the recitals.
Payables means payment obligations or indebtedness of the Companies to trade creditors which are classified as accounts payable in accordance with GAAP.
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 all accounts payable, notes payable, contract payables and other payables which are obligations of the Company or the Subsidiary.