Prepaid Expenses and Deposits definition

Prepaid Expenses and Deposits means the unused portion of amounts prepaid by or on behalf of Seller relating to the Business or the Purchased Assets, but excluding income or other Taxes which are personal to Seller.

Prepaid Expenses and Deposits means those expenses and deposits listed on Schedule 1.01E.

Prepaid Expenses and Deposits means the unused portion of amounts prepaid by or on behalf of the Vendor relating exclusively to the Businesses, the Publications or the Purchased Assets, including Taxes, assessments, rates and charges, utilities, rents, tenant allowances common area payments, and, to the extent transferable, deposits with any public utility or any Governmental Authority, but excluding prepaid insurance premiums, income or other Taxes which are personal to the Vendor and amounts paid in respect of any Excluded Assets and any Benefit Plans;

Examples of Prepaid Expenses and Deposits in a sentence

• The balance of $525,000 is being held in escrow and is included in Prepaid Expenses and Deposits in the accompanying balance sheet (Form OPR-1).

• Prepaid Expenses and Deposits Prepaid expenses consist of the following at November 30, 2022, and August 31, 2022: November 30, 2022August 31, 2022 $$Advertising & conferences74,656359,863Legal fees25,00025,000License, filing fees, dues3,75015,000Office & insurance60,90180,863Capital financing 96,035 96,035 260,342 576,76111.

• Such Schedules include a new Schedule 3.5 - Used Vehicles, and a new Schedule 5.5 - Prepaid Expenses and Deposits.

• Inventory$ 653,902- Major Components are Targets, Ammo, & Guns.8. Prepaid Expenses and Deposits$ 84,051- Consists primarily of Prepaid Insurance Premiums.Total Other Current Assets$ 737,953 Total Current Assets Fixed Assets$ 5,281,655 9.

• For the purposes of this Agreement, including the calculation of the Working Capital Adjustment, the value of the Inventories and Prepaid Expenses and Deposits shall be the lower of cost or net realizable value thereof as set out in the Books and Records; provided that the Inventories shall exclude any impaired or obsolete Inventories.

More Definitions of Prepaid Expenses and Deposits

Prepaid Expenses and Deposits means all deposits with any public utility or Governmental Authority and all amounts prepaid in connection with the Business or the Purchased Assets, including Taxes, rents and telephone, but excluding income or other taxes which are personal to the Vendor, other than any such prepaid amounts or deposits which directly relate to Excluded Assets;

Prepaid Expenses and Deposits means expenses of Vendor which have been paid in advance of the date on which the related goods or services are to be delivered or performed;

Prepaid Expenses and Deposits means all prepaid expenses and deposits of the Vendor.

Prepaid Expenses and Deposits has the meaning ascribed thereto in Section 2.1(h)(C);

Prepaid Expenses and Deposits means the unused portion of amounts prepaid by or on behalf of any of the Comark Entities to any Person relating to the Business or the Retained Assets including Taxes, assessments, rates and charges, utilities, rents, deposits with any public utility or any Governmental Authority or any supplier as well as the cash float in each Store as at the Closing Time;

Prepaid Expenses and Deposits means (a) the unused portion of amounts prepaid by or on behalf of the Vendor with respect to any Assigned Contracts acquired by the Purchaser at the Closing (including Real Property Leases for the Acquired Locations), and (b) the prepaid inventory and prepaid taxes of the kind and nature (and in the amounts) set forth on Schedule l.l(g) acquired by the Purchaser at the Closing;

Prepaid Expenses and Deposits means all security deposits, advances, credits and expenses that are prepaid by Seller and that are used or held for use in, or that arise out of, the operation or conduct of the Business, in each case determined in accordance with GAAP.