Prepaid Items definition

Prepaid Items means all credits, cash reserves, prepaid expenses, advance payments, security deposits, escrows and other prepaid items of the Seller arising from the Included Business.
Prepaid Items shall have the meaning specified in Section 2.1.5.
Prepaid Items of a Person shall mean all prepaid items (such as insurance deposits, municipal or local tax payments or deposits, utility deposits and the like), deferred charges, reserve accounts and other security and similar deposits owned by that Person or in which that Person has any interest.

Examples of Prepaid Items in a sentence

  • Prepaid Items Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements.

  • Prepaid Items: Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both the government-wide and fund financial statements.

  • Inventories and Prepaid Items (Continued) Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements.

  • Inventories and Prepaid Items Inventories are valued at cost using the first-in/first-out (FIFO) method and consist of expendable supplies.

  • Inventory and Prepaid Items The inventories of the Town are valued at cost (first-in, first-out), which approximates market.


More Definitions of Prepaid Items

Prepaid Items means all of the prepaid expenses and deposits that relate to the Business.
Prepaid Items shall have the meaning set forth in Section 2.1(l).
Prepaid Items has the meaning set forth in Section 1.1(l).
Prepaid Items has the meaning set forth in Section 2.1(j).
Prepaid Items means all prepaid items, deposits and other similar assets of the Seller existing on the Closing Date which are specifically listed in the Asset Schedule.
Prepaid Items means all prepaid expenses relating to the Assets and Assumed Liabilities, including spare parts, prepaid Taxes (except prepaid federal, state or local income taxes or franchise taxes, if any) and all advances, credits and security, utility and other deposits, but excluding any pre-paid manufacturing expense of the Business.
Prepaid Items means those prepayments made by a Seller to Third Parties for rent, utilities and other items related to the Leases or any Contract.