Stretched Payable definition
Stretched Payable means any accounts payable that remains unpaid ninety (90) calendar days or more after the invoice due date, but not including any outstanding amounts due among the Group Companies.
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Related to Stretched Payable
Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.
Required Payments means each of the items described in (i) through (xii) of Section 3.4 of the Indenture.
Permitted Payments has the meaning specified in Section 7.06(b).
Deferred Payments means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.
Scheduled Payments has the meaning specified in the Note Policy.