THE DEBTS definition

THE DEBTS means the aggregate amount due or owing at the Completion Accounts Date from trade debtors where such amounts have been invoiced by the Vendor as shown in the Completion Accounts less the Bad Debt Reserve;
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THE DEBTS means the debts due to the Company from the persons listed in the agreed form marked 12 as set against those persons name in the said agreed form;
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THE DEBTS or all trade debts in respect "Debtors" of goods or services invoiced or despatched by the Vendor or CAL in respect of the Business prior to the Effective Time, all other debts or receivables owing to the Vendor or CAL at the Effective Time in respect of all non-trading transactions of the Business, and all accrued trade and sundry prepayments, payments in advance and accrued repayments accruing to the Vendor in respect of the Business at the Effective Time, always excluding the Swedish Debts; "the Deferred the deferred consideration Consideration" to be calculated and paid by the Purchaser pursuant to Clause 4; "Deferred Years" the following four years(i) the year commencing on the Completion Date and ending on 31 December 1998 (inclusive), (ii) the year commencing on 1 January 1999 and ending on 31 December 1999 (inclusive) (iii) the year commencing on 1 January 2000 and ending on 31 December 2000 (inclusive), and (iv) the year commencing on 1 January 2001 and ending on 31 December 2001 (inclusive), and "Deferred Year" shall be interpreted accordingly. "the Disclosure the letter in Agreed Form Letter" from the Vendor to the Purchaser on the date of this Agreement, including without limitation any document attached thereto or specified therein as being deemed to be incorporated therein;
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Examples of THE DEBTS in a sentence

  • EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, THE BUYER DOES NOT ASSUME AND SHALL NOT BE LIABLE FOR ANY OF THE DEBTS, OBLIGATIONS OR LIABILITIES OF THE SELLER, THE BUSINESS OR ANY AFFILIATE OF THE SELLER, WHENEVER ARISING AND OF WHATEVER TYPE OR NATURE.

  • IF THE COMPANY PROPERTY REMAINING AFTER THE PAYMENT OR DISCHARGE OF THE DEBTS AND LIABILITIES OF THE COMPANY IS NOT SUFFICIENT TO RETURN THE INVESTMENT OF EACH SHAREHOLDER, SUCH SHAREHOLDER SHALL HAVE NO RECOURSE AGAINST ANY OTHER SHAREHOLDER, OFFICER OR DIRECTOR.

  • AS SUCH, THE PARTIES AGREE THAT NONE OF THE THIRD PARTY BENEFICIARIES IS AN ALTER-EGO OF ANY OTHER PARTY (OR ANY AFFILIATE THEREOF) OR IN ANY MANNER IS OR SHALL BE VICARIOUSLY, DERIVATIVELY OR OTHERWISE LIABLE FOR THE DEBTS, LIABILITIES OR OBLIGATIONS OF ANY PARTY OR ANY AFFILIATE THEREOF (COLLECTIVELY, “DERIVATIVE CLAIMS”).

  • EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, BUYER DOES NOT ASSUME AND SHALL NOT BE LIABLE FOR ANY OF THE DEBTS, OBLIGATIONS OR LIABILITIES OF SELLER, SELLER’S BUSINESS, ANY SHAREHOLDER OR ANY AFFILIATE OF SELLER, WHENEVER ARISING AND OF WHATEVER TYPE OR NATURE.

  • THE MAKER AGREES THAT THIS WRITTEN NOTE REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES CONCERNING THE DEBTS DESCRIBED, AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES.

  • EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, ALLINA DOES NOT ASSUME AND SHALL NOT BE LIABLE FOR ANY OF THE DEBTS, OBLIGATIONS, OR LIABILITIES OF City, OR ANY AFFILIATE OF CITY, WHENEVER ARISING AND OF WHATEVER TYPE OR NATURE.

  • EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, BUYER DOES NOT ASSUME AND SHALL NOT BE LIABLE FOR ANY OF THE DEBTS, OBLIGATIONS OR LIABILITIES OF SELLER, SELLER'S BUSINESS, ANY STOCKHOLDER OR ANY AFFILIATE OF SELLER, WHENEVER ARISING AND OF WHATEVER TYPE OR NATURE.

  • PARTY A AUTHORIZES PARTY B TO DEDUCT FROM ALL ITS ACCOUNTS OPENED AT THE INDUSTRIAL AND COMMERCIAL BANK OF CHINA AND ALL ITS BRANCHES TO REPAY THE DEBTS UNDER THIS CONTRACT.

  • IF ANY STATE LAW DOES NOT PERMIT THE REPAYMENT OF ANY OF THE DEBTS LISTED BELOW INTHE MANNER SET FORTH, THE PROVISIONS OF THIS SECTION RELATING TO THOSE DEBTS SHALLNOTAPPLYINTHOSESTATES.

  • IN NO EVENT AND UNDER NO CIRCUMSTANCE SHALL THE GUARANTOR'S LIABILITY HEREUNDER OR OTHERWISE FOR THE DEBTS AND OBLIGATIONS OF THE BORROWER UNDER THE NOTE, IF ANY, EXCEED THE SUM OF ONE MILLION THREE HUNDRED THOUSAND DOLLARS ($1,323,340.14).