Trade Debt definition

Trade Debt means, for any accounting period, accounts payable accrued during such period for the deferred purchase price of property or services (but excluding Film Expense) to the extent such payables and obligations are not overdue by more than 6 months.

Examples of Trade Debt in a sentence

  • Status Ministers at the 2001 Doha Ministerial Conference established the mandate for the Working Group on Trade, Debt, and Finance (WGTDF).

  • Ministers at the 2001 Doha Ministerial Conference established the mandate for the Working Group on Trade, Debt, and Finance (WGTDF).

  • If the Seller receives any payment from any Trade Debtor - Seller Group in respect of any Trade Debt after the C&P Completion Date, MGL must account to the Buyer for the amount received within 5 Business Days after its receipt.

  • ACO I agreed to reduce a part of the outstanding Trade Debt (i.e. a haircut) by waiver of the 1st Interest Portion of USD 95,377,980, or equivalent to THB 3,291,419,906.937.

  • Under the debt restructuring plan of the Company, as well as the Allocation and Offering of the Newly Issued Ordinary Shares of the Company under the Debt to Equity Conversion Scheme, the Company will be able to clear a total debt of USD 219,277,709 (divided into the Net Trade Debt to be converted into equity of USD 123,899,729 and the 1st Interest Portion to be waived of USD 95,377,980), or equivalent to THB 7,567,103,188.26.


More Definitions of Trade Debt

Trade Debt means Indebtedness for goods sold and services rendered by Access to Strategic, as well as Indebtedness for goods sold and services rendered by third parties to Strategic for which Access invoices and collects from Strategic.
Trade Debt means, at any time, the outstanding trade debt then owing to the Trade Creditor by the Loan Parties arising out of the Loan Parties’ purchases of Branded Inventory on open account.
Trade Debt means all unsecured debt of the Corporation incurred in connection with the purchase of goods or services in the ordinary course of business;
Trade Debt has the meaning assigned to such term in Section 7.13(2)(e).
Trade Debt means all amounts owing to trade creditors (other than the Sellers and any connected person) by the Companies in connection with goods or services supplied to the Companies in connection with the Business;