Trade Payments definition

Trade Payments has the meaning ascribed to it in Section -------------- ------- 1.01(a)(xii). ------------
Trade Payments means any payment (i) made by Borrower to Subordinate Trade Creditor in the ordinary course of Borrower purchasing inventory and services related thereto including return of product by Borrower to Subordinate Trade Creditor for credit; (ii) The Trade Creditor Settlement Payment;

Examples of Trade Payments in a sentence

  • After all Specified Cubic Louisiana Trade Payments have been distributed to Eligible Cubic Louisiana Trade Holders, the undistributed amount remaining in the Cubic Louisiana Trade Account, if any, shall become the sole and exclusive property of the Holders of ▇▇▇▇▇ Fargo Claims.

  • Specific ACH products predominately offered by the bank include: Direct Deposit Payroll, Pre- authorized Payments and Deposits, Cash Concentration, and Corporate Trade Payments.

  • After all Specified Cubic Asset Trade Payments have been distributed to Eligible Cubic Asset Trade Holders, the undistributed amount remaining in the Cubic Asset Trade Account, if any, shall become the sole and exclusive property of the Holders of Reorganized Cubic Energy Membership Interests.