Accounts Payable and Accrued Expenses Sample Clauses

Accounts Payable and Accrued Expenses. All accounts payable and accrued expenses reflected on the Financial Statements arose from bona fide transactions in the ordinary course of business.

Accounts Payable and Accrued Expenses. DECEMBER 31 ---------------------- 2001 2000 -------- -------- Trade payables $ 18,875 $ 14,926 Accounts payable and accrued expenses 17,640 16,357 Payable for securities 7,946 6,921 Other 1,781 - -------- -------- $ 46,242 $ 38,204 ======== ========

Accounts Payable and Accrued Expenses. 21 Section 2.29 Accounts Receivable........................................21 Section 2.30 Solvency...................................................22 Section 2.31 Investment Company Act.....................................22 Section 2.32 Securities Exchange Act Reports............................22 Section 2.33 Securities Exemption.......................................23 Section 2.34 Customers and Suppliers....................................23 Section 2.35 Rights Plan................................................23 Section 2.36

Accounts Payable and Accrued Expenses. Accounts payable and accrued expenses consist of the following at December 31: 1999 ---- 1998 ---- Accounts payable......................................... $112,233 $ 7,439 Liability for pending transfer of cable system........... 88,200 -- Accrued interest......................................... 85,870 30,809 Programming costs........................................ 72,245 11,856 Capital expenditures..................................... 66,713 15,560 Franchise fees........................................... 46,524 12,534 Accrued general and administrative....................... 39,648 6,688 Accrued income taxes..................................... 4,188 15,205 Other accrued liabilities................................ 191,154 -------- $706,775 ======== 27,495 -------- $127,586 ======== The liability for pending transfer of cable system represents the fair value of a cable system to be transferred upon obtaining necessary regulatory approvals in connection with the transaction with InterMedia Capital Partners IV L. P., InterMedia Partners and their affiliates. Such approvals were subsequently obtained and the system assets were transferred in March 2000. 92

Accounts Payable and Accrued Expenses. Item 4.31 of the RHG Disclosure Letter sets forth a true and complete list of all of RHG’s accounts payable and accrued expenses outstanding as of February 25, 2007 including the name of the creditor and the amount due. Each of the accounts payable and accrued expense of RHG set forth on Item 4.31 of the RHG Disclosure Letter reflects bona fide indebtedness of RHG incurred in the ordinary course of RHG’s operation of its business consistent with past practices.

Accounts Payable and Accrued Expenses. All accounts payable, accruable expenses, and notes payable by the Company to third parties as of the Closing arose in the ordinary course of business, and as of the Closing there is no account payable, accrued expense, or note payable past due or delinquent in its payment.

Accounts Payable and Accrued Expenses. AFFILIATES The majority of this figure represents inter company transactions due between companies or associates controlled by the ▇▇▇▇▇▇ Group of Companies ("BGC"). It is the company's belief that a substantial proportion of the $895,676 will be written off following re-engagement with the auditors. CONVERSION OF LOAN NOTES TO EQUITY Of the $3,515,351 "Notes payable - affiliates" shown in Appendix B1, the holders of these loan notes being ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇ have agreed to convert the outstanding principal and accrued interest to equity as part of the proposed Series D preferred round (it being recognised that far blue soon to be a trading name of Tower Gate Finance Limited Registered in England Number 03924137 Regulated by the FSA TOWERGATE this round may be superseded by the increase in the authorised share capital to 200M shares). As of the 18th September 2003 the total value of the Notes payable was $3,576,980.32 following the format of Appendix Bl. These changes have been agreed and these agreements are shown in Attachment 3. The result of these changes will be: o Removal of the Notes payable figure from the balance sheet. As of 18th September this amount would be $3,536,980.32. o Repayment of $30,000 to ▇▇▇▇▇ Broadcasting Corporation (such repayment taking place at the time of the $2M raise). o Repayment of $10,000 to ▇▇▇▇▇ ▇▇▇▇▇▇ (such repayment taking place at the time of the $2M raise). CURRENT PORTION OF LONG TERM DEBT The amount of $238,073 will be converted on the same terms as detailed earlier for the loan notes. The net result will be the reduction of the figure to $0. far blue soon to be a trading name of Tower Gate Finance Limited Registered in England Number 03924137 Regulated by the FSA APPENDIX B3: PRO FORMA BALANCE SHEET AS AT 31st AUGUST 2003 As taken from Telemetrix's MIS: PRO FORMA BALANCE SHEET As at 31st August 2003 Current assets Accounts receivable $70,669 Other current assets $3,983 $74,652 Property and equipment, NBV $133,591 Construction in progress $1,114,901 Patents, net $34,659 T -3000 capitalised $288,193 $1,571,344 Other assets Deposits $2,923 Licences $289,185 Receivable from affiliates $12,751 $304,859 ---------- $1,950,855 ========== Liabilities and stockholders defecit Accounts payable $1,985,424 Accrued expenses $223,939 A/c payable & accrued expenses - affiliates $397,274 Convertible deben1ure $1,200,000 Notes payable affiliate $7,563,704 Current portion of long term debt $23...

Accounts Payable and Accrued Expenses. Any of any Seller’s accounts payable and accrued expenses existing on the Closing Date.

Accounts Payable and Accrued Expenses. Seller has delivered to Buyer a listing of all Accounts Payable and Accrued Expenses as of the date of the Recent Financial Statements, which listing is true, correct and complete in all Material respects.