Define: Capital Creditors

How is Capital Creditors defined in a legal contract?

• Capital Creditors means obligations and accumulations for work performed concerning capital expenditure projects to the extent unfulfilled before [closing]. The proof of such work includes invoices, validated work evidence, surveyor reports, licenses, and contractor and staff labor hours, or additional substantial evidence of acquisition, replacement, repair, refurbishment, enhancement, or expansion. Seen in 2 SEC filings
• Capital Creditors means obligations and accumulations for work performed in connection with capital expenditure projects and capital spend to the extent that they have not been paid prior to [closing]. Seen in 1 SEC filing
• Capital Creditors means any debt or accrued expenses for work done in relation to projects undertaken by [organization] to the extent that they relate to the purchase, replacement, repair, refurbishment, improvement of, or addition to, any tangible assets owned or leased by that [organization]. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of capital creditors' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Capital Creditors means unpaid debts linked to work performed on capital expenditure projects before [closing].

Relevant Contract Types

• Asset Purchase Agreements
• Acquisition Agreements
• Project Finance Agreements

Relevant Circumstances

• Undertaking capital expenditure projects
• Financial restructuring
• Assets or company acquisitions

Relevant Sectors

• Construction
• Technology
• Energy

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Genie Definition 2

Capital Creditors means outstanding accumulations connected with tangible assets projects undertaken by [organization].

Relevant Contract Types

• Construction Contracts
• Supply Agreements
• Service Level Agreements

Relevant Circumstances

• Engaging in large-scale construction or manufacturing projects
• Commissioning work related to the repair or refurbishment of assets

Relevant Sectors

• Real Estate
• Manufacturing
• Industrial Services

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