Net Current Assets definition

Net Current Assets means the net difference between the total current assets and the total current liabilities at 30 June;
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Net Current Assets means for any date of determination the net current assets of such Person at such date of determination calculated as set forth on Exhibit H attached hereto.
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Net Current Assets means the amount of Current Assets included in the Purchased Assets minus the amount of Current Liabilities included in the Assumed Liabilities.
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Examples of Net Current Assets in a sentence

  • In case the Net Current Assets (as seen from the Balance Sheets) are negative, only the Banking references will be considered.

  • Otherwise the aggregate of the Net Current Assets and submitted Banking references will be considered for working out the Liquidity.

  • Bank overdrafts are shown as short term borrowings in current liabilities in Note 2 - Net Current Assets.

  • SUMMARY AND KEY ISSUES The following report includes a concise list of material variances and a Reconciliation of Net Current Assets at the end of the reporting month.

  • Ltd.), the buyer of Centaur Hotel Mumbai Airport, towards Net Current Assets which was disputed by the Company, as the Net Current Assets and other obligations of the buyer were to be settled in terms of the Agreement to Sell dated 18.4.2002.


More Definitions of Net Current Assets

Net Current Assets means Current Assets less Current Liabilities.
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Net Current Assets has the meaning set forth in Section 4.4.
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Net Current Assets means, for any Person as at any date of determination, the difference (which may be a negative number) between (i) the total assets of such Person that may properly be classified as current assets in conformity with GAAP, excluding Cash and Cash Equivalents, minus (ii) the total liabilities of such Person that may properly be classified as current liabilities in conformity with GAAP, excluding the current portion of long term debt.
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Net Current Assets means current assets determined in a manner consistent with GAAP, but excluding (i) cash and cash equivalents, (ii) current and deferred Taxes and (iii) any other Retained Assets.
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Net Current Assets means the aggregate value of all current assets minus the aggregate value of all current liabilities and provisions (in accordance with paragraph 89 of schedule 4 of the Companies Act 1985) all as shown in or derived from the Completion Accounts;
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Net Current Assets means the difference between the Current Assets minus the Current Liabilities.
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Net Current Assets shall have the meaning set forth in SECTION 2.4(a).
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