Common use of Current Liabilities Clause in Contracts

Current Liabilities. Current Liabilities means the aggregate amount of all current liabilities as determined in accordance with GAAP, but in any event shall include all liabilities except those having a maturity date which is more than one year from the date as of which such computation is being made.

Appears in 14 contracts

Samples: Loan and Financing Agreement, Loan Agreement (American Aircarriers Support Inc), Loan Agreement (Rent a Wreck of America Inc)

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Current Liabilities. Current Liabilities Liabilities" means the aggregate amount of all current liabilities as determined in accordance with GAAP, but in any event shall include all liabilities except those having a maturity date which is more than one year from the date as of which such computation is being made.

Appears in 1 contract

Samples: Loan Agreement (Syntellect Inc)

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Current Liabilities. Current Liabilities means the aggregate amount of all current liabilities as determined in accordance with GAAP, but in any event shall include all liabilities except those having a maturity date which is more than one year from the date as of which such computation is being made. Current liabilities do not include deferred revenues or billxxxx xx excess of costs as reflected on Borrower's Consolidated Financial Statements.

Appears in 1 contract

Samples: Loan Agreement (Daleen Technologies Inc)

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