Consolidated Liabilities definition

Consolidated Liabilities means, as at any date of determination, all liabilities of the Borrower and its Subsidiaries as of such date classified as liabilities in accordance with GAAP and determined on a Consolidated basis.

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Consolidated Liabilities means the sum of (i) all liabilities that, in accordance with GAAP, should be classified as liabilities on a consolidated balance sheet of Borrower and its Consolidated Subsidiaries and the Guarantors, and (ii) to the extent not included in clause (i) of this definition, all Redeemable Preferred Stock.

Consolidated Liabilities means, at all times, the total of all liabilities appearing on the consolidated balance sheet of the Consolidated Group prepared in accordance with GAAP.

Examples of Consolidated Liabilities in a sentence

• The Borrower will maintain at all times Consolidated Liabilities not in excess of 200% of Consolidated Tangible Net Worth.

• The ratio of Total Consolidated Liabilities to Undepreciated Book Asset Value shall at all times be equal to or less than 0.60 to 1.0.

• The ratio of Total Consolidated Liabilities to Gross Asset Value shall at ----- all times be equal to or less than 0.55 to 1.0.

• The Borrower and its Subsidiaries shall maintain, on a quarterly basis as of the last day of each fiscal quarter, a current ratio of Consolidated Current Assets to Current Consolidated Liabilities of not less than 1.25 to 1.00.

• The Parent shall not permit the ratio of --------------------------- Consolidated Liabilities of the Parent and its Subsidiaries to Consolidated Net Worth of the Parent and its Subsidiaries to exceed 4.50 to 1.00 at any time.

More Definitions of Consolidated Liabilities

Consolidated Liabilities means the total consolidated liabilities of the Borrower and its Subsidiaries determined in accordance with Agreement Accounting Principles.

Consolidated Liabilities means, at any date, the sum of all obligations of Micro and its Consolidated Subsidiaries that would be reflected on a consolidated balance sheet of Micro and its Consolidated Subsidiaries as at such date in accordance with GAAP.

Consolidated Liabilities means the total consolidated liabilities of the Borrower and its Subsidiaries determined in accordance with GAAP.

Consolidated Liabilities means, at any time, the total liabilities of the Company and its Subsidiary, determined in accordance with GAAP and after eliminating intercompany transactions among the Company and the Subsidiary.

Consolidated Liabilities means, as to any Person, the liabilities of such Person and its Subsidiaries determined on a consolidated basis and in accordance with generally accepted accounting principles in the United States, applied on a consistent basis, and shall include in any event the Contingent Obligations of such Person and its Subsidiaries.

Consolidated Liabilities means all Indebtedness that, in accordance with generally accepted accounting principles consistently applied, should be classified as liabilities on a consolidated balance sheet of the Borrower and its Subsidiaries.

Consolidated Liabilities means at a particular date, all amounts which would, in conformity with GAAP, be included under liabilities on a consolidated balance sheet of National and its Subsidiaries as at such date.