Debt-Like Items definition

Debt-Like Items means any liabilities of the Business described on Part C of Schedule 1.12(a).
Debt-Like Items means, without duplication, (a) deferred revenue, including the amount of any customer advances or deposits payable of an Acquired Company for work in process or products or services not yet delivered determined in accordance with GAAP; (b) to the extent not included in calculation of Transaction Expenses or Closing Working Capital, any liabilities in respect of bonus compensation (including sales bonuses) or similar amounts payable to any employee, officer, of director of an Acquired Company; and (c) the outstanding principal amount of, accrued and unpaid interest on, and other payment obligations (including any prepayment premiums, fees, expenses, or penalties) arising under, any obligations of any Acquired Company consisting of (i) conditional sale obligations; (ii) any unsatisfied obligation or unfunded or underfunded liability under any pension plan; (iii) any liability in respect of deferred compensation (including the employer portion of any employment, payroll, social security, unemployment or other similar Taxes in connection therewith); (iv) any liability in respect of all obligations under leases required to be capitalized in accordance with GAAP; and (v) any liability for any compensation due and payable as a result of the termination of employment or engagement, as the case may be, of any personnel or independent contractors of any Acquired Entity prior to the Closing Date, including for severance, bonus, and paid time-off and the amount of the employer’s portion of any employment, payroll, or social security Taxes with respect to the obligations set forth in this clause (v).
Debt-Like Items means items set forth on Schedule A-1.

Examples of Debt-Like Items in a sentence

  • For the ease of comparison with ASVspoof, the set of attacks in AVspoof is split into LA and PA subsets (see Table I).TABLE I: Number of utterances in different subsets of AVspoof and ASVspoof databases.

  • As promptly as reasonably practicable following the Closing Date and in any event not later than ninety (90) days after the Closing Date, Parent will cause to be prepared and delivered to the Stockholder Representative a statement (the “Closing Statement”) setting forth Parent’s good faith calculation of (i) the Debt-Like Items, Net Working Capital, NWC Adjustment, Company Cash, Indebtedness and Closing Net Cash, in each case as of the Effective Time, and (ii) the Equity Value based thereon.

  • Due to lack of proper communication skills and problem solving skills, they are not able to keep together.

  • Amount net of Debt-Like Items linked to the acquisition of $0.5 million.the price adjustment, formalised in April 2022, the recognition value of the equity investment was $6.3 million (€6.0 million at the exchange rate of 30 June 2022).

  • Buyer shall also deliver to Seller all reasonable supporting documentation to support Buyer’s calculation of the Final Cash Amount, Final Indebtedness Amount, Final Debt-Like Items Amount, Final Seller Transaction Expenses Amount, Final Closing Net Working Capital and Final Seller Closing Payment.


More Definitions of Debt-Like Items

Debt-Like Items means the amount of €6,000,000 corresponding to the aggregate amount for all Group Companies, as finally determined by the Parties for the purpose of this Agreement, of (i) unfunded pension liabilities and (ii) Specific Litigation Provisions;
Debt-Like Items means the items set forth on Schedule 1(a) under the heading Debt-Like Items.
Debt-Like Items means (a) restructuring liabilities set forth in Section 1.1(b) of the Seller Disclosure Schedule under “Thailand Restructuring accrual” line item and (b) any retention bonus obligations, in each case, of the Acquired Companies calculated as of immediately prior to the Phase I Closing in accordance with GAAP.
Debt-Like Items means any liabilities of the Business described on Part C of S chedule 1.12(a).
Debt-Like Items shall have the meaning set forth in the definition of “Indebtedness.”
Debt-Like Items on Closing shall mean non trade third party obligations including (a) all third-party trade payables more than 180 days old; (b) Any non-trade payable with respect to inter-branch, related party or Promoters; (c) Provision for employee benefits such as those for gratuity and leave encashment as shall be determined by an independent third party actuarial expert; and (d) capital creditors on Closing for expenditure incurred until 31 March 2011 minus capital advances paid until 31 March 2011 which are also outstanding on Closing. For the avoidance of doubt, it is hereby clarified that, Debt – like Items shall not include any item that is included in computation of Net Working Capital.
Debt-Like Items means the items set forth on Appendix C.