Deferred Liabilities definition

Deferred Liabilities shall have the meaning set forth in Section 2.6(a)
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Deferred Liabilities means the Company's Consolidated liabilities other than (a) current liabilities, and (b) Consolidated Funded Debt.
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Deferred Liabilities means the obligations of the Banks described or referenced on, and in the amounts stated on, the Disclosure Schedule.
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Examples of Deferred Liabilities in a sentence

  • Deferred Liabilities $ 5,444.66 Note payable to landlord $ 30,600.00 Note payable to ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ (including interest)* $ — Note payable to ▇▇▇▇ ▇▇▇▇▇▇▇ (including interest)* $ — Accrual for payroll and commissions payable on Comtrex sales placed through Avatech $ 15,000.00 Total: $ 683,392.45 * Comtrex Corp notes payable to ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇▇ will not be assumed by Avatech, but new notes payable to ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇▇ will be issued.

  • FIBS agrees to pay or to cause the Target Subsidiaries to pay all Deferred Liabilities to the employees or payees thereof at the respective times and in the respective amounts required by and in accordance with the Deferred Liability Documents and up to the Deferred Liability Amount.

  • For purposes of Article IX, however, without duplication of any amounts included in the calculation of applicable Net Economic Benefit, Purchaser shall be deemed to have assumed the Deferred Liabilities on the Closing Date (with economic effect from the Closing Effective Time).

  • The Deferred Liability Documents state the entire obligations of the Target Subsidiaries with respect to the Deferred Liabilities.

  • Prior to the occurrence of a Deferred Closing, subject to the terms of the Distribution Agreement, all Deferred Assets in a Deferred Closing Country shall be held for the account of BSC and its Affiliates and all Deferred Liabilities shall be retained by BSC and its Affiliates.

  • The Borrower and its Consolidated Subsidiaries will have as of the last day of each fiscal quarter of each fiscal year of the Borrower a ratio of (1) Consolidated Current Assets less Consolidated Deferred Assets to (2) Consolidated Current Liabilities less Consolidated Deferred Liabilities of not less 2.0 to 1.

  • AUTOMOTIVE DISCONTINUED BEGINNING BALANCE 2002 2002 2002 ENDING BALANCE OPERATIONS ACCRUALS JANUARY 1, 2002 SPENDING SETTLEMENTS OTHER ACTIVITY DECEMBER 31, 2002 ----------------------- ----------------- -------- ----------- -------------- ----------------- Other Deferred Liabilities.............

  • The Deferred Liabilities do not, and will not as of the Closing, exceed the Deferred Liability Amount.

  • As of the Closing Date, the Deferred Liabilities will be in compliance with Code Section 409A.

  • At each Deferred Closing, Seller and Purchaser shall, and shall cause their respective Controlled Affiliates to, execute and deliver such documents and instruments, as may be reasonably necessary to transfer the Deferred Assets or the Deferred Transferred Equity Interests, assumption of the Deferred Liabilities or employment of the Deferred Employees.


More Definitions of Deferred Liabilities

Deferred Liabilities means all bona fide deferred liabilities of Sellers related to the Business set forth on Schedule 1.1(r) or incurred in the ordinary course of the Business since the date of such schedule (exclusive of any deferred liabilities payable to Affiliates of any Seller, which shall be expressly designated as such on Schedule 1.1(r)).
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Deferred Liabilities means all deferred liabilities of WPCS-Seattle related to the Business, including any deferred liabilities to Affiliates of WPCS-Seattle.
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Related to Deferred Liabilities

  • Covered Liabilities as defined in Subsection 11.21.

  • Transferred Liabilities has the meaning ascribed to such term in the Separation Agreement.

  • Reinsured Liabilities means the General Account Liabilities, the Risk Control Separate Account Liabilities, the Declared Rate Separate Account liabilities and the Variable Separate Account Liabilities.

  • Accrued Liabilities shall include a pro rata contribution to each Employee Benefit Plan or with respect to each such obligation or arrangement for that portion of a plan year or other applicable period which commences prior to, and ends after, the Closing Date, and Accrued Liabilities for any portion of a plan year or other applicable period shall be determined by multiplying the liability for the entire such year or period by a fraction, the numerator of which is the number of days preceding the Closing Date in such year or period and the denominator of which is the number of days in such year or period, as the case may be.

  • Unfunded Vested Liabilities means, for any Plan at any time, the amount (if any) by which the present value of all vested nonforfeitable accrued benefits under such Plan exceeds the fair market value of all Plan assets allocable to such benefits, all determined as of the then most recent valuation date for such Plan, but only to the extent that such excess represents a potential liability of a member of the Controlled Group to the PBGC or the Plan under Title IV of ERISA.