Net Current Assets definition

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.
Net Current Assets means the net difference between the total current assets and the total current liabilities at 30 June;
Net Current Assets means Current Assets less Current Liabilities.

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.

  • Bank overdrafts are shown as short term borrowings in current liabilities in Note 4 - Net Current Assets.


More Definitions of Net Current Assets

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.
Net Current Assets has the meaning set forth in Section 4.4.
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.
Net Current Assets means the difference between the Current Assets minus the Current Liabilities.
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.
Net Current Assets shall have the meaning set forth in Section 2.3(b).
Net Current Assets means an amount equal to the aggregate dollar amount of (a) the Current Assets of the Company and its Subsidiaries included in the Purchased Assets as of the Closing Date, minus (b) the Total Liabilities of the Company and its Subsidiaries as of the Closing Date.