Operating Current Liabilities definition
Operating Current Liabilities means total current liabilities less current liabilities of discontinued operations, current portion of long-term borrowings and capital lease obligations, short-term borrowings, and current deferred tax liabilities, determined in accordance with GAAP and as reported in the Company’s Form 10-K for the respective year, subject to certain discretionary adjustments as approved by the Administrator.
Operating Current Liabilities means the December Operating Current Liabilities and the Additional Operating Current Liabilities.
Operating Current Liabilities means the February Operating Current Liabilities and the Additional Operating Current Liabilities.
Examples of Operating Current Liabilities in a sentence
All obligations for compensation, wages, bonuses, severance pay, vacation time, and pay in lieu of vacation, provided by the Sellers shall be assumed by the US Purchaser as of the Closing Date for all US Transferred Employees solely to the extent reflected on the Schedule of February Operating Current Liabilities.