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.
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Operating Current Liabilities means the December Operating Current Liabilities and the Additional Operating Current Liabilities.
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Operating Current Liabilities means the February Operating Current Liabilities and the Additional Operating Current Liabilities.
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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.

Related to Operating Current Liabilities

  • Current Liabilities are all obligations and liabilities of Borrower to Bank, plus, without duplication, the aggregate amount of Borrower’s Total Liabilities that mature within one (1) year.

  • non-current liabilities means all liabilities other than current liabilities

  • Consolidated Current Liabilities means, as at any date of determination, the total liabilities of a Person and its Subsidiaries on a consolidated basis that may properly be classified as current liabilities in conformity with GAAP, excluding the current portion of long term debt.

  • Parent Liabilities shall have the meaning set forth in Section 2.3(b).

  • Current Assets of any Person means all assets of such Person that would, in accordance with GAAP, be classified as current assets of a company conducting a business the same as or similar to that of such Person, after deducting adequate reserves in each case in which a reserve is proper in accordance with GAAP.