Other Current Assets means all prepaid and deferred items (including prepaid rent and other prepaid expenses), credits and deposits, rights of offset and credits and claims for refund (including Tax refunds arising from or pertaining to the Pre-Closing Tax Period) generated or incurred by the Subject Partner Companies.
Other Current Assets means the assets related to and rights to payment of the type set forth on the Interim Balance Sheet next to the heading “Other current assets”.
Other Current Assets means all current assets of the FAST Operating Entities on a combined basis (other than Cash, Accounts Receivable, Inventory, deferred tax receivables and assets, or prepayments relating to any Indebtedness) all as determined in accordance with GAAP;
Examples of Other Current Assets in a sentence
The contra entry for the accrual shall be credited to account 170 Other Current Assets.
Major items within Other Assets are Trade Receivables,Due from Related Parties, Other Current Assets and Deferred Tax Asset.
FORM MOR-3(9/99) ASSETS Other Current Assets Other Assets LIABILITIES AND OWNER EQUITY Other Postpetition Liabilities Adjustments to Owner Equity Postpetition Contributions (Distributions) (Draws) Restricted Cash: cash that is restricted for a specific use and not available to fund operations.
Inventory is presented as a portion of Other Current Assets in the Consolidated Condensed Balance Sheet.
Major items within Other Assets are Trade Receivables, Due from Related Parties, Other Current Assets and Deferred Tax Asset.
More Definitions of Other Current Assets
Other Current Assets means all prepaid expenses, deposits and other current assets of the Business.
Other Current Assets. Deferred Tax Assets" and "Other Assets" all as classified on Numatics' consolidated balance sheet, including, but not limited to, transaction costs not amortized, debt issuance costs not amortized and product drawings, as determined solely by Lender on a consistent basis less prepaid expenses and obligations due from officers, affiliates and employees plus the amount of any LIFO reserve plus the amount of any debt subordinated to the Liabilities in a manner satisfactory to Lender (but excluding the indebtedness evidenced by the Subordinated Redemption Note dated January 3, 2001 in the principal amount of One Million Eighty-Nine Thousand Nine Hundred Ninety-Six and No/100 Dollars ($1,089,996.00) issued by Numatics to Xxxxx X. Xxxxx and, to the extent in excess of Five Hundred Thousand and No/100 Dollars ($500,000.00), indebtedness consisting of deferred compensation owing to Xxxx Xxxxxx) plus deferred tax liabilities, all as determined for Numatics and its Subsidiaries on a consolidated basis under generally accepted accounting principles applied on a basis consistent with the financial statement dated September 30, 2001 except as set forth herein and calculated without giving effect to any unrealized non-cash foreign exchange gains and/or losses accumulating after December 31, 2001;
Other Current Assets means the current assets of the Target and the Subsidiaries other than Accounts Receivable, Inventory, cash, deferred taxes and prepaid expenses relating to any Income Tax Liability.
Other Current Assets mean all current assets of the Acquired Companies, including prepaid expenses (including payments made pursuant to the terms of that certain License Development Consulting Agreement dated February 23, 2021) and deposits (including any deposits, whether refundable or otherwise, made by the Acquired Companies in connection with the purchase of real property located in Ventura County) of the Acquired Companies, other than Cash, Accounts Receivable, and Inventory, but excluding any prepayment or similar asset that would not benefit Buyer following the Closing and any Related Party Transaction described on Schedule 1.1(ttt); provided that, with respect to each partially-owned Acquired Subsidiary: (1) if such Acquired Subsidiary will be required to be consolidated into the SPAC’s financial statements following the Closing, then all of the Other Current Assets of such Acquired Subsidiary shall be included in the definition of Other Current Assets for purposes of this Agreement; and (2) if such Acquired Subsidiary will not be required to be consolidated into the SPAC’s financial statements following the Closing, then none of the Other Current Assets of such Acquired Subsidiary shall be included in the definition of Other Current Assets for purposes of this Agreement.
Other Current Assets means (i) prepaid expenses and all claims for refunds and rights to set-off in respect thereof (other than prepaid expenses with respect to the Excluded Assets and other than Taxes and Tax refunds, credits and offsets), in each case to the extent related to the Business and (ii) the China Bank Drafts having an original maturity of greater than 90 days.
Other Current Assets means any current assets of Seller used in or primarily relating to or necessary for the Cable Modem Business as of the Closing Date, included in the Acquired Assets and transferred to Holdco at the Closing, determined in accordance with GAAP, other than Adjusted Accounts Receivable,
Other Current Assets means all other current assets of the Partnership and the Subsidiaries; provided, however, notwithstanding any provision of this Agreement to the contrary, Adjustment Assets shall not include inventory or accounts receivable that are not Eligible Accounts Receivable.