PBL Current Liabilities definition
PBL Current Liabilities means, with respect to the Corporation and Prometic Biosciences Ltd (UK), the sum of all current liabilities, including (but not limited to) trade and accounts payables, accrued expenses, deferred revenues (including grants from a Governmental Entity) and any credit card balances and excluding the current portion of capital lease liabilities and any item included in the definition of PBL Indebtedness, the Intra-Group Payables, the PBL Inter-Group Amount and the Acquired Companies Transaction Expenses, in each case, determined in accordance with the Accounting Principles as at the Adjustment Time and set out in the Adjustment Statement.