Consolidated Current Liabilities the total current liabilities of Borrower and its Consolidated Subsidiaries as measured in accordance with GAAP.
Consolidated Current Liabilities. All liabilities of the Borrower and its Subsidiaries on a consolidated basis maturing on demand or within one (1) year from the date as of which Consolidated Current Liabilities are to be determined, and such other liabilities as may properly be classified as current liabilities in accordance with GAAP.
Consolidated Current Liabilities 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: $[___,___,___]
Consolidated Current Liabilities. As of any date, all liabilities and other Indebtedness of the Borrower and its Subsidiaries on a consolidated basis as may be properly classified as current liabilities in accordance with GAAP.
Consolidated Current Liabilities. All liabilities and other Indebtedness of the Borrower and its Subsidiaries outstanding hereunder and all liabilities and other Indebtedness of the Borrower and its Subsidiaries on a consolidated basis maturing on demand or within one (1) year from the date as of which Consolidated Current Liabilities are to be determined, and such other liabilities as may properly be classified as current liabilities in accordance with generally accepted accounting principles, PROVIDED, (a) for purposes of calculating liabilities of the Borrower under the Revolving Credit Loans for any fiscal quarter, the amount shall be the average outstanding amount of Revolving Credit Loans for such fiscal quarter; and (b) for purposes of this definition, Consolidated Current Liabilities shall not include accruals of the Borrower and its Subsidiaries and shall not include the Indebtedness of the Borrower to Daifuku America Corporation incurred in connection with the AutoSimulations Acquisition so long as such Indebtedness is subordinated to the Obligations pursuant to the Subordination Agreement. CONSOLIDATED NET INCOME (OR DEFICIT). The consolidated net income (or deficit) of the Borrower and its Subsidiaries, after deduction of all expenses, taxes, and other proper charges, determined in accordance with generally accepted accounting principles, after eliminating therefrom all extraordinary nonrecurring items of income. CONSOLIDATED OPERATING CASH FLOW. For any period, an amount equal to (a) EBITDA of the Borrower and its Subsidiaries for the fiscal quarter ending on such date, LESS (b) the sum of (i) income taxes recorded on the Borrower's financial statements pursuant to generally accepted accounting principles during such period, PLUS (ii) to the extent not already deducted in the determination of EBITDA, Capital Expenditures made during such period.
Consolidated Current Liabilities. All liabilities and other Indebtedness -------------------------------- of the Borrower and its Subsidiaries, excluding deferred revenue, on a consolidated basis maturing on demand or within one (1) year from the date as of which Consolidated Current Liabilities are to be determined, and such other liabilities as may properly be classified as current liabilities in accordance with generally accepted accounting principles. Consolidated Net Income (or Deficit). The consolidated net income (or ------------------------------------ deficit) of the Borrower and its Subsidiaries, after deduction of all expenses, taxes, and other proper charges, determined in accordance with generally accepted accounting principles, after eliminating therefrom all extraordinary nonrecurring items of income. Consolidated Net Worth. The excess of (a) all assets of a Person and its ---------------------- Subsidiaries determined on a consolidated basis in accordance with generally accepted accounting principles over (b) all liabilities of such Person and its Subsidiaries determined on a consolidated basis in accordance with generally accepted accounting principles, and all Indebtedness of such Person and its Subsidiaries, whether or not so classified, less, to the extent otherwise includable in the computations of Consolidated Net Worth, any subscriptions receivable.
Consolidated Current Liabilities. Consolidated Net Working Capital increases when it becomes more positive or less negative, and decreases when it becomes less positive or more negative.
Consolidated Current Liabilities. All liabilities and other Indebtedness of the Borrower Affiliated Group on a consolidated basis maturing on demand or within one (1) year from the date as of which Consolidated Current Liabilities are to be determined, and such other liabilities as may properly be classified as current liabilities in accordance with GAAP (excluding, in any case, (i) any deferred revenues and deferred tax liabilities related to purchase accounting effects, and (ii) any unvested Stay Bonus proceeds, to the extent the same will not vest within one (1) year from such date of determination).
Consolidated Current Liabilities. Consolidated Current -------------------------------- Liabilities" means the aggregate amount of all liabilities of the Borrower and its Subsidiaries (including tax and other proper accruals) which would be classified as current liabilities, all computed as per management statements prepared on a consistent basis.
Consolidated Current Liabilities. All liabilities of the Company and its Subsidiaries on a consolidated basis maturing on demand or within one (1) year from the date as of which Consolidated Current Liabilities are to be determined, and such other liabilities as may properly be classified as current liabilities in accordance with generally accepted accounting principles and including all outstanding Revolving Credit Loans and the Maximum Drawing Amount of all issued Letters of Credit, whether or not so classified. Consolidated Net Income (or Deficit). The consolidated net income (or deficit) of the Company and its Subsidiaries, after deduction of all expenses, taxes, and other proper charges other than the Restructuring Charge, determined in accordance with generally accepted accounting principles Consolidated Recurring Operating Income. For any period, an amount equal to (a) the Company's consolidated operating income (as such term is defined in the Company's annual report) for such period less (b) for purposes of calculating the Applicable Margin and compliance with the covenants set forth in ss.10 hereof, the Restructuring Charge for such period, but only to the extent such Restructuring Charge is taken in the second and/or third fiscal quarters of the 1998 fiscal year.
