Current Assets. Current Assets means the aggregate amount of all the assets of the Borrower and its Subsidiaries, on a consolidated basis, assets which would, in accordance with GAAP, properly be defined as current assets.
Appears in 5 contracts
Samples: Loan Agreement (Peerless Manufacturing Co), Loan Agreement (Peerless Manufacturing Co), Loan Agreement (Peerless Manufacturing Co)
Current Assets. Current Assets means the aggregate amount of all the assets of the Borrower and its Subsidiaries, on a consolidated basis, assets which would, in accordance with GAAP, properly be defined as current assets.
Appears in 1 contract
Current Assets. Current Assets means the aggregate amount of all the assets of the Borrower and its Subsidiaries, on a consolidated basis, assets which would, in accordance with GAAP, properly be defined as current assets., but excluding the following items, if any: N/A
Appears in 1 contract
Current Assets. Current Assets means the aggregate amount of all the assets of the Borrower and its Subsidiaries, on a consolidated basis, Borrower's assets which would, in accordance with GAAP, properly be defined as current assets.
Appears in 1 contract
Samples: Loan Agreement (Insurance Management Solutions Group Inc)
Current Assets. Current Assets means the aggregate amount of all the assets of the Borrower and its Subsidiaries, on a consolidated basis, Borrower's assets which would, in accordance with GAAP, GAAP properly be defined as current assets.
Appears in 1 contract
Current Assets. Current Assets means means, with respect to the Corporate Guarantor and the Borrower on a consolidated basis, the aggregate amount of all the assets of the Borrower and its Subsidiaries, on a consolidated basis, assets which would, in accordance with GAAP, properly be defined as current assets.
Appears in 1 contract
