OTHER NON-CURRENT ASSETS Sample Clauses

OTHER NON-CURRENT ASSETS. This account consisted of :- Baht Consolidated financial statements Separate financial statements As at September 30, 2020 As at December 31, 2019 As at September 30, 2020 As at December 31, 2019 Advances for purchases of land and constructions - 149,500,000 - 149,500,000 Deposits and guarantee 5,541,715 5,970,060 3,075,355 3,075,355 Withholding tax 3,004,427 3,004,427 - - Total 8,546,142 158,474,487 3,075,355 152,575,355 Less Allowance for contingent loss from advance for purchase of assets - (149,500,000) - (149,500,000) Net 8,546,142 8,974,487 3,075,355 3,075,355 Advance for purchase of land from Juldis River Mansion company amounting to Baht 149.5 million, sale price of Baht 159.72 million and with the remaining of Baht 10.22 million will be paid at the date of which title deeds are transferred by the end of the year 2000. At present, such land is mortgaged as collateral to a bank by the land seller on which a problem may arise with regard to the transfer of title deeds or the refund of advance payment. And on September 16, 2002, the Court awarded Baht 149.5 million and interest rate 7.5% per annum. At the moment, the Court order in the process of waiting the asset protection officer summon creditors. On October 24, 2019, the official custodian has called a meeting of creditors to mediate the debt settlement with the Central Bankruptcy Court. There are 3 creditors submitting requests for debt repayment, 1 creditor with guarantee and 2 creditors without guarantee (the Company is in without guarantee group). The Court has the final order for the creditor with guarantee to receive the debt payment from the auctioned property. In addition to such guarantee, the official custodian is unable to gather any other assets of the debtor to divide the debt payment to creditors. Therefore, it was requesting the Central Bankruptcy Court to order the closing of the case under Section 133 of the Bankruptcy Act B.E. 2483 and allowed the creditors to file an objection. The Company had submitted a petition without objection to the court’s report requesting to close the case on December 12, 2019. The Company had provided an allowance for the damages that may arise from the advance payment to purchase such land in full amount. On April 4, 2020, at the Board of Directors’ Meeting of the Company No.5/2020, it had a resolution to approve the disposal of advance payment as bad debt in the second quarter of 2020.
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OTHER NON-CURRENT ASSETS. In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at December 31, 2020 As at December 31, 2019 As at December 31, 2020 As at December 31, 2019 Withholding tax 8,794 11,528 - 4,602 Deposits 17,724 21,497 10,148 20,180 Others 505 328 505 328 Total 27,023 33,353 10,653 25,110
Sample 1
OTHER NON-CURRENT ASSETS. This account consisted of :- Baht Consolidated financial statements Separate financial statements 2018 2017 2018 2017 Advances for purchases of land and constructions 149,500,000 149,500,000 149,500,000 149,500,000 Deposits and guarantee 5,372,360 6,939,065 3,015,355 2,784,834 Withholding tax 5,206,845 10,897,414 - - Total 160,079,205 167,336,479 152,515,355 152,284,834 Less Allowance for contingent loss from advance for purchase of assets (149,500,000) (149,500,000) (149,500,000) (149,500,000) Total Other non-current assets 10,579,205 17,836,479 3,015,355 2,784,834 Advance for purchase of land from Juldis River Mansion company amounting to Baht 149.5 million, sale price of Baht 159.72 and with the remaining of Baht 10.22 million will be paid at the date of which title deeds are transferred by the end of the year 2000. At present, such land is mortgaged as collateral to a bank by the land seller on which a problem may arise with regard to the transfer of title deeds or the refund of advance payment. And on September 16, 2002, the Court awarded Baht 149.5 million and interest rate 7.5% per annum. At the moment, the Court order in the process of waiting the asset protection officer summon creditors. The Company has provided for contingent losses for the full amount of such advances for purchases of land.
Sample 1
OTHER NON-CURRENT ASSETS. This account consisted of :- Baht Consolidated financial statements Separate financial statements As at June 30, 2021 As at December 31, 2020 As at June 30, 2021 As at December 31, 2020 Deposits and guarantee 5,999,155 5,671,355 3,142,355 3,075,355 Withholding tax - 533,084 - - Total 5,999,155 6,204,439 3,142,355 3,075,355
Sample 1
OTHER NON-CURRENT ASSETS. This account consisted of :- Baht Consolidated financial statements Separate financial statements As at June 30, 2019 As at December31, 2018 As at June 30, 2019 As at December31, 2018 Advances for purchases of land and constructions 149,500,000 149,500,000 149,500,000 149,500,000 Deposits and guarantee 5,720,368 5,372,360 3,015,355 3,015,355 Withholding tax 7,671,985 5,206,845 - - Total 162,892,353 160,079,205 152,515,355 152,515,355 Less Allowance for contingent loss from advance for purchase of assets (149,500,000) (149,500,000) (149,500,000) (149,500,000) Net 13,392,353 10,579,205 3,015,355 3,015,355
Sample 1
OTHER NON-CURRENT ASSETS. Other non-current assets include bank guarantee given to BSNL for use of their infrastructure facility (band width) and preliminary and pre-operative expenses incurred that are written-off over a period of five years starting from the end of the financial year in which they have been incurred.
Sample 1
OTHER NON-CURRENT ASSETS all other non-current assets used in the operation of the Business identified on Schedule 2.1(p); and
Sample 1
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Related to OTHER NON-CURRENT ASSETS

  • Current Assets The term "Current Assets" shall mean, with respect to the Company, cash and other assets that are expected to be converted into cash, sold or exchanged within one year from the Closing Date, including marketable securities, receivables, inventory and current prepayments .

  • Current Liabilities Current Liabilities means the aggregate amount of all current liabilities as determined in accordance with GAAP, but in any event shall include all liabilities except those having a maturity date which is more than one year from the date as of which such computation is being made.

  • Consolidated Current Ratio The Borrower will not permit the Consolidated Current Ratio as of the last day of any fiscal quarter ending on or after the Effective Date, to be less than 1.00 to 1.00.

  • Permitted Businesses The business of the Company shall be:

  • Total Assets Based on total assets at period end. Used primarily to allocate costs associated with the oversight and safeguarding of corporate assets. This would include services provided by financial management and certain finance functions, among others. Also used when the services provided are driven by the relative size and complexity of the System Companies and there is no functional relationship between the services and any other available allocation formula. BNK - BANK ACCOUNTS Based on the number of bank accounts at period end. Used for the allocation of costs associated with daily cash management activities.

  • FOR GOOD AND VALUABLE CONSIDERATION Borrower hereby forever relieves, releases, and discharges Bank and its present or former employees, officers, directors, agents, representatives, attorneys, and each of them, from any and all claims, debts, liabilities, demands, obligations, promises, acts, agreements, costs and expenses, actions and causes of action, of every type, kind, nature, description or character whatsoever, whether known or unknown, suspected or unsuspected, absolute or contingent, arising out of or in any manner whatsoever connected with or related to facts, circumstances, issues, controversies or claims existing or arising from the beginning of time through and including the date of execution of this Amendment (collectively “Released Claims”). Without limiting the foregoing, the Released Claims shall include any and all liabilities or claims arising out of or in any manner whatsoever connected with or related to the Loan Documents, the Recitals hereto, any instruments, agreements or documents executed in connection with any of the foregoing or the origination, negotiation, administration, servicing and/or enforcement of any of the foregoing.

  • Consolidated Capital Expenditures Company shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Year indicated below, in an aggregate amount in excess of the corresponding amount (the “Maximum Consolidated Capital Expenditures Amount”) set forth below opposite such Fiscal Year; provided that the Maximum Consolidated Capital Expenditures Amount for any Fiscal Year shall be increased by (i) an aggregate amount equal to the Net Securities Proceeds received by Company in such Fiscal Year from the issuance of any Capital Stock of Company or any of its Subsidiaries, but solely to the extent such Net Securities Proceeds are not applied to increase the limit under subsection 7.3(vi), (ii) to the extent Company and its Subsidiaries have generated Consolidated Excess Cash Flow in any Fiscal Quarter of such Fiscal Year in excess of $12,500,000, an amount not to exceed 50% of such excess (or 100% of such excess to the extent the Consolidated Leverage Ratio is less than 2.00:1.00 at the end of the preceding Fiscal Year), but solely to the extent that such excess is not applied to increase the limit under subsection 7.5(v), and (iii) (x) if the actual amount of Consolidated Capital Expenditures made in any Fiscal Year is less than the Maximum Consolidated Capital Expenditures Amount for such Fiscal Year (before giving effect to any increase pursuant to clause (i), (ii) or (iii) of this proviso), then an amount of such shortfall may be added to the Maximum Consolidated Capital Expenditures Amount for the immediately succeeding (but not any other) Fiscal Year and (y) in determining whether any amount is available for carryover to the succeeding Fiscal Year pursuant to the preceding subclause (iii)(x), the amount expended in any Fiscal Year shall first be deemed to be from any amount carried over to such Fiscal Year from the immediately preceding Fiscal Year and any other increases pursuant to clauses (i) or (ii) of this proviso: Fiscal Year Maximum Consolidated Capital Expenditures 2009 $ 125,000,000 2010 $ 150,000,000 2011 and each Fiscal Year thereafter $ 175,000,000

  • Permitted Business The business of the Company shall be:

  • Consolidated Total Assets All assets of the Borrower and its Subsidiaries determined on a consolidated basis in accordance with GAAP.

  • Unrelated Business Taxable Income No Employee Plan (or trust or other funding vehicle pursuant thereto) is subject to any tax under Code Section 511.

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