Adjusted Current Assets definition

Adjusted Current Assets means, as of any given time, the Financial Statements Current Assets as determined in accordance with the Agreed Valuation Principles.

Adjusted Current Assets means, collectively, (i) cash, (ii) accounts receivable, net, (iii) inventory, net, and (iv) prepaid expenses, in each case determined in accordance with GAAP.

Adjusted Current Assets means, as of immediately prior to the Closing, the current assets of the Company and its Subsidiaries, as computed in accordance with GAAP consistent with the Company Balance Sheet.

Examples of Adjusted Current Assets in a sentence

• The ratio of the Companies' consolidated Adjusted Current Assets to the Companies' consolidated Adjusted Current Liabilities shall at all times exceed 1.25 to 1.00.

• Borrower shall maintain a ratio of Adjusted Current Assets to Consolidated Current Liabilities of [***]* on the last day of each Fiscal Quarter.

• Within ninety (90) calendar days after the Closing Date, Buyer shall prepare, or cause to be prepared, and deliver to Parent an unaudited statement of the Adjusted Current Assets and Adjusted Current Liabilities as of the close of business on the Closing Date (the “Preliminary Closing Statement”), which shall set forth the Net Working Capital as of the Closing Date and shall be prepared as set forth on Schedule 2.3(b).

• Consolidated Adjusted Current Assets will at no time be less than 100% of Consolidated Adjusted Current Liabilities.

• Adjusted Current Assets Current Assets less (to the extent included in Current Assets in accordance with the Accounting Standards) the amount of any mark-xx-market value of Hedging Agreements.

More Definitions of Adjusted Current Assets

Adjusted Current Assets means, with respect to the Company and its Consolidated Subsidiaries as of any date of determination (i) the Current Assets of the Company and its Consolidated Subsidiaries, minus (ii) the Non-Cash Deferred Tax Assets of the Company and its Consolidated Subsidiaries.

Adjusted Current Assets means the amount of current assets of the Consolidated Companies as set forth on the Closing Date Balance Sheet;

Adjusted Current Assets means the sum of (i) Accounts receivable — net, (ii) Due from related parties, (iii) Inventories — net and (iv) Deferred income taxes, each calculated in accordance with GAAP on a basis consistent with the Financial Statements.

Adjusted Current Assets means, at any date, the consolidated current assets (excluding cash and cash equivalents) of the Credit Parties and their Subsidiaries determined as of such date.

Adjusted Current Assets any and all cash, Cash Equivalents, accounts receivable and inventory of Holdings and the Holdings Subsidiaries.

Adjusted Current Assets means, as at any date of determination, the current assets of Holdings and its subsidiaries at such date, each as determined in accordance with GAAP consistently applied.

Adjusted Current Assets means, as of any date of determination, the sum of (i) cash and cash equivalents, (ii) the Maximum Cumulative Liability (as defined under the CRL Guaranty) plus the amount of the CRL Subordinated Creditors' aggregate unfunded commitment obligations under Section 2.02(c) of the CRL Purchase Agreement and (iii) Net Accounts Receivable.