Current Liabilities definition

Current Liabilities are all obligations and liabilities of Borrower to Bank, plus, without duplication, the aggregate amount of Borrower’s Total Liabilities that mature within one (1) year.
Current Liabilities means, at any time, the consolidated current liabilities of the Borrower and the Subsidiaries at such time, but excluding, without duplication, (a) the current portion of any long-term Indebtedness and (b) outstanding Revolving Loans and Swingline Loans.
Current Liabilities means obligations whose liquidation is reasonably expected to require the use of existing resources properly classifiable as current assets or the creation of other current liabilities.

Examples of Current Liabilities in a sentence

  • Current Liabilities 26Accounts Payable$$2627Officer's Accounts Payable 2728Accounts Payable-Patient Deposits 2829Short-Term Notes Payable 2930Accrued Salaries Payable 30 31Accrued Taxes Payable(excluding real estate taxes) 3132Accrued Real Estate Taxes(Sch.IX-B) 3233Accrued Interest Payable 3334Deferred Compensation 3435Federal and State Income Taxes 35 Other Current Liabilities(specify): 36 3637 37 38TOTAL Current Liabilities(sum of lines 26 thru 37) $ $ 38 D.

  • The statement of claim must specify the relief sought and the facts that give rise to the claim, as this determines the subject matter of the dispute and outlines the scope of the arbitrators’ decision-making authority sought by the claimant.52 The reproduction of the arbitration agreement is necessary for several reasons:First and foremost, it lets the DIS Secretariat know whether resolution of the dispute through arbitration is even an option at all.

  • Wages & salaries, annual leave and vesting sick leave are all classified as Current Liabilities.

  • NAV of Units under each Plan shall be calculated as shown below: Market or Fair Value of the Plan’s Investments+ Current Assets– Current Liabilities and ProvisionsNAV (Rs.) = -----------------------------------------------------------------------------------------No. of Units outstanding under each Plan The AMC will calculate and disclose the first NAV of the Plan(s) not later than 5 Business Days from the allotment of units of the respective Plan(s).

  • NAV of Units under the Options there under can be calculated as shown below: (Market or Fair Value of Scheme’s investments + Current assets including Accrued Income - Current Liabilities and provisions including accrued expenses)NAV = No. of Units outstanding under the Scheme/Option.


More Definitions of Current Liabilities

Current Liabilities means, with respect to the Borrower and the Subsidiaries on a consolidated basis at any date of determination, all liabilities that would, in accordance with GAAP, be classified on a consolidated balance sheet of the Borrower and the Subsidiaries as current liabilities at such date of determination, other than (a) the current portion of any Indebtedness, (b) accruals of Interest Expense (excluding Interest Expense that is due and unpaid), (c) accruals for current or deferred Taxes based on income or profits, (d) accruals, if any, of transaction costs resulting from the Transactions, (e) accruals of any costs or expenses related to (i) severance or termination of employees prior to the Closing Date or (ii) bonuses, pension and other post-retirement benefit obligations, and (f) accruals for add-backs to EBITDA included in clauses (a)(iv) through (a)(vi) of the definition of such term.
Current Liabilities means, as of any applicable date, all amounts that should, in accordance with GAAP, be included as current liabilities on the consolidated balance sheet of Borrower and its Subsidiaries, as at such date, plus, to the extent not already included therein, all outstanding Credit Extensions made under this Agreement, including all Indebtedness that is payable upon demand or within one year from the date of determination thereof unless such Indebtedness is renewable or extendable at the option of Borrower or any Subsidiary to a date more than one year from the date of determination, but excluding Subordinated Debt.
Current Liabilities means, as of any applicable date, all amounts that should, in accordance with GAAP, be included as current liabilities on the consolidated balance sheet of Borrower and its Subsidiaries, as at such date, plus, to the extent not already included therein, all outstanding Credit Extensions made under this Agreement, including all Indebtedness that is payable upon demand or within one year from the date of determination thereof unless such Indebtedness is renewable or extendible at the option of Borrower or any Subsidiary to a date more than one year from the date of determination.
Current Liabilities are the aggregate amount of Borrower’s Total Liabilities which mature within one (1) year.
Current Liabilities are the aggregate amount of Borrower's Total Liabilities which mature within one (1) year.
Current Liabilities means the aggregate (on a consolidated basis) of all liabilities (including trade creditors, accruals and provisions) of each member of the Group falling due within twelve months from the date of computation but excluding amounts in respect of:
Current Liabilities means, as of any date, all liabilities that would, in accordance with GAAP, be classified on a consolidated balance sheet of the Borrower and the Restricted Subsidiaries as “current liabilities,” other than: