Estimated Current Liabilities means Sellers’ good faith estimate of Current Liabilities pursuant to Section 2.01(c).
Estimated Current Liabilities means a reasonable estimate by Sellers of the current liabilities of the Business as of the Effective Time, provided, however, that such current liabilities shall be limited to those current liabilities being assumed by Buyer pursuant to the terms of this Agreement and otherwise shall be determined in accordance with the standards set forth in the definition of the Estimated Working Capital Statement.
Estimated Current Liabilities means all liabilities reflected on the face of the Unaudited September 2013 Balance Sheet other than intercompany payables and any interest thereon determined in accordance with GAAP applied on a consistent basis with the Audited Financial Statements. For the avoidance of doubt, “Estimated Current Liabilities” shall not include any liabilities of BRP Leasing.
Examples of Estimated Current Liabilities in a sentence
The Estimated Closing Statement (including the Estimated Cash, Estimated Indebtedness, Estimated Current Liabilities and Estimated Seller Transaction Expenses) shall be prepared and calculated in accordance with GAAP (and, to the extent not inconsistent with GAAP, the past practices of the Company) or as provided in the definitions of this Agreement.
More Definitions of Estimated Current Liabilities
Estimated Current Liabilities means the Current Liabilities as shown on the Projected Closing Balance Sheet, in accordance with GAAP.
Estimated Current Liabilities mean Liabilities from the operations of the Business incurred in the Ordinary Course which (i) are estimated to be payable by the Business in the future to, but not yet invoiced by, the NRTC on account of the period prior to Closing; and (ii) the Parties agree are to be assumed by Purchaser hereunder (other than the Equipment Financing Facility which shall not be assumed by Purchaser) and are estimated as of the Closing Date and set forth on the Estimated Current Liabilities Schedule (which include items identified on Schedule
Estimated Current Liabilities mean Liabilities from the operations of the Business incurred in the Ordinary Course which (i) are estimated to be payable by the Business in the future to, but not yet invoiced by, the NRTC on account of the period prior to Closing; and (ii) the Parties agree are to be assumed by Purchaser hereunder (other than the Equipment Financing Facility which shall not be assumed by Purchaser) and are estimated as of the Closing Date and set forth on the Estimated Current Liabilities Schedule (which include items identified on Schedule 1.1(a), and exclude any Liabilities on account of Subscriber deposits and deferred or prepaid income or unearned revenue, which shall be set forth on the Estimated Operating Adjustments Schedule, and any Liabilities on account of the Cash Rebates).
Estimated Current Liabilities means the Current Liabilities set forth on the Estimated Closing Working Capital Statement.
Estimated Current Liabilities mean Liabilities from the operations of the Business incurred in the Ordinary Course which are estimated as of the Closing Date and set forth on the Estimated Current Liabilities Schedule (which include items identified on Schedule 1.1(b) and exclude any Liabilities on account of Subscriber deposits and deferred or prepaid income). "Estimated Current Liabilities Schedule" means the schedule of Estimated Current Liabilities attached hereto as Schedule 1.1(c). "Exchange Act" means the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder. "GAAP" means United States generally accepted accounting principles as in effect from time to time.
Estimated Current Liabilities has the meaning given to such term in Section 2.12(a).