Operating Liabilities definition

Operating Liabilities means Liabilities other than Capital Liabilities.

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Operating Liabilities as to Seller and Clinsite arising from the Business means the aggregate of the accounts payable, accrued expenses and unearned revenues (as to Clinsite relating to the Business) as of the Closing Date .

Operating Liabilities means, as of any date of determination, the aggregate of the net book values of the items listed under the captions "Current Liabilities" and "Non-current Liabilities" set forth in the "CKE Assumed Net Operating Liabilities" column on the Statement of Net Operating Liabilities (which amounts shall be based upon and determined on a basis consistent with the same items set forth on the Statement of Net Operating Liabilities).

Examples of Operating Liabilities in a sentence

• Unless Executive shall give notice to the Company objecting to the Company's calculation of Current Assets, Liabilities, Operating Liabilities or Operating Profit for any period (or any other calculation to be determined for the purposes of this Agreement) within thirty days after notice of the determination thereof by the Company, such calculation shall conclusively be deemed to have been accepted by the parties hereto.

• The Independent Accountant shall determine the Current Assets, Liabilities, Operating Liabilities or Operating Profit of the Company within thirty (30) days after its appointment and shall be instructed to deliver to the Company and the Executive a written report of its determination of the amount of such Current Assets, Liabilities, Operating Liabilities or Operating Profit.

• Operating Liabilities do not include (i) indebtedness for money borrowed or guarantees of any such indebtedness, (ii) refinancings of indebtedness of the kind referred to in clause (i) above, (iii) indebtedness in respect of any subscription agreement, stock or warrant "put" or "call" agreement, phantom stock agreement or similar obligation in respect of an equity or other interest in the Parent measured by an increase in the equity value of the Parent and (iv) current payables.

• For purposes of determining the Purchase Price, the amount used for Assumed Operating Liabilities shall be the amount of such liabilities that is reflected on the balance sheet of the Business as of the Closing Date, determined in accordance with GAAP consistently applied.

• Disclosure Schedule 3.6 sets forth all promissory notes, loans, lines of credits or similar obligations pursuant to which the Company is an obligor, together with all the amounts owed by the Company under such obligations, as of the Closing, and all liabilities under real property and equipment leases of the Company (the "Operating Liabilities").

More Definitions of Operating Liabilities

Operating Liabilities. Seller’s current liabilities, consisting solely of accounts payable, as set forth on Seller’s Financial Statements, as reflected on Schedule 2.8.

Operating Liabilities means, as of any date of determination, the aggregate net book values of the liabilities of the Quincy's Entities reflected in the items listed under the caption "Sample Calculation as of December 31, 1997" set forth on SCHEDULE A (which net book values shall be determined on a basis consistent with the same items set forth on SCHEDULE A); provided, however, that notwithstanding the foregoing, Operating Liabilities shall expressly exclude all Excluded Liabilities.

Operating Liabilities means the sum of the trade accounts payable, accrued expenses and other liabilities and accrued taxes payable (as such terms are employed in the balance sheet included in the Accounts) of each of the Companies determined as at the Pre-Closing Accounts Date;

Operating Liabilities means all Assumed Liabilities related to the operation of individual Acquired Properties, including, without limitation, Liabilities for employees, taxes, insurance, utilities, irrigation, maintenance, landscaping, clubhouse operations, equipment leases, liquor licenses and other Permits with respect to the operation of the Acquired Properties, and other Assumed Liabilities for any matters of the type for which AGC will be responsible under the AGC Leases.

Operating Liabilities. Seller’s operating liabilities as reflected on Exhibit J.

Operating Liabilities as of a given date, means the sum of the balances of the accounts classified as [“PO” [Spanish acronym of “Pasivos Operacionales] "OL" in Exhibit 9 in the Reference Balance Sheet, or if applicable, the consolidated financial statements of SQM Salar used for the respective calculation. "Chilean GAAP" means accounting principles generally accepted in Chile, including International Financial Reporting Standards as adopted by the International Financial Reporting Standards Board (IFRS).

Operating Liabilities means, as of a particular date, the sum of the Companies' accounts payable and amounts outstanding on all lines of credit, as determined in accordance with GAAP.