Other Accrued Liabilities definition
Other Accrued Liabilities means those accrued liabilities of Borrower and its Subsidiaries which are of the type that would be included as part of "Other accrued liabilities" on a Fiscal Year-end audited balance sheet of Borrower.
Other Accrued Liabilities. With respect to any Payment Date, the sum of (a) all amounts owing under the Insurance Agreement (other than the Insurance Premium and Insurer Accrued Liabilities), and not yet paid to the Insurer (including any premium payable pursuant to the Insurance Agreement as a result of a redemption of the Notes), and (b) interest on the foregoing amounts, the Insurance Premium and any Insurer Accrued Liabilities from the date incurred (or due, in the case of the Insurance Premium) to the date of payment to or reimbursement of the Insurer at the per annum rate set forth in the Insurance Agreement, and not yet paid to the Insurer.
Other Accrued Liabilities. For avoidance of doubt, the parties agree that the amounts reflected in the entries (or line items) on the applicable balance sheet entitled “Guaranteed Reserve Asset”, if applicable, and “Guaranteed Reserve Liability”, if applicable, shall not be considered in determining Net Working Capital. The Net Working Capital as of September 30, 2011 is set forth on Schedule 1.1A.
Examples of Other Accrued Liabilities in a sentence
As of February 3, 2007, the $30 million Pamida note is included in Deferred Taxes and Other Accrued Liabilities.
Other Accrued Liabilities Other accrued liabilities consisted of the following, (in thousands): OCTOBER 31, ---------------- 1998 ------ 1999 ------ Accrued warranty...........................................
FY 2006 FY 2005 Accounts Payable to other Federal Agencies $ 923 $ 774 Liability for Allocation Transfers 20,580 19,878 Accrued Liabilities, Federal 86,022 99,184 Total Intragovernmental $ 107,525 $ 119,836 Non-Federal: FY 2006 FY 2005 Accounts Payable, Non-Federal $ 106,156 $ 105,027 Advances Payable, Non-Federal 16 24 Interest Payable 7 7 Grant Liabilities 414,112 449,206 Other Accrued Liabilities, Non-Federal 205,376 176,014 Total Non-Federal $ 725,667 $ 730,278 Note 9.
During the 30-day review period, Buyer and Seller shall take reasonable and appropriate steps to verify the following line items (with their corresponding schedules) of the Preliminary Balance Sheet: Premiums Receivable, Restricted Investments, Deposits, Other Accrued Liabilities, Accounts Payable, Unearned Premiums and L/T Debt, Current Portion.
More Definitions of Other Accrued Liabilities
Other Accrued Liabilities provided such entry shall not include amounts for “Accrued Real Property Tax” and “Accrued Personal Property Tax”. For avoidance of doubt, the parties agree that (x) the amounts reflected in the entries (or line items) on the applicable balance sheet entitled “Guaranteed Reserve Asset”, if applicable, and “Guaranteed Reserve Liability”, if applicable, (y) the portion of the entry (or line item) on the applicable balance sheet entitled “Other Accrued Liabilities” representing “Accrued Real Property Tax” and “Accrued Personal Property Tax”, and (z) all amounts relating to reserves for estimated Medicare and Medicaid Cost Report settlements for any periods shall not be considered in determining Net Working Capital. Net Working Capital shall be prepared in accordance with GAAP (except as provided in Schedule 5.8), applied on a basis consistent with past practices using the same policies, methodologies and assumptions used in connection with the preparation of the determination of Net Working Capital set forth on Schedule 1.1A. The Net Working Capital as of August 31, 2011 is set forth on Schedule 1.1A.
Other Accrued Liabilities. With respect to any Payment Date, the sum of (a) all amounts owing under the Insurance Agreement (other than the Insurance Premium and Insurer Accrued Liabilities), and not yet paid to the Insurer, and (b) interest on the foregoing amounts, the Insurance Premium and any Insurer Accrued Liabilities from the date incurred (or due, in the case of the Insurance Premium) to the date of payment to or reimbursement of the Insurer at the per annum rate set forth in the Insurance Agreement, and not yet paid to the Insurer.
Other Accrued Liabilities means any liabilities incurred outside the normal course of business, including bonuses of any kind accrued, committed or promised, attorneys fees, accounting fees, financial advisor fees and other transaction related costs, including filing fees payable by SRC under Section 10.2 (which SRC shall accrue in full prior to Closing), any taxes other than the up to $630,000 in federal Built-In Gain taxes under Section 1374 of the Internal Revenue Code resulting from the Election or the closing of the purchase and sale of the Shares that is not paid immediately prior to the Closing in accordance with Section 3.2(j) (which SRC shall accrue in full prior to Closing), and all additional contributions, costs, liabilities, penalties and expenses, including attorneys' fees, accounting fees and other professional fees necessary to bring SRC's 401(k) Plan into compliance with ERISA and other applicable law and plan documents accrued by the SRC prior to Closing (based upon the advice of Ernst & Young llp, after consulting with Arthur Andersen llp about the ▇▇▇▇▇ ▇▇▇ ▇▇▇ adequacy of the accrual). Other Accrued Liabilities does not include Accounts Payable, Accrued and Current Liabilities or any indebtedness.
Other Accrued Liabilities means any current liabilities of the Business of a type described in Section 1.01(a)(i) of the Disclosure Schedule and accounted for under the line item “Other Accrued Liabilities” in the Balance Sheets.
Other Accrued Liabilities and "Intercompany - Trade Related", but only to the extent of the amount recorded on the Closing Statement of Assets and Liabilities;
Other Accrued Liabilities amounts and the "Other Non-Current Liabilities" amounts shown on the most recently delivered balance sheet shall reflect estimations of the respective Borrower's liabilities for many contingent liabilities, (although there may be other contingent liabilities of such Borrower which have not been included in such calculation) and (ii) no attempt has been made by the applicable Borrower to reflect in the calculation such non-balance-sheet assets as any contribution, indemnity and set-off rights against other Loan Parties or mark-ups of fixed assets to reflect current saleable values above th▇ ▇▇wer of cost or market values shown on the respective balance sheet.
Other Accrued Liabilities as determined in a manner consistent with the accounting practices used in the preparation of the combined statement of assets and liabilities of the Companies attached hereto as SCHEDULE 1.03(a)(iii), except that (A) no amounts shall be accrued in respect of acquisition reserves (other than any increases in acquisition reserves between May 31, 1999 and the Closing Date), (B) credit balances in "Accounts Receivable" shall be reclassified to "Accounts Payable - Trade,"