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
Other Accrued Liabilities At July 31, 1996 and 1995, other accrued liabilities consist primarily of clinical costs related to the Phase II clinical trials of CPC-111.
Such amounts are included in Other accrued liabilities on the Balance Sheets and are shown in Note 7, Other Accrued Liabilities.
A third-party administrator makes benefit payments, and an estimate of our liability for unpaid and incurred but not reported claims is included in Other Accrued Liabilities.
Contractor retainage is included in Other Accrued Liabilities of the Special Revenue Fund.
Measurement period adjustments to the previously disclosed preliminary fair value of net assets related to the CI Acquisition were recorded in 2023, resulting in a 0$.9 million net increase in goodwill and corresponding $0.9 million net increase in Other Accrued Liabilities for the three months ended March 31, 2023.
More Definitions of Other Accrued Liabilities
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 xxxxx xxx xxx adequacy of the accrual). Other Accrued Liabilities does not include Accounts Payable, Accrued and Current Liabilities or any indebtedness.
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 and "Intercompany - Trade Related", but only to the extent of the amount recorded on the Closing Statement of Assets and Liabilities;
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 which shall include the IBNR, and (iv) “MedCath Working Capital Loan.” 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” and “Guaranteed Reserve Liability,” if applicable, 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 (including, for avoidance of doubt, with respect to IBNR) 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 March 31, 2012 is set forth on Schedule 1.1A.
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 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 thx xxwer of cost or market values shown on the respective balance sheet.