Total Adjusted Liabilities definition

Total Adjusted Liabilities means total liabilities as stated in an audited financial

Total Adjusted Liabilities means total liabilities minus deferred taxes of the Company, the Subsidiary Guarantors and their Subsidiaries, all as determined on a consolidated basis, in accordance with GAAP.

Total Adjusted Liabilities means for any fiscal quarter, the sum of (i) the daily average funded indebtedness for such fiscal quarter, plus (ii) all other consolidated liabilities, determined in accordance with GAAP, as of the last day of such fiscal quarter.

Examples of Total Adjusted Liabilities in a sentence

• Suffer or permit the ratio of (A) the sum of Total Adjusted Liabilities to (B) Adjusted Tangible Net Worth to be more than 3:1 at any time.

• Maintain a ratio of the Total Adjusted Liabilities to Tangible Net Worth of not more than (a) 6.0 to 1.0 as of the last day of each fiscal quarter ending on or before December 31, 1997, (b) 5.25 to 1.0 as of the last day of each fiscal quarter ending after December 31, 1997 but on or before December 31, 1998 and (c) 4.5 to 1.0 as of the last day of each fiscal quarter thereafter.

• Seller shall at all times maintain the ratio of Total Adjusted Liabilities to Adjusted Tangible Net Worth no greater than 15:1, to be measured as of the date of any financial statements under Section 12.4(a)(i) or (iii).

• The Total Adjusted Liabilities are defined as Total Consolidated Liabilities less Dividends provisioned, according to policy included in the Statement of Changes in Equity, plus the amount of all guarantees issued by the Company and its subsidiaries that are cautioned by real guarantees, except as noted in the contract.

• The child’s basic needs are being met.• However, there are many other, more serious situations which fall somewhere between the children’s basic needs being met and child maltreatment.

More Definitions of Total Adjusted Liabilities

Total Adjusted Liabilities as are set forth in Section 4.6 of the Company Disclosure Letter, as adjusted by such operating working capital inclusions and exclusions as are noted in Section 4.6 of the Company Disclosure Letter. For purposes of calculating the Final Working Capital Amount, Total Adjusted Liabilities will be reduced by the amount of (i) (A) the expenses actually incurred by the Company or any Subsidiary of the Company in connection with this Agreement or the transactions contemplated hereby (including, without limitation, legal, investment banking, audit, board of directors and consulting fees) and (B) the estimated legal, investment banking, audit, board of directors and consulting expenses not actually incurred but reasonably expected to be incurred by the Company or any Subsidiary of the Company in connection with this Agreement or the transactions contemplated hereby, up to $2,000,000 in the aggregate for both cases, and (ii) the Tail Premium (as defined in Section 6.12(c)). Each element of the Final Working Capital Amount shall be determined in accordance with GAAP and on the same basis and applying the same accounting principles, policies and practices that were used in calculating the September 30, 2004 Company Financial Statements.

Total Adjusted Liabilities means total liabilities as stated in an audited financial statement less obligations subordinated to claims of general creditors with a remaining term to maturity in excess of three years.

Total Adjusted Liabilities means, without duplication, (A) the sum of (i) Funded Indebtedness of Amtran and its Affiliates, (ii) any payment in respect of Funded Indebtedness of Amtran and its Affiliates due within one year from any date of determination, (iii) the total accrued Interest Expenses, and (iv) three and one-half (3 1/2) times Amtran's and its Affiliates' projected capital and operating lease rental expenses for the immediately succeeding twelve month period less (B) the total amount of all Cash Equivalents.

Total Adjusted Liabilities. The total liabilities minus deferred taxes of Delta Financial Corporation and its subsidiaries, as determined on a consolidated basis, in accordance with GAAP.

Total Adjusted Liabilities means “Total Liabilities” less (i) “Due to Related” and less (ii) “Subordinated Debt,” and (B) “Adjusted Net Worth” shall mean “Net Worth” less (i) “Intangible Assets,” less (ii) “Due From Related,” plus (iii) “Due to Related” multiplied by the percentage subordinated to the Lender and any other institutional lender, plus (iv) “Subordinated Debt” multiplied by the percentage subordinated to the Lender and any other institutional lender, plus (v) the “Minority Interest” multiplied by the percentage subordinated to the Lender and any other institutional lender all as shown on the financial statements submitted by Comstock Holding and Comstock Service.

Total Adjusted Liabilities. As of any date of determination, the sum of (i) the total liabilities of Borrower on any given date of determination, to be determined in accordance with GAAP consistent with those applied in the preparation of Borrower’s financial statements, plus (ii) to the extent not already included under GAAP, the total aggregate outstanding amount owed by Borrower under any purchase, repurchase, refinance or other similar credit arrangements, plus (iii) to the extent not already included under GAAP, any “off balance sheet” purchase, repurchase, refinance or other similar credit arrangements, plus (iv) the gross amount of repurchase financing related to Linked Transactions, minus (v) non-recourse debt.

Total Adjusted Liabilities means, at any time the same is to be determined, an amount equal to (i) the aggregate of all indebtedness, obligations, liabilities, reserves and any other items which would be listed as a liability on a balance sheet of the Borrower determined in accordance with GAAP, less (ii) the aggregate principal amount of Subordinated Debt of the Borrower owing to Holdings, less (iii) the unrealized losses (determined on a netting basis) relating to the Borrower’s Hedging Agreements.