Total Current Liabilities definition

Total Current Liabilities means total current Indebtedness determined in accordance with GAAP.

Total Current Liabilities as reflected on the Closing Balance Sheet will include: (w) accounts payable; (x) accrued taxes, payroll and benefits; (y) other “Current Liabilities”; and (z) the current portion (due within twelve (12) months) of any Debt. Each of the foregoing terms will be determined in accordance with GAAP, as consistently applied, to the extent described above except as otherwise provided in this Section 2.3(b). “Debt” means all funded indebtedness, determined without duplication, and includes notes; capitalized leases; bank term and revolving credit loans; obligations related to drawn letters of credit; bonds evidencing funded indebtedness; debentures; borrowings from lending institutions other than banks; subordinated loans and subordinated debt securities with or without stated maturity; bank bills; bank overdrafts; obligations with respect to the factoring or discounting of accounts receivable and other instruments; any dividends payable to the holders of Company Shares; and accrued interest and expense and penalties on any of the foregoing (including prepayment penalties). For the avoidance of doubt, a sample calculation of Net Working Capital is attached hereto as Schedule 2.3(c).

Total Current Liabilities means, at any time, the total liabilities of the Company and its Restricted Subsidiaries which would be shown as current liabilities on a balance sheet of the Company and its Restricted Subsidiaries prepared in accordance with GAAP at such time.

Examples of Total Current Liabilities in a sentence

• The bulk of this year’s Current Liabilities is comprised of Trade and Other Payables amounting to PHP2.55 billion, or representing 72% of Total Current Liabilities.

• Current LiabilitiesCash Accounts payable Short Term cash investments Notes payable (current) Accounts receivable, less allowance for doubtful accounts of $ Current portion of long term debt Accrued expenses Inventories Accrued taxes on income/excess profits Other current assets (Itemize below) Other current liabilities (Itemize below) Total Current Assets Total Current Liabilities B.

• Meanwhile, relative to its investment in the Power Plant, the Company recorded another PHP2.03 billion Current Liabilities, resulting to a consolidated Total Current Liabilities of PHP5.52 billion.

• The Company’s Total Current Liabilities of PHP3.53 billion increased by 116% from PHP1.64 billion in 2008.

• Accrued expenses26 1,809,150 1,489,303 Total Current Liabilities: 5,516,337 2,904,751Total Shareholders’Equity and Liabilities 121,238,207 121,406,949 Notes on pages 12 through 32 constitute an integral part of these financial statements.

More Definitions of Total Current Liabilities

Total Current Liabilities means, for any Person, all liabilities that, in accordance with GAAP, would be classified as current liabilities on the balance sheet of a company conducting a business the same as or similar to that of such Person.

Total Current Liabilities means the amount equal to the sum of Final Current Liabilities in this Agreement and Final Current Liabilities calculated pursuant to the PMSI Agreement; "Current Asset Allocation Amount" shall mean the amount equal to the product of (A) the quotient of Final Current Assets in this Agreement divided by Total Combined Assets multiplied by (B) the Total Working Capital Deficit or Total Working Capital Surplus, as the case may be; and "Total Combined Assets" shall mean the sum of Final Current Assets under this Agreement and Final Current Assets calculated under the PMSI Agreement.

Total Current Liabilities shall have the meaning set forth in Schedule 1.01(h) attached hereto.

Total Current Liabilities. Total Current Liabilities" means total current liabilities in accordance with GAAP.

Total Current Liabilities means, at a particular date, all amounts which would, in conformity with GAAP, be included under current liabilities on a balance sheet of the Borrower as at such date and shall include, without limitation (a) all obligations payable on demand or within one year after the date on which the determination is made, and (b) all obligations of the Borrower under the Revolving Credit Facility.

Total Current Liabilities means, as at any date of determination, the sum, for Borrower and its Subsidiaries (determined on a consolidated basis without duplication in accordance with GAAP), of all current liabilities that should, in accordance with GAAP, be classified as current liabilities on the consolidated balance sheet of Borrower and its Subsidiaries as at such date.

Total Current Liabilities means the sum of the amounts of accounts payable, salaries & wages payable, commissions payable and accrued expenses as of the end of the day for which the calculation is made.