Common use of Current Liabilities Clause in Contracts

Current Liabilities. The term "Current Liabilities" shall mean, with respect to the Company, all obligations of the Company that are required by their terms to be repaid within one year from the Closing Date.

Appears in 13 contracts

Sources: Stock Purchase Agreement (General Roofing Services Inc), Stock Purchase Agreement (General Roofing Services Inc), Stock Purchase Agreement (General Roofing Services Inc)

Current Liabilities. The term "Current Liabilities" shall mean, with respect to the each Company, all obligations of the Company Companies that are required by their terms to be repaid within one year from the Closing Date.

Appears in 1 contract

Sources: Stock Purchase Agreement (General Roofing Services Inc)