Operating Capital definition

Operating Capital means such amount in the Operating Bank Accounts as will be reasonably sufficient to assure the timely payment of all current liabilities of the Project, including the operations of the Casino, during the term of this Agreement, and to permit Manager to perform its management responsibilities and obligations hereunder, with reasonable reserves for unanticipated contingencies and for short term business fluctuations resulting from monthly variations from the Operating Budget.
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Operating Capital means the net investment employed in the operations ----------------- of the Company produced by operations. Operating Capital is calculated by adding together current assets (excluding cash and short-term marketable securities), net property, plant and equipment, gross goodwill, net intangibles, other assets, and capitalized research and development, and the present value of operating leases, and subtracting the following: non-interest bearing liabilities and capital associated with discontinued operations.
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Operating Capital means the net investment employed in the operations
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Examples of Operating Capital in a sentence

  • FINANCIAL MANAGEMENT POLICIES / BUSINESS PLAN This report complies with the Municipality’s Multi-Year Financial Strategy, the approved Operating, Capital and Reserve budgets, policies and procedures regarding withdrawals from the utilization of Capital and Operating reserves, as well as any relevant legislation.

  • This report complies with the Municipality’s Multi-Year Financial Strategy, the approved Operating, Capital and Reserve budgets, policies and procedures regarding withdrawals from the utilization of Capital and Operating reserves, as well as any relevant legislation.

  • To indicate that the expenditure is made from the Restricted/Reserved Account for Operating Capital, use Finance Code 302, Operating Capital.

  • The total of "Materials, Supplies, Operating Capital Outlay" should agree to "Materials, Supplies, Operating Capital Outlay" reported in the previous section.

  • Operating Capital ExpendituresAs previously announced, the Company expects its three-year average annual operating capital expenditures to be within the range of $450 million to $500 million from 2018 to 2020.


More Definitions of Operating Capital

Operating Capital shall have the meaning set forth in Section 4.2.1.
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Operating Capital is defined in Section 3.4(b).
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Operating Capital means start-up costs of general
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Operating Capital means sufficient assets on hand to cover the initial start-up expenses for the initial period of licensure.
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Operating Capital means the sum of the general ledger accounts of the Company set forth onSchedule 2.3 as of the date of determination. “Parties” shall mean the Company, the Merger Sub and Parent, together, and singly each shall mean a “Party”.
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Operating Capital means cash available from operations, as set out in the Monthly Projections; STRICTLY CONFIDENTIAL ---------------------
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Operating Capital means (A) net accounts receivable plus Inventory, plus investments since November 30, 1998 in fixed assets, less (B) accounts payable. "Final Operating Capital" shall mean Operating Capital of the Business as reflected in the Closing Balance Sheet referred to in Section 2.2(b); and "Target Operating Capital" shall mean Operating Capital of the Business as reflected on the November 30, 1998 Balance Sheet.
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