Common use of Minimum Working Capital Clause in Contracts

Minimum Working Capital. Borrower shall at all times maintain a minimum of $2,000,000.00 in current working capital on an aggregate and consolidated basis. Current working capital shall be defined as all Current Assets, less all Current Liabilities.

Minimum Working Capital. The Borrower shall at all times maintain a minimum of $2,000,000.00 in current working capital (on an aggregate and a consolidated basis) of not less than $1,000,000.00. Current For the purposes hereof, "working capital capital" shall be defined as all Current Assets, mean total consolidated current assets (including availability under the Revolving Loan Commitment) less all Current Liabilitiestotal consolidated current liabilities.

Minimum Working Capital. Borrower shall maintain minimum Working Capital of at all times maintain a minimum least Twenty-Five Million ($25,000,000.00) Dollars. For purposes of $2,000,000.00 in this Agreement, the term “Working Capital” shall mean total current working capital on an aggregate and consolidated basis. Current working capital shall be defined as all Current Assets, less all Current Liabilitiesassets minus total current liabilities.

Minimum Working Capital. The Borrower shall at all times maintain a minimum of $2,000,000.00 in current working capital on an aggregate and consolidated basis. Current working capital shall be (defined as all Current Assetscurrent assets less current liabilities, excluding the term loan) of not less all Current Liabilitiesthan $10,000,000 as of December 31, 1996 and $7,000,000 as of the end of each subsequent month.