NET WORTH AND WORKING CAPITAL Clause Samples
NET WORTH AND WORKING CAPITAL. On the Closing Date, the Net Worth of the Company, as determined in accordance with the Accounting Principles, will be equal to or greater than the December 31 Net Worth. On the Closing Date, the net working capital of the Company, as reflected on the Estimated Closing Date Balance Sheet (as defined in SECTION 6.6 hereof) will be equal to or greater than the net working capital of the Company as of December 31, 1995 as reflected on the Company Balance Sheet and such net working capital will be sufficient to operate the businesses of the Company consistent with past practice.
NET WORTH AND WORKING CAPITAL. The Net Worth of the Partnership on the Closing Date, as determined in accordance with the Accounting Principles, will be equal to or greater than the Net Worth of the Partnership as of September 30, 1996 except for any LIFO inventory adjustment to increase the LIFO reserve. The net working capital of the Partnership as of the date hereof is sufficient to operate the businesses of the Partnership and to satisfy any working capital requirements of Chrysler.
NET WORTH AND WORKING CAPITAL. The Net Worth (Changes to Equity/Net Assets) Report shows changes to the Contractor's net assets on a quarterly and annual basis. This report is completed on a Contractor-Wide basis and not NHD Program Specific. The design of the report is self-explanatory and serves as the instructions. As indicated on the report, please provide description to any amounts entered as "other". The Working Capital Analysis section reports the entity's cash flows during the reporting period. This report is completed on a Contractor-Wide basis and not NHD Program Specific. The Working Capital Analysis is segregated by sources and uses of funds. The design of the report is self-explanatory and serves as the instructions. As indicated on the report, please provide description to any amounts entered as "other". Amendment 001 Agreement Number XQ744