Change in Working Capital definition

Change in Working Capital means, with respect to the Lead Borrower and the Restricted Subsidiaries on a consolidated basis at any date of determination, the amount of Changes in Current Assets and Liabilities; provided that, Changes in Working Capital shall be calculated without regard to any Changes in Current Assets and Liabilities as a result of (a) any reclassification in accordance with GAAP of assets or liabilities, as applicable, between current and noncurrent or (b) the effects of (i) any Disposition and acquisition, in each case, of any person, or line of business, consummated during such period and (ii) the application of purchase accounting.

Change in Working Capital means, with respect to the Borrower and the Restricted Subsidiaries on a consolidated basis at any date of determination, the amount of Changes in Current Assets and Liabilities; provided that, Changes in Working Capital shall be calculated without regard to any Changes in Current Assets and Liabilities as a result of (a) any reclassification in accordance with GAAP of assets or liabilities, as applicable, between current and noncurrent, (b) the effects of purchase accounting or (c) the effect of fluctuations in the amount of accrued or contingent obligations under Swap Agreements.

Change in Working Capital means, in relation to any relevant Accounting Period, the difference (whether negative or positive) of (a) the amount of Working Capital as at the last day of such Accounting Period, minus (b) the amount of Working Capital as at the first day of such Accounting Period, but without taking account of any prepayment made during such Accounting Period pursuant to this Clause 5.1(c) (Repayment of the Loan).

Examples of Change in Working Capital in a sentence

• Table 4: Table showing the net change by NERC program area from the Original Budget to the Amended Budget, for major budget categories of Funding (Assessments), Funding (Other), Direct Expenses, Indirect Expenses, Other Non-Operating Expenses, Total Expenses, Fixed Asset Additions, Net Financing Activity, Total Budget, and Change in Working Capital.

• The Change in Working Capital necessitates an additional use of the System Operator Certification Reserve of $15,815 ( see Table 4).

• Nevertheless, under PLS modes, IBs should be careful in allocating funds because the failure of any project they finance will incur a loss not only for the IB but also for depositors.

• As noted earlier, one set of supportive comments was received, which is also posted on the NERC website.Expenses, Other Non-Operating Expenses, Total Expenses, Fixed Asset Additions, Net Financing Activity, Total Budget, and Change in Working Capital.

• The Amended Budget does not include any changes in staffing from the FTE staffing presented in the Original Budget.System Operator Certification Program (which is not funded by assessments) is budgeted based on expected revenue from program-related fees rather than budgeted expenses; therefore, the Change in Working Capital for this program is adjusted.

More Definitions of Change in Working Capital

Change in Working Capital means, for a period, the amount equal to the sum of the accounts receivable, accounts payable, inventory cash costs and prepaid expenses, all in respect of the Properties, as of the end of the period, less the sum of those same amounts at the end of the preceding period, such working capital to be managed by the Owner in good faith.

Change in Working Capital with respect to the Borrower and the Restricted Subsidiaries on a consolidated basis at any date of determination, the amount of Changes in Current Assets and Liabilities; provided that, Changes in Working Capital shall be calculated without regard to any Changes in Current Assets and Liabilities as a result of (a) any reclassification in accordance with GAAP of assets or liabilities, as applicable, between current and noncurrent, (b) the effects of (i) any Asset Disposition and acquisition, in each case, of any person, manufacturing facility or line of business, consummated during such period and (ii) the application of purchase accounting or (c) the effect of fluctuations in the amount of accrued or contingent obligations under Hedging Agreements.

Change in Working Capital means, for any period, Working Capital as of the end of such period minus Working Capital as of the beginning of such period.

Change in Working Capital the cumulative positive or negative change in Working Capital of the US Operations as determined by XFone’s independent auditors in accordance with GAAP and consistent with the financial statements for the US Operations, beginning with the Effective Date through the end of the fiscal year in which the Effective Date occurred and each fiscal year thereafter.

Change in Working Capital means, for any Excess Cash Period, the lesser of (i) the amount equal to the Working Capital as of the end of such period minus the Working Capital at the beginning of such period and (ii) 5% of the revenues of the Issuer and its Restricted Subsidiaries (excluding Telecom Personal and its Subsidiaries) for the last four consecutive fiscal quarters ending on such date.

Change in Working Capital means, with respect to the Borrower and the Restricted Subsidiaries on a consolidated basis at any date of determination, the amount of Changes in Current Assets and Liabilities; provided that, Changes in Working Capital shall be calculated without regard to

Change in Working Capital means, with respect to the Borrower and the Subsidiaries on a Combined basis at any date of determination, the amount of Changes in Operating Assets and Liabilities; provided that, for purposes of calculating Excess Cash Flow, Changes in Working Capital shall be calculated without regard to any Changes in Operating Assets and Liabilities as a result of (a) any reclassification in accordance with GAAP of assets or liabilities, as applicable, between current and noncurrent, (b) the effects of purchase accounting or (c) the effect of fluctuations in the amount of accrued or contingent obligations under Swap Agreements.