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, 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 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 Swap Agreements.

Examples of Change in Working Capital in a sentence

• Performance share plan (for plans issued in 2016 and 2017)Shares granted under this performance share plan vest at the end of the three-year period, subject to performance conditions, 25% based on Positive Absolute Total Shareholder Return (Absolute TSR), 25% based on Relative Total Shareholder Return (Relative TSR) and 50% based on budgeted Earnings Before Interest Tax Depreciation and Amortization (EBITDA) minus Capital Expenditure (Capex) minus Change in Working Capital (CWC) (Free Cash Flow).

• This approach requires assumptions about earnings before taxes, interest, depreciation and amortization (“EBITDA”), capital expenditures, growth rates, working capital and discount rates.Projected EBITDA, Capital Expenditures and Change in Working Capital Projected EBITDA, net of capital expenditures and adjustments for change in working capital are used by the Company to determine anticipated future cash flows.

• Change in Working Capital Components of working capital are projected according to historical relationships with respect to revenue and cost of revenue and G&A expenses.

• Capital Investment ($5.0) ($20.0) Depreciation 5.0% $1.0 Change in Working Capital 8.3% ($8.3) Net Cash Flow ($5.0) ($15.0) ($30.0) ($50.0) ($50.0) ($50.0) $18.8 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Cash Flow Analysis 1.

• Capital Investment ($5.0) ($20.0) Depreciation Change in Working Capital Net Cash Flow ($1.3) ($5.3) ($15.6) ($30.7) ($52.7) ($50.4) ($55.4) $8.9 Stage Probability of Success Cumulative POS Discount Factor raNPV NPV Licensor's Return Total License Payments Tax After tax value of royalties Stage Probability of Success Cumulative POS Discount Factor raNPV of License Payments NPV $0.8 $0.2 $0.3 $0.3 $1.2 $0.1 $1.8 $4.6 Stage Cash Flow Analysis 1.

More Definitions of Change in Working Capital

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).

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 means, for any period, the amount ------------------------- (whether positive or negative) by which Consolidated Working Capital for such period changes from the Consolidated Working Capital for the immediately preceding 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 (a) 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 (b) 5% of the revenues of the Borrower 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, for any period, the increase or the decrease of the difference between current assets (net of cash) and current liabilities (net of short term debt and the current portion of long term debt) as reflected on the Borrower's consolidated balance sheet delivered to the Agent and the Lenders pursuant to Section 9.1 or 9.3(a) of the Loan Agreement over $50,832,000, which is the difference between current assets (net of cash) and current liabilities (net of short term debt and the current portion of long term debt) as reflected on the Borrower's consolidated balance sheet for the fiscal quarter ending March 31, 2000."

Change in Working Capital means, in any measurement period: (i) Any variation of the operating cash; plus (ii) Any variation of the trade accounts receivable and other accounts receivable; plus (iii) Any variation of the accounts receivable from Related Parties from commercial transactions; plus (iv) Any variation of the inventories; plus (v) Any change in other current assets; less