Company Historical Net Working Capital means the Three Million Five Hundred Seventeen Thousand Eight Hundred Canadian Dollar (CDN$3,517,800) net working capital of Company calculated as set forth on Exhibit C attached to the Agreement.
Target Net Working Capital means $0.
Target Working Capital means $0.
Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).
Estimated Net Working Capital has the meaning set forth in Section 2.3(a).
Consolidated Working Capital means, as at any date of determination, the excess of Current Assets over Current Liabilities.
Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).
Actual Working Capital has the meaning set forth in Section 2.7(a).
Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Adjusted Working Capital means the remainder of (a) the consolidated current assets of the Obligors minus the amount of cash and cash equivalents included in such consolidated current assets, minus (b) the consolidated current liabilities of the Obligors minus the amount of consolidated short-term Debt (including current maturities of long-term Debt) of the Obligors included in such consolidated current liabilities.
Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).
Estimated Working Capital has the meaning set forth in Section 2.3(a).
Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Net Working Capital Target means $0.00.
Target Net Working Capital Amount means $5,000,000.
Adjusted Consolidated Working Capital means, at any time, Consolidated Current Assets (but excluding therefrom all cash and Cash Equivalents) less Consolidated Current Liabilities at such time.
Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the open of business on the Closing Date.
Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).
Working Capital means, with respect to the Borrower and the Subsidiaries on a consolidated basis at any date of determination, Current Assets at such date of determination minus Current Liabilities at such date of determination; provided, that, for purposes of calculating Excess Cash Flow, increases or decreases in Working Capital shall be calculated without regard to any changes in Current Assets or Current 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 purchase accounting.
Consolidated Working Capital Adjustment means, for any period of determination on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.
Final Working Capital has the meaning set forth in Section 2.04(b).
Target Working Capital Amount means $75,000,000.
Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Base Working Capital means $25,000,000.
Closing Date Working Capital has the meaning specified in Section 2.3(b).