Current Capital definition

Current Capital means the sum of an entity's current assets, plus any short term investments which are able to be liquidated at market rates within 3 Business Days less liabilities and any predefined excluded assets;
View Source
Current Capital shall have the meaning ascribed in the recitals. “Dollars” or “USD” means dollars of the United States of America.
View Source

Examples of Current Capital in a sentence

  • The Utility Plant In-Service, Used and Useful to both City Customers and Township Customers as further described in the Schedule of Public Water Supply System Current Capital Assets.

  • The Utility Plant In-Service Used and Useful only to the Township Customers as further described in the Schedule of Public Water Supply System Current Capital Assets.

  • It is understood by both the parties that Mr. ▇▇▇▇▇▇▇▇’▇ ▇▇le here as consultant is independent of his role as the owner of Current Capital Corp., which is hired to provide investor and media relations services under a separate contract and that there is no overlapping of functions in such capacities.

  • The land, facilities and equipment currently used to generate, transmit, and/or distribute water and/or water service(s) to the Customers of the Public Water System as identified in the Schedule of Public Water Supply System Current Capital Assets, (Appendix B).

  • The Utility Plant In-Service Used and Useful only to City Customers as further described in the Schedule of Public Water System Current Capital Assets.

  • Property and property rights of the Public Water Supply System as identified in the Schedule of Public Water System Current Capital Assets, (Appendix B.).

  • The Company Board has received the opinion of Current Capital Securities LLC (the “Fairness Opinion”) to the effect that, as of the date of such opinion and based upon and subject to the procedures followed, assumptions made, qualifications and limitations on the review undertaken, and other matters considered in connection with the preparation thereof as set forth therein, the Exchange Ratio is fair, from a financial point of view, to the holders of Company Common Stock.

  • Except for Lazard Freres & Co. LLC and Current Capital Partners LLC, a copy of whose engagement agreements have been provided to Simplify, there is no investment banker, broker, finder or other intermediary that has been retained by or is authorized to act on behalf of Arena or any of its Subsidiaries who might be entitled to any fee or commission from Arena or any of its Subsidiaries.

  • The monthly cost will be based on the average of the preceding three months' actual costs and shall be charged to Current Capital on a quarterly basis.

  • Changes to Business Plan, Financial Projections and Projected Current Capital Expenditures.

Related to Current Capital

  • Net Capital as used in this rule, shall mean the difference between total assets and total indebtedness, as determined by generally accepted accounting principles, consistently applied, and thereafter adjusted pursuant to paragraph (K)(2) of this rule.

  • Parent Capital Stock means Parent Common Stock and Parent Preferred Stock.

  • Minimum capital or "minimum required capital" means the capital that must be constantly maintained by a stock insurance corporation as required by statute.

  • Equity Capital means capital invested in common or preferred stock, royalty rights, limited partnership interests, limited liability company interests, or any other security or rights that evidence ownership in a private business.

  • Tier 2 Capital has the meaning given to the term “Tier 2 capital” in 12 C.F.R. Part 217, as amended, modified and supplemented and in effect from time to time or any replacement thereof.