Initial Adjusted Working Capital definition

Initial Adjusted Working Capital means $18,121,000.
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Initial Adjusted Working Capital means $24.078 million, being the amount equal to "current assets" minus "current liabilities" as reflected on the Initial Statement of Adjusted Working Capital.
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Examples of Initial Adjusted Working Capital in a sentence

  • The “Adjustment Amount” (which may be a positive or negative number) will be equal to the difference between the Initial Adjusted Working Capital Estimate and the Closing Working Capital.

  • To the extent that the Final Statement of Adjusted Working Capital shows that Final Adjusted Working Capital is less than Initial Adjusted Working Capital, Seller shall pay such difference to Buyer in immediately available funds within two (2) Business Days of Seller’s delivery of such Final Statement of Adjusted Working Capital.

  • To the extent that the Final Statement of Adjusted Working Capital shows that Final Adjusted Working Capital is greater than Initial Adjusted Working Capital, Buyer shall pay such excess to Seller in immediately available funds within two (2) Business Days of Seller’s delivery of such Final Statement of Adjusted Working Capital.

  • In Europe, we started data collection from our tenants and look forward to improving our data coverage, which currently stands at 15 out of 35 properties.We also continuously seek for ways to improve the energy efficiency of our properties while reducing reliance on non-renewable energy sources.

  • The pre-closing statement must contain a statement of the amount by which the Initial Adjusted Working Capital Estimate exceeds the Target Working Capital (the “Initial Working Capital Excess”) or the Target Working Capital exceeds the Initial Adjusted Working Capital Estimate (the “Initial Working Capital Deficiency”).

  • The pre-closing statement must contain a statement of the amount by which the Initial Adjusted Working Capital Estimate exceeds the Target Working Capital (the “ Initial Working Capital Excess”) or the Target Working Capital exceeds the Initial Adjusted Working Capital Estimate (the “ Initial Working Capital Deficiency”).

Related to Initial Adjusted Working Capital

  • 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.

  • Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;

  • 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.

  • Working Capital Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Working Capital Adjustment has the meaning set forth in Section 2.5(a).

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Estimated Working Capital has the meaning set forth in Section 2.3(a).

  • 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.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).

  • Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • 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.

  • Base Working Capital means $25,000,000.

  • Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).

  • Actual Working Capital has the meaning set forth in Section 2.7(a).

  • Final Working Capital has the meaning set forth in Section 2.04(b).

  • Consolidated Working Capital means, as at any date of determination, the excess of Current Assets over Current Liabilities.

  • Estimated Net Working Capital has the meaning set forth in Section 2.3(a).

  • Working Capital Amount means the difference between (x) the total current assets of the Company and its Subsidiaries and (y) the total current liabilities (other than the New Company Debt, the Existing Company Debt and Deal Expenses) of the Company and its Subsidiaries (in each case calculated in accordance with GAAP immediately prior to the Effective Time and after giving effect to the Contribution, the Distribution and the disposition of cash and cash equivalents contemplated by Section 6.24).

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • 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.