Initial Working Capital definition

Initial Working Capital as defined in Section 2.7(a).

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Initial Working Capital has the meaning set forth in Section 2.4(a).

Initial Working Capital shall have the meaning given to such term in Section 5.1.

Examples of Initial Working Capital in a sentence

• If the Ending Working Capital Balance exceeds the Initial Working Capital Balance, Lessor shall pay over to Lessee cash in the amount of such excess within thirty (30) days of such determination.

• If the Ending Working Capital Balance is less than the Initial Working Capital Balance, Lessee shall pay over to Lessor cash in the amount of such deficiency, within thirty (30) days of such determination.

• Additionally, both the Initial Working Capital Balance and the Ending Working Capital Balance shall be calculated without the inclusion of any "in circulation" operating or consumable supplies ("In-Circulation Supplies").

• Promptly after the month in which the Effective Date occurs, the parties shall agree on the amount of the Initial Working Capital which Manager so contributed.

• Apple shall make available to the Orthodontic Entity an interest free line of credit ("Initial Working Capital Line") for the initial working capital needs of the Orthodontic Entity, up to a maximum amount equal to the reduction in Net Operating Amount attributable to changes in patient payment schedules.

More Definitions of Initial Working Capital

Initial Working Capital means those items that are required as part of the base of the business and includes, but is not limited to, deposits for utilities, rent, down payments for insurance and lease purchases, purchase of office supplies and incidentals and petty cash.

Initial Working Capital means Working Capital as of September 30, 2012 as set forth on Schedule 1.1(a).

Initial Working Capital shall have the meaning set forth in the Term Sheet.

Initial Working Capital shall have the meaning set forth in Section 2.05 hereof.

Initial Working Capital means the Working Capital in the Initial Financial Statements.

Initial Working Capital means $16.709 million, being the amount equal to "current assets" minus "current liabilities" as reflected on the Initial Statement of Working Capital.

Initial Working Capital means the aggregate amount of the Accounts Receivable, the Inventories, the Acuna Accounts Receivable and the Acuna Inventories, minus the aggrega▇▇ ▇▇ount of the Accounts Payable, ▇▇▇ Accrued Liabilities, the Acuna Accounts Payable and the Acuna Accrued Liabilities, all as shown ▇▇ ▇he Interim Balance Sheet o▇ ▇▇▇ Acuna Interim Balance Sheet, as the case may be. Taking into account t▇▇ ▇▇ovisions of Section 2.7(d), the Initial Working Capital is stipulated and agreed by the parties to be $20,040,000.00.