Working Capital Borrowings means borrowings incurred pursuant to a credit facility, commercial paper facility or similar financing arrangement that are used solely for working capital purposes or to pay distributions to the Partners; provided that when such borrowings are incurred it is the intent of the borrower to repay such borrowings within 12 months from the date of such borrowings other than from additional Working Capital Borrowings.
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Final Working Capital has the meaning set forth in Section 2.4(b)(iii).
Closing Date Net Working Capital has the meaning specified in Section 3.4(a).
Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.
Final Closing Working Capital has the meaning set forth in Section 2.4(e).
Working Capital Amount shall have the meaning specified in Section 3.4(e).
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.
Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).
Target Working Capital Amount means $162,000,000.
Target Working Capital has the meaning set forth in Section 2.06(a)(ii).
Local Facility means any of them.