Working Capital Peg exceeds the Estimated MCK Net Working Capital, which amount shall be expressed as a negative number, or (iii) if the Estimated MCK Net Working Capital is equal to the MCK Net Working Capital Peg, zero.
Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.
Target Net Working Capital means $0.
Net Working Capital Target means $0.00.
Target Net Working Capital Amount means $5,000,000.
Target Working Capital means $0.
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.
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Target Working Capital Amount means $75,000,000.
Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).
Working Capital Target means $0.
Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).
Base Working Capital means $25,000,000.
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).
Final Closing Working Capital has the meaning set forth in Section 2.5(d).
Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).
Consolidated Working Capital means, as at any date of determination, the excess of Current Assets over Current Liabilities.
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 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).
Actual Working Capital has the meaning set forth in Section 2.7(a).
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.
Estimated Working Capital has the meaning set forth in Section 2.3(a).