Minimum Working Capital Requirement definition

Minimum Working Capital Requirement. Not applicable (d) Limitation on Purchase Money Security Interests: Not applicable (e) Limitation on Equipment Leases: Not applicable (f)
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Minimum Working Capital Requirement means the average monthly working capital for the twelve-month period ended April 30, 2021, which shall include the Required Cash on Hand, but shall not include the McKesson Claim as a part of the Accounts Payable.
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Minimum Working Capital Requirement means the average monthly working capital for the twelve-month period ended December 31, 2019.
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Examples of Minimum Working Capital Requirement in a sentence

  • Borrower will at all times maintain working capital of at least the amount set forth in Section 8(c) of Schedule A as the Minimum Working Capital Requirement.

  • The Minimum Working Capital Requirement and the Maximum Working Capital Requirement shall be so adjusted as shall be mutually agreed to by the Shareholders and the Purchaser.

  • In the event the amount of working capital maintained by the Company at the cage falls below the Minimum Working Capital Requirement, the Purchaser shall promptly deposit the necessary amount to maintain the Minimum Working Capital Requirement.


More Definitions of Minimum Working Capital Requirement

Minimum Working Capital Requirement means $1,275,000.
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Related to Minimum Working Capital Requirement

  • Minimum Capital Requirement means the Minimum Capital Requirement, the minimum group Solvency Capital Requirement or other minimum capital requirements (as applicable) referred to in the Relevant Rules;

  • Capital Requirements means, as to any person, any matter, directly or indirectly, (i) regarding capital adequacy, capital ratios, capital requirements, the calculation of such person’s capital or similar matters, or (ii) affecting the amount of capital required to be obtained or maintained by such person or any person controlling such person (including any direct or indirect holding company), or the manner in which such person or any person controlling such person (including any direct or indirect holding company), allocates capital to any of its contingent liabilities (including letters of credit), advances, acceptances, commitments, assets or liabilities.

  • Solvency Capital Requirement means the Solvency Capital Requirement or the group Solvency Capital Requirement (as applicable) referred to in, or any other capital requirement (other than the Minimum Capital Requirement) howsoever described in, the Relevant Rules;

  • Target Net Working Capital Amount means $0.

  • Regulatory Capital Requirements means any applicable capital resources requirement or applicable overall financial adequacy rule required by the Relevant Regulator, as such requirements or rule are in force from time to time;

  • Target Working Capital Amount means $162,000,000.

  • 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.

  • Target Net Working Capital means $0.

  • Working Capital Amount shall have the meaning specified in Section 3.4(e).

  • Net Working Capital Target means $0.00.

  • Target Working Capital means $0.

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Working Capital Advance has the meaning specified in Section 2.01(c).

  • Working Capital Target means $0.

  • Working Capital Reserve shall have the meaning set forth in the Partnership Agreement.

  • Working Capital Escrow Amount means $1,000,000.

  • Estimated Net Working Capital shall have the meaning set forth in Section 2.3(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.

  • 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.

  • Net Working Capital means current assets minus current liabilities.

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Closing Net Working Capital means Net Working Capital as of the Adjustment Calculation Time.

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

  • 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.

  • Consolidated Working Capital Adjustment means, for any period 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.