Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.
Net Working Capital means, at any date, (a) the consolidated current assets of the Borrower and its consolidated Subsidiaries as of such date (excluding cash and Permitted Investments) minus (b) the consolidated current liabilities of the Borrower and its consolidated Subsidiaries as of such date (excluding current liabilities in respect of Indebtedness). Net Working Capital at any date may be a positive or negative number. Net Working Capital increases when it becomes more positive or less negative and decreases when it becomes less positive or more negative.
Net Working Capital means (i) all current assets of the Company and its Subsidiaries, minus (ii) all current liabilities of the Company and its Subsidiaries, except current liabilities included in Indebtedness.
Examples of Net Working Capital in a sentence
Buyer will recognize and assume all Liabilities with respect to accrued but unused vacation, paid time off and sick leave for all Transferred Business Employees to the extent accrued for and reflected in the Closing Date Net Working Capital.
The Estimated Purchase Price, the Proposed Purchase Price Calculations, the Final Purchase Price, the Estimated Closing Statement and the Closing Statement and the calculations contained therein shall be calculated and determined in accordance with the Accounting Principles (including the same format (and for purposes of calculating Closing Date Net Working Capital, including those line items) as the sample calculations set forth therein).
More Definitions of Net Working Capital
Net Working Capital means current assets minus current liabilities.
Net Working Capital means, as of any date of determination, Current Assets as of such date minus Current Liabilities as of such date.
Net Working Capital means Current Assets minus Current Liabilities.
Net Working Capital has the meaning set forth in Section 2.1(b).
Net Working Capital means (a) total current assets minus (b) total current liabilities, all as determined in accordance with GAAP as applied consistently with the Company’s past practices (including its preparation of the Company Financial Statements).
Net Working Capital means Current Assets, minus Current Liabilities as determined in accordance with the Balance Sheet Rules, each calculated immediately before, and without giving effect to, the Closing, of the Business of the Transferors.
Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries, except current assets from commodity price risk management activities arising in the ordinary course of the Oil and Gas Business, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except current liabilities (i) associated with asset retirement obligations relating to Oil and Gas Properties, (ii) included in Indebtedness and (iii) any current liabilities from commodity price risk management activities arising in the ordinary course of the Oil and Gas Business, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP.