Net Working Capital Position definition

Net Working Capital Position means sufficient cash and cash equivalents to meet the Net Working Capital Requirement;
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Net Working Capital Position means, in respect of the Company and as of Closing, cash (which includes cash, cash equivalents and short-term instruments) plus trade and other receivables (which includes accounts receivable and accounts receivable tax) and any other current assets (including prepaid expenses), less short-term accruals, short-term debts, trade payables (including accounts payable, accounts payable tax (including corporate income tax), and accrued liabilities) and any other short-term liabilities, but excluding any amounts included in the calculation of Indebtedness or as Transaction Expenses, in each case calculated pursuant to the Accounting Principles.
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Net Working Capital Position means the Current Assets less the Current Liabilities;
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Examples of Net Working Capital Position in a sentence

  • If the Reference Amount is greater than the Interim Net Working Capital Position then the amount of the Interim Price Adjustment shall be deducted from the amount specified in subsection 2.3(a)(i).

  • If the Reference Amount is less than the Interim Net Working Capital Position then the amount of the Interim Price Adjustment shall be added to the amount specified in subsection 2.3(a)(i).

  • The Closing Date Working Capital Statement shall set forth the Closing Date Current Assets and the Closing Date Current Liabilities and the net working capital position of the Business as of the Closing Date (the "Closing Date Net Working Capital Position"), which shall mean the difference between the Closing Date Current Assets and the Closing Date Current Liabilities.

  • AOLA hereby represents and warrants to TW that (i) it has the requisite corporate power and authority to execute and deliver this Consent Letter and that this Consent Letter shall constitute a valid and enforceable obligation against it, and (ii) Exhibit A hereto sets forth the Net Working Capital Position of AOL Mexico or, after giving effect to the Reorganization, New AOL Mexico, as of the last day of each calendar quarter of 2004 and as of January 31, 2005.

  • The Vendors, not later than two Business Days prior to the Closing Date, shall provide to the Purchaser a statement setting forth the difference between the Reference Amount and the Interim Net Working Capital Position (the “Interim Price Adjustment”).


More Definitions of Net Working Capital Position

Net Working Capital Position means (i) the current assets of AOL Mexico (or any time following the Reorganization, New AOL Mexico) at the time of determination, determined in accordance with generally accepted accounting principles in the United States (“GAAP”), but excluding, to the extent otherwise included therein, the value of any net operating losses of AOL Mexico which are to remain at AOL Mexico after giving effect to the Reorganization, any proceeds remaining in the Sale Proceeds Account (as defined below), and any intercompany accounts receivable from AOLA or any of its affiliates, less (ii) the current liabilities of AOL Mexico (or at any time following the Reorganization, New AOL Mexico) at such time, determined in accordance with GAAP, but excluding, to the extent otherwise included therein, any indebtedness or accrued and unpaid interest in respect of the Notes and intercompany accounts payable to AOLA or any of its affiliates. Notwithstanding the foregoing, Sale Costs incurred after January 31, 2005 shall be excluded for purposes of establishing the Net Working Capital Position to the extent otherwise impacting the calculation thereof.
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Related to Net Working Capital Position

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Net Working Capital Target means $0.00.

  • 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.

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

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • Target Net Working Capital Amount means $0.

  • Target Working Capital has the meaning set forth in Section 2.06(a)(ii).

  • Target Net Working Capital means $36,500,000.

  • Consolidated Working Capital at any date, the excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date.

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

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

  • 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.

  • 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.

  • Working Capital Target has the meaning set forth in Section 1.3(b).

  • Closing Net Working Capital has the meaning set forth in Section 2.6(a).

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

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.

  • Net Working Capital Adjustment Amount means an amount, which may be a positive or negative number, equal to the Net Working Capital as of the Effective Time minus the Net Working Capital Threshold.

  • Working Capital Assets means the current assets of Company and its Subsidiaries as of the Effective Time (including all Cash and Cash Equivalents), each determined in accordance with Accounting Principles but excluding all Tax assets; provided, however, in no event shall any accounts receivable relating to item #3 (System Gain/Loss) on Schedule 4.5 be included as a current asset of the Company or its Subsidiaries.

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • 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.

  • 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.

  • Working Capital Deficit means the amount by which the Net Working Capital is less than the Target Net Working Capital.

  • Final Working Capital has the meaning set forth in Section 2.4(b)(iii).

  • Estimated Working Capital has the meaning set forth in Section 2.3(a).

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).