Net Working Capital Requirement definition

Net Working Capital Requirement means the result of: (a) Can$100,000,000 minus (b) the Net Working Capital as reported on the most recent quarterly or annual financial statements delivered (or to be delivered if a forecasted amount is being determined) under Sections 8.1(1)(a) or (b), as applicable. If this result is negative then the Net Working Capital Requirement shall be zero.
Sample 1Sample 2Sample 3
Net Working Capital Requirement means, in respect of the Existing Pine Walk Capital Group, cash resources to cover the three month period following Completion based on the Existing Pine Walk Capital Group’s net cash flows, calculated using the methodology set out in the current Existing Pine Walk Capital Group’s board reports prior to the date of this Agreement;
Sample 1Sample 2
Net Working Capital Requirement shall have the meaning set forth in Section 7.11.
Sample 1Sample 2

Examples of Net Working Capital Requirement in a sentence

  • You are required to calculate the Net Working Capital Requirement on Cash Cost Basis.

  • You are required to calculate the Net Working Capital Requirement on Cash Cost Basis.(10 Marks) Section B – Economics for Finance Question 7 is compulsory.


More Definitions of Net Working Capital Requirement

Net Working Capital Requirement as defined in Section 2.5(b).
Sample 1
Net Working Capital Requirement means $0.
Sample 1

Related to Net Working Capital Requirement

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

  • Target Net Working Capital Amount 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.

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

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

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

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

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

  • Net Working Capital Target means $0.00.

  • 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).

  • 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.

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

  • 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.

  • 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.

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

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

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

  • Closing Date Net Working Capital has the meaning specified in Section 3.4(a).

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

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

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

  • Net Capital Expenditures means for any period the amount by which Capital Expenditures during such period exceeds reimbursements for such items during such period from any fund established pursuant to the Loan Documents.

  • 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.

  • Actual Working Capital has the meaning set forth in Section 2.7(a).

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

  • Net Operating Cash Flow means the net cash flow to the Partnership resulting from ownership and operation of the Partnership Property, plus any other items of income received in cash by the Partnership less (i) all debts and expenses paid in the operation of the Partnership, (ii) any reserves which the General Partners deem reasonably necessary for the operation of the Partnership or for the satisfaction of obligations of the Partnership pursuant to Section 8.6, and (iii) all proceeds which are (A) received by the Partnership from the Transfer of Partnership Property, and (B) used to purchase or reserved, as determined by the General Partners in furtherance of their fiduciary duties hereunder and under the Act, for the purchase of other Partnership Property.