Normalised Working Capital Schedule means the documents set out in sub-folder 30 (Normalised Working Capital schedule) of the “Confidential Sensitive Information” folder in the Data Room;
Base Working Capital means $25,000,000.
Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).
Estimated Working Capital has the meaning set forth in Section 2.3(a).
Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).
Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;
Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Actual Working Capital has the meaning set forth in Section 2.7(a).
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.
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 Date Working Capital has the meaning specified in Section 2.3(b).
Working Capital Statement has the meaning set forth in Section 2.3(a).
Consolidated Working Capital Adjustment means, for any period of determination 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.
Final Working Capital Statement has the meaning set forth in Section 2.04.
Target Working Capital means $0.
Estimated Net Working Capital has the meaning set forth in Section 2.3(a).
Target Net Working Capital means $0.
Final Closing Working Capital has the meaning set forth in Section 2.5(d).
Closing Net Working Capital has the meaning set forth in Section 2.6(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.
Target Net Working Capital Amount means $5,000,000.
Target Working Capital Amount means $75,000,000.
Working Capital Adjustment has the meaning set forth in Section 2.5(a).
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
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.