Operating Working Capital means, at any date, (A) the sum of (i) Prepaid Domain Registry Fees and (ii) the amount of assets that would, in conformity with GAAP, be included within the consolidated balance sheet and the changes in which, in whole or part, would be reflected in the cash provided (or used by) operating activities within the statement of cash flows minus (B) the sum of (i) Deferred Revenue and (ii) the amount of liabilities that would, in conformity with GAAP, be included within the consolidated balance sheet and the changes in which, in whole or part, would be reflected in the cash provided (or used by) operating activities within the statement of cash flows; provided that Operating Working Capital shall be determined excluding the effects of acquisition method accounting; provided further that Operating Working Capital shall exclude any amounts at such date in respect of (x) current and deferred income taxes, (ii) Indebtedness and the interest thereon and (iii) interest income earned but not yet received.
Operating Working Capital as of any date shall mean the difference between current assets (excluding cash and investments, interest and tax accounts) and current liabilities (excluding debt, interest and tax accounts). Accrued liabilities related to restructuring charges added back for the purposes of computing EBITDA are also excluded from current liabilities to compute Operating Working Capital.
Operating Working Capital means the Operating Working Capital of the Business Entities determined as reflected in the line entitled "CR15297 Operating Working Capital" on the balance sheet report (in management format) attached hereto as Schedule 2.
Examples of Operating Working Capital in a sentence
Non-GAAP Operating Working Capital Non-GAAP Operating Working Capital is calculated by deducting accounts payable from net trade receivables plus inventories.
Any such notice of disagreement shall specify those items or amounts as to which Seller disagrees, and Seller shall be deemed to have agreed with all other items and amounts contained in the Closing Balance Sheet and the calculation of Minimum Net Operating Working Capital delivered pursuant to Section 2.03(i).
In making such calculation, such independent accountants shall consider only those items or amounts in the Closing Balance Sheet or Buyer’s calculation of Minimum Net Operating Working Capital as to which Seller has disagreed.
If the Target Net Operating Working Capital exceeds the Actual Net Operating Working Capital, Cargill shall promptly (but in no event more than ten (10) days after the determination of the Actual Net Operating Working Capital) pay an amount equal to the excess of the Target Net Operating Working Capital over the Actual Net Operating Working Capital to Newco (or as otherwise directed by Newco).
Such independent accountants shall provide such calculation of Minimum Net Operating Working Capital in accordance with GAAP and the accounting policies and practices used by the Company on or prior to the Closing and set forth on Schedule 2.03.
More Definitions of Operating Working Capital
Operating Working Capital is Boise's current assets minus current liabilities, excluding cash and short-term investments, income tax-related items, and debt.
Operating Working Capital means, as of the relevant date, an amount equal to (i) cash and cash equivalents of the Business plus (ii) the sum of the value of (A) the accounts receivable of the Business (net of reserves for bad debts), (B) the inventory of the Business (net of reserves for slow moving and obsolete items) and (C) prepaid expenses of the Business minus (iii) the sum of (A) the accounts payable of the Business and (B) the accrued expenses of the Business, in each case, determined in accordance with the Accounting Principles and as recorded on the balance sheet as of such date.
Operating Working Capital means, as of the date of determination, the excess of Consolidated Current Assets over Consolidated Current Liabilities.
Operating Working Capital means Trade Receivables plus Total Inventory less absolute Trade Accounts Payable as reported internally. Operating Working Capital may be adjusted, in the Committee’s discretion, for any impact of acquisitions, divestitures, and/or the effect of changes in tax laws, accounting principles or other laws or provisions affecting reported results.
Operating Working Capital means the sum of US$ 25 million, composed by the entries of the Pro-Forma Balance Sheet, including but not limited to (i) accounts receivable, plus inventory and other current assets, less (ii) accounts payable, salary and contributions and other liabilities. For purposes hereof, “accounts payable” shall include any accrued labor provisions relating to the Business Employees.
Operating Working Capital means (i) all current assets (excluding Cash, deferred income taxes, and any current assets relating to the manufacture of the Settlement Dies (as defined in the DMT Settlement Agreement) pursuant to the DMT Settlement Agreement) of the Company and its Subsidiaries as of the close of business on the Closing Date (but before taking into account the consummation of the transactions contemplated hereby), minus (ii) all current liabilities of the Company (excluding the Change-in-Control Payments, the Closing Indebtedness Amount, the Option Cancellation Payments, any accounts payable relating to the manufacture of the Settlement Dies (as defined in the DMT Settlement Agreement) pursuant to the DMT Settlement Agreement, and any other interest bearing liabilities) and its Subsidiaries as of the close of business on the Closing Date (but before taking into account the consummation of the transactions contemplated hereby), in each case calculated in accordance with and using the same line items and adjustments as set forth on the Example Working Capital Calculation. For the avoidance of doubt, the determination of the Purchase Price and the preparation of the Closing Statement will take into account only those components (i.e., line items) and adjustments reflected on the Example Working Capital Calculation and used in calculating the Upper Collar Amount and Lower Collar Amount. Further to the preceding sentence, the calculation of the Purchase Price will be determined, and any such calculations on the Closing Statement will be determined, in accordance with the Example Working Capital Calculation (and without any change in or introduction of any new reserves; provided the warranty reserves and any other reserves that are customarily adjusted by the Company or any Subsidiary in the Ordinary Course of Business shall be updated as of the Closing Date consistent with the same methodology used in determining such reserves), and without duplication to any items counted in the computation of Seller Transaction Expenses. The parties agree that the purpose of preparing and calculating the Operating Working Capital hereunder is to measure changes in Operating Working Capital without the introduction of new or different accounting methods, policies, practices, procedures, classifications, judgments or estimation methodologies from the Example Working Capital Calculation. The determination of Operating Working Capital and the preparation of the Closing Statement will entirely...
Operating Working Capital means, at any date, the sum of (A) (i) Prepaid Domain Registry Fees and (ii) the amount of assets that would, in conformity with GAAP, be included within the consolidated balance sheet and the changes in which, in whole or part, would be reflected in the cash provided (or used by) operating activities within the statement of cash flows