Refunding Capital Stock has the meaning assigned to such term in Section 6.04(a)(viii).
Working Capital Loan has the meaning specified in Section 2.1(c).
Working Capital Loans means any loan made to Acquiror by any of the Sponsor, an Affiliate of the Sponsor, or any of Acquiror’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.
Working Capital Borrowings means borrowings incurred pursuant to a credit facility, commercial paper facility or similar financing arrangement that are used solely for working capital purposes or to pay distributions to the Partners; provided that when such borrowings are incurred it is the intent of the borrower to repay such borrowings within 12 months from the date of such borrowings other than from additional Working Capital Borrowings.
Capital Call means a call upon all or any of the Investors for payment of all or any portion of their Unfunded Commitments.
Working Capital Target means $0.
Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.
Working Capital Shares shall have the meaning given in the Recitals hereto.
Working Capital Adjustment Amount means the (a) the Closing Net Working Capital, less (b) the Target Net Working Capital. For the avoidance of doubt, Working Capital Adjustment Amount may be a positive or negative number.
Working Capital Escrow Amount means $1,000,000.
Final Closing Working Capital has the meaning set forth in Section 2.4(e).
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.
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.
Net Working Capital Target means $0.00.
Working Capital means, on any date, Current Assets less Current Liabilities.
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Working Capital Warrants shall have the meaning given in the Recitals hereto.
Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.
Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.
Closing Date Net Working Capital has the meaning set forth in Section 2.7(a).