Base Working Capital means $25,000,000.
Estimated Working Capital has the meaning set forth in Section 2.3(a).
Final Working Capital has the meaning set forth in Section 2.04(b).
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.
Actual Working Capital has the meaning set forth in Section 2.7(a).
Target Working Capital means $0.
Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Estimated Net Working Capital has the meaning set forth in Section 2.3(a).
Working Capital means, with respect to the Borrower and the Subsidiaries on a consolidated basis at any date of determination, Current Assets at such date of determination minus Current Liabilities at such date of determination; provided, that, for purposes of calculating Excess Cash Flow, increases or decreases in Working Capital shall be calculated without regard to any changes in Current Assets or Current Liabilities as a result of (a) any reclassification in accordance with GAAP of assets or liabilities, as applicable, between current and noncurrent or (b) the effects of purchase accounting.
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.
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).
Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Final Closing Working Capital has the meaning set forth in Section 2.5(d).
Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).
Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).
Target Net Working Capital means $0.
Consolidated Working Capital means, as at any date of determination, the excess of Current Assets over Current Liabilities.
Target Working Capital Amount means $75,000,000.
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.
Working Capital Amount means the difference between (x) the total current assets of the Company and its Subsidiaries and (y) the total current liabilities (other than the New Company Debt, the Existing Company Debt and Deal Expenses) of the Company and its Subsidiaries (in each case calculated in accordance with GAAP immediately prior to the Effective Time and after giving effect to the Contribution, the Distribution and the disposition of cash and cash equivalents contemplated by Section 6.24).
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;
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Working Capital Assets has the meaning as set forth in the Recitals of this Agreement.