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.
Target Working Capital means $0.
Base Working Capital means $25,000,000.
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.
Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.
Estimated Working Capital has the meaning set forth in Section 2.3(a).
Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Target Net Working Capital means $0.
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Actual Working Capital has the meaning set forth in Section 2.7(a).
Final Working Capital has the meaning set forth in Section 2.04(b).
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).
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.
Estimated Net Working Capital has the meaning set forth in Section 2.3(a).
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Consolidated Working Capital means, as at any date of determination, the excess of Current Assets over Current Liabilities.
Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).
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).
Net Working Capital Target means $0.00.
Target Working Capital Amount means $75,000,000.
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.
Working Capital Target means $0.
Target Net Working Capital Amount means $5,000,000.
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.