Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.
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.
Target Working Capital means $0.
Working Capital Loan has the meaning specified in Section 2.1(c).
Refunding Capital Stock has the meaning assigned to such term in Section 6.04(a)(viii).
Target Net Working Capital means $0.
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).
Working Capital Lender means any Lender that has a Working Capital Commitment.
Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Consolidated Working Capital means, as at any date of determination, the excess of Current Assets over Current Liabilities.
Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).
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.
Working Capital Reserve means a cash reserve held in the Operating Account that is readily available to Manager during the Term to finance the services, repairs and maintenance described in Section 5.2 including Minor Capital Expenditures and Major Capital Expenditures, insurance premiums for the Property described in Section 9.1, and utilities for the Property, in such amounts as determined by the Owner in its sole discretion.
Working Capital Assets has the meaning as set forth in the Recitals of this Agreement.
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.
Net Working Capital Target means $0.00.
Estimated Net Working Capital has the meaning set forth in Section 2.3(a).
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Actual Working Capital has the meaning set forth in Section 2.7(a).
Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).
Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.
Working Capital Advance has the meaning specified in Section 2.01(a).
Working Capital Units shall have the meaning given in the Recitals hereto.
Closing Date Working Capital has the meaning specified in Section 2.3(b).
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.
Final Closing Working Capital has the meaning set forth in Section 2.5(d).