Threshold Working Capital Amount definition

Threshold Working Capital Amount means, at the time any distribution is contemplated (but not less often than quarterly), without duplication of any required minimum working capital requirements as set forth in the Owner Portfolio Agreement, the aggregate amount of Thirty Thousand Dollars ($30,000) for each Operating Company.
Sample 1Sample 2
Threshold Working Capital Amount means an amount equal to Six Million Five Hundred Seventy-Six Thousand Nine Hundred Sixty-Nine Dollars ($6,576,969).
Sample 1Sample 2
Threshold Working Capital Amount means, at the time any distribution is contemplated (but not less often than quarterly), without duplication of any required minimum working capital requirements as set forth in the Owner Portfolio Agreement, the aggregate amount of Ten Thousand Dollars ($10,000.00) for each of RSC Oakleaf Lexington, LLC and/or RSC Oakleaf Greenville, LLC, both Florida limited companies and Seventy Five Thousand Dollars ($75,000.00) for each of RSC Lexington, LLC and RSC Greenville, LLC, both Florida limited companies.
Sample 1

Examples of Threshold Working Capital Amount in a sentence

  • Except as provided in Section 4.2, the Company, in any given quarter, may not make any distributions which would cause the amount of working capital to be less than the Threshold Working Capital Amount.


More Definitions of Threshold Working Capital Amount

Threshold Working Capital Amount means, without duplication of any required minimum working capital requirements as set forth in the Tenant Portfolio Agreement, the aggregate amount of Ten Thousand Dollars ($10,000.00) for each of RSC Oakleaf Lexington, LLC and/or RSC Oakleaf Greenville, LLC, both Florida limited companies and Seventy Five Thousand Dollars ($75,000.00) for each of RSC Lexington, LLC and RSC Greenville, LLC, both Florida limited companies.
Sample 1
Threshold Working Capital Amount means One Hundred Eighty Five Thousand Dollars ($185,000).
Sample 1
Threshold Working Capital Amount means an amount equal to the sum of (i) $15,000,000 if Closing occurs on or prior to October 31, 2012, (ii) $10,000,000 if Closing occurs after October 31, 2012 but on or prior to November 30, 2012, (iii) $5,000,000 if Closing occurs after November 30, 2012 but on or prior to December 31, 2012 or (iv) $0 if Closing occurs after December 31, 2012.
Sample 1

Related to Threshold Working Capital Amount

  • Target Working Capital Amount means $75,000,000.

  • Target Net Working Capital Amount means $5,000,000.

  • 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).

  • Net Working Capital Target means $0.00.

  • 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.

  • Working Capital Target means $0.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Required Capital Amount has the meaning set forth in Section 5(e) of this Supplement.

  • Working Capital Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.

  • Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.

  • Working Capital Adjustment has the meaning set forth in Section 2.5(a).

  • 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.

  • Target Working Capital means $0.

  • 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;

  • Target Net Working Capital means $0.

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • 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).

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Estimated Net 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).

  • Working Capital Advance has the meaning specified in Section 2.01(a).

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).