Total Net Working Capital definition

Total Net Working Capital means the amount (which may be positive or negative) equal to the product of the Net Working Capital multiplied by 46.67%.
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Total Net Working Capital means the amount (which may be positive or negative) equal to the product of the Net Working Capital multiplied by 33.33%.
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Total Net Working Capital means the sum of the MIDSTREAM Total Net Working Capital and the HOLDINGS Total Net Working Capital.
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Examples of Total Net Working Capital in a sentence

  • Payment of the Total Net Working Capital at the Closing shall be based on the Preliminary Settlement Statement.

  • Not later than five (5) Business Days before the Closing Date, and after consultation with MLP, HOLDINGS shall deliver to MLP a written statement (the “Preliminary Settlement Statement”) setting forth the Total Net Working Capital and each component therein, as determined in good faith by HOLDINGS that are described in the definition thereof, with HOLDINGS’ calculation of such items in reasonable detail, based on information then available to HOLDINGS.

  • Not later than five (5) business days before the Closing Date, and after consultation with MLP, HOLDINGS shall deliver to MLP a written statement (the “Preliminary Settlement Statement”) setting forth the Total Net Working Capital and each component therein, as determined in good faith by HOLDINGS that are described in the definition thereof, with HOLDINGS’ calculation of such items in reasonable detail, based on information then available to HOLDINGS.

  • No later than ninety (90) days after the Closing Date and after consultation with MLP, HOLDINGS shall deliver to MLP a revised settlement statement showing in reasonable detail its calculation of the items described in the definition of Total Net Working Capital along with other adjustments or payments contemplated in this Agreement (said revised statement and the calculation thereof shall be referred to as the “Final Settlement Statement”).

  • Total Net Working Capital November 30, 2014 February 28, 2014 Total Current Assets $ 3,921,377 $ 3,653,475 Less: Total Current Liabilities (1,539,841 ) (2,036,446 ) Total Net Working Capital $ 2,381,536 $ 1,617,029 Considering the positive net working capital position, including the cash on hand at November 30, 2014, and available debt, the Company believes that it has sufficient working capital.

  • Payment of the Total Net Working Capital at the Effective Time shall be based on the Preliminary Settlement Statement.

  • Total Net Working Capital November 30, 2015 February 28, 2015 Total Current Assets $ 2,309,286 $ 3,612,263 Less: Total Current Liabilities (1,284,597 ) (1,561,289 ) Total Net Working Capital $ 1,024,689 $ 2,050,974 Considering the positive net working capital position, including the cash on hand at November 30, 2015, and available debt, the Company believes that it has sufficient working capital.

  • No later than one hundred and eighty (180) days after the Closing Date and after consultation with MLP, HOLDINGS shall deliver to MLP a revised settlement statement showing in reasonable detail its calculation of the items described in the definition of Total Net Working Capital along with other adjustments or payments contemplated in this Agreement (said revised statement and the calculation thereof shall be referred to as the “Final Settlement Statement”).

  • For purposes of calculating the value of Inventory for purposes of determining Closing Total Net Working Capital, within five (5) Business Days prior to the Closing Date, Representatives of Post shall take a physical count of the Inventory of the Companies, and the Investor and its Representatives shall be permitted to observe such physical count.

  • Total Net Working Capital Aug 31, 2015 February 28, 2015 Total Current Assets $ 3,031,989 $ 3,612,263 Less: Total Current Liabilities (1,364,128 ) (1,561,289 ) Total Net Working Capital $ 1,667,861 $ 2,050,974 Considering the positive net working capital position, including the cash on hand at August 31, 2015, and available debt, the Company believes that it has sufficient working capital.


More Definitions of Total Net Working Capital

Total Net Working Capital means the amount (which may be positive or negative) equal to (a) the Net Working Capital plus (b) the sum, for the period from January 1, 2007 through the Effective Time, of (i) all capital contributions made by MEG Inc to MEG LLC; (ii) all distributions made by MEG Texas GP or MEG Texas LP to MEG LLC; (iii) all cash received by MEG LLC (other than amounts set forth in clause (b)(i) or (ii) hereof) to the extent not related to or arising out of the Applicable Business; and (iv) a general and administrative charge equal to $330,000 for each month (to be prorated for any partial month) during such period minus (c) the sum, for the period from January 1, 2007 through the Effective Time, of (i) all distributions (other than distributions of the Excluded Assets) made by MEG LLC to MEG Inc; (ii) all capital contributions made by MEG LLC to MEG Texas GP or MEG Texas LP, and (iii) all payments made by MEG LLC (other than amounts set forth in clause (c)(i) or (ii) hereof) to the extent not related to or arising out of the Applicable Business, such Total Net Working Capital to be allocated between the consideration for contribution of the MEG Colorado Interest and the sale of the MEG LLC Interest on a reasonable basis to be agreed by the Parties.
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Total Net Working Capital means the amount (which may be positive or negative) equal to the product of the Net Working Capital multiplied by 20% for MB1 and multiplied by 12.5% for MB2.
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Total Net Working Capital means the amount (which may be positive or negative) equal to the sum of (a) the product of (i) the Net Working Capital of the JV multiplied by (ii) the JV Interest and (b) the product of (i) the Net Working Capital of DPS multiplied by (ii) the sum of the Interest and the Discovery Interest.
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Total Net Working Capital means the amount (which may be positive or negative) equal to the product of the Net Working Capital multiplied by 25.1%. “Transaction Documents” shall mean the JV LLC Agreement, Amendment No. 2, the Subject Interests Assignment Agreement, such certificate or other documents as are necessary to transfer the Units to HOLDINGS and GP pursuant to Section 2.2, the Hedge Confirmation, and any other document related to the sale, transfer, assignment or conveyance of the Subject Interests to be delivered at Closing. “Treasury Regulations” shall mean regulations promulgated under the Code. “Units” shall mean the Class D limited partnership interests issuable by MLP upon execution of Amendment No. 2. 1.2
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Total Net Working Capital means the sum of the MIDSTREAM Total Net Working Capital and the HOLDINGS Total Net Working Capital. “Transaction Debt” shall mean the liability or liabilities to be incurred by MLP with respect to transactions contemplated by Section 2.1 which will be considered recourse debt within the meaning of Treasury Regulations Section 1.752-1. “Transaction Documents” shall mean the Assignment of Subject Interests in Exhibit A, such certificate or other documents as are necessary to transfer the Unit Consideration to HOLDINGS, MIDSTREAM and GP pursuant to Section 2.2, and any other document related to the sale, transfer, assignment or conveyance of the Subject Interests to be delivered at Closing. “Treasury Regulations” shall mean regulations promulgated under the Code. “Units” shall mean the common units representing limited partner interests in the MLP. “Unit Consideration” shall mean the GP Unit Consideration, the HOLDINGS Unit Consideration and the MIDSTREAM Unit Consideration. “XXXX/XXXXX” shall have the meaning given such term in the Recitals. 1.2
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Total Net Working Capital means the amount (which may be positive or negative) equal to the product of the Net Working Capital multiplied by 66.67%. “Transaction Documents” shall mean the Subject Interests Assignment Agreements, such certificate or other documents as are necessary to transfer the
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Related to Total Net Working Capital

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

  • Target Net Working Capital means $36,500,000.

  • Target Working Capital has the meaning set forth in Section 2.06(a)(ii).

  • Consolidated Working Capital at any date, the excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date.

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

  • Working Capital means Current Assets less Current Liabilities.

  • Consolidated Working Capital Adjustment means, for any period 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.

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.