WORKING CAPITAL ASSURANCE AGREEMENT definition

WORKING CAPITAL ASSURANCE AGREEMENT. As defined in the Facility Lease.
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WORKING CAPITAL ASSURANCE AGREEMENT means that certain Working Capital
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WORKING CAPITAL ASSURANCE AGREEMENT means the agreement between Guarantor and Landlord under which Guarantor agrees to extend loans to Tenant for working capital purposes.
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More Definitions of WORKING CAPITAL ASSURANCE AGREEMENT

WORKING CAPITAL ASSURANCE AGREEMENT means the undertaking of Balanced Care in favor of American Health, obligating Balanced Care, among other things, to fund deficits in the working capital required for Tenant to operate any one or more of the Facilities, substantially in the form attached hereto as Exhibit K
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WORKING CAPITAL ASSURANCE AGREEMENT. That certain Working Capital Assurance Agreement of even date by and among the Guarantor, the Lessee and the Lessor.
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WORKING CAPITAL ASSURANCE AGREEMENT means that certain Working Capital Assurance Agreement dated as of February 6, 1998, between Lessor and BCC.
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WORKING CAPITAL ASSURANCE AGREEMENT means that certain Working Capital Assurance Agreement dated as of even date herewith between BCC and Lessor.
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Related to WORKING CAPITAL ASSURANCE AGREEMENT

  • Working Capital Assets means the current assets of the Company as of the Effective Time (including all Cash and Cash Equivalents), determined in accordance with Accounting Principles but excluding any Tax assets.

  • Final Working Capital has the meaning set forth in Section 2.04(b).

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

  • 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.

  • Closing Net Working Capital means Net Working Capital as of the Adjustment Calculation Time.

  • Actual Working Capital has the meaning set forth in Section 2.7(a).

  • Base Working Capital means $25,000,000.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).

  • Working Capital Amount shall have the meaning specified in Section 3.4(e).

  • 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.

  • Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

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

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

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.

  • 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.

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

  • 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.

  • Target Working Capital Amount means $162,000,000.

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

  • Working Capital Target means $0.

  • 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 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.

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • 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 Working Capital means $0.