Working Capital Balance Sheet definition

Working Capital Balance Sheet has the meaning set forth in Section 2.4(c).
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Working Capital Balance Sheet means the balance sheet for the Company prepared on an un-audited basis by the accountants for the Company made up to Pre Effective Date Calculation Date and which will have included in the calculation of the amount shown therein as the “Working Capital” of the Company a reasonable estimate of the Company’s financial information as at the Effective Date.
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Working Capital Balance Sheet means that "Closing Date Balance Sheet" as such term as defined in the Acquisition Agreement.
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Examples of Working Capital Balance Sheet in a sentence

  • The Effective Date Balance Sheet and the Net Working Capital Balance Sheet as defined in Section 1 hereof and the financial information contained therein will present fairly the financial condition of the Acquiree for the periods covered.

  • RCM shall cause to be paid to the Acquiree Shareholder as additional Purchase Consideration by wire transfer to bank accounts designated by him the amount of the accounts receivable and other current assets actually collected less Acquiree's liabilities as set forth on the Net Working Capital Balance Sheet.

  • Credit Overview Change in Net Working Capital Balance Sheet Cash Flow StatementAssets Liabilities Non-Cash Taxes Payable, net (6) -13.3 -3.4 -8.1 As at Dec-16 1H 2017 As at Jun-17 1) Figure reflects the non-cash portion of income statement exchange gains (losses).2) Figure reflects the non-cash impact on shareholders equity of exchange rate fluctuations upon consolidation (ie.

  • Within sixty (60) days of the Closing Date, RCM and the Acquiree Shareholder will cause to be prepared to their mutual satisfaction the Net Working Capital Balance Sheet.

  • The Estimated Net Working Capital shall be calculated in accordance with GAAP, as applied on a consistent basis with the Financial Statements provided to Purchaser pursuant to Section 2.04 hereof (the "Working Capital Balance Sheet"); provided that there shall be no reserve or accrual for warranty claims related to any projects which are not Transferred Projects or Customer Orders.

  • Thereafter RCM, as agent for Acquiree, shall use best efforts to promptly and fully collect all of Acquiree's accounts receivable and other current assets as they are reflected in the Net Working Capital Balance Sheet.

  • The Purchase Price shall be adjusted downward in an amount equal to any obsolete or damaged Inventory in excess of the reserve therefor set forth on the 6/30/96 Working Capital Balance Sheet and calculated in a manner consistent with past practices of the Seller (the "Inventory Adjustment").

  • Within thirty days after the Closing Date, Shareholder shall deliver to Buyer the Closing Date Working Capital Balance Sheet together with the Working Capital Asset Value Statement.

  • Buyer shall have thirty days after Buyer's receipt of those documents to notify Seller of any objections (i.e., Disputed Items) to the Closing Date Working Capital Balance Sheet or to the Working Capital Asset Value Statement.

  • If the Closing Date Working Capital Balance Sheet reflects that the Working Capital was two million dollars or more on the Closing Date, no adjustment to the Purchase Price shall be made.


More Definitions of Working Capital Balance Sheet

Working Capital Balance Sheet means a balance sheet that is prepared in accordance with Section 2.7(f) and includes only the current assets and current liabilities, as described and determined in accordance with the definition of "Working Capital," associated with the Assets, the Assumed Obligations and the liabilities of the Companies, excludes the Excluded Assets, the Retained Obligations and the Company Retained Assets and any associated current assets and current liabilities, and is prepared on a consistent basis from financial information contained in the books and records regularly maintained by the Stations and TVSD.
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Working Capital Balance Sheet means the unaudited balance sheet of Seller with respect to the ICS Business Segment dated as of the close of business of the Closing Date.
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Related to Working Capital Balance Sheet

  • Final Balance Sheet has the meaning set forth in Section 2.4.

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

  • Interim Balance Sheet as defined in Section 3.4.

  • Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a).

  • Pro Forma Balance Sheet as defined in Section 4.1(a).

  • Consolidated Working Capital means, as at any date of determination, the excess of Consolidated Current Assets over Consolidated Current Liabilities.

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Closing Balance Sheet has the meaning set forth in Section 2.4(a).

  • Net Working Capital means current assets minus 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).

  • Working Capital Statement has the meaning set forth in Section 2.3(a).

  • 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 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.

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).

  • 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.

  • Company Balance Sheet means the consolidated balance sheet of the Company and its Subsidiaries as of December 31, 2016 and the footnotes thereto set forth in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2016.

  • Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).

  • Target Working Capital means $0.

  • Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).

  • Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).

  • Adjusted Consolidated Working Capital means, at any time, Consolidated Current Assets (but excluding therefrom all cash and Cash Equivalents) less Consolidated Current Liabilities at such time.

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

  • Working Capital Loan has the meaning specified in Section 2.1(c).

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

  • 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.

  • Latest Balance Sheet has the meaning set forth in Section 3.4(a).