Working Capital Change definition

Working Capital Change means a change in the working capital of the Company as defined in Section 2.8 hereof.
Sample 1
Working Capital Change means: difference between Working Capital determined in the Annual Financial Statements of the year before the previous fiscal year and Working Capital of the previous fiscal year;
Sample 1
Working Capital Change has the meaning set forth in Exhibit A-7.
Sample 1

Examples of Working Capital Change in a sentence

  • Seller shall provide Buyer with notice of the time and location at which all procedures relating to the determination of inventory will be undertaken with respect to determination of the Proposed Final Net Tangible Asset Amount and the Proposed Net Working Capital Change Amount and shall permit Buyer and its representatives to be present to coordinate and observe the counting procedure performed and to take such test counts as such representatives of Buyer consider appropriate in the circumstances.

  • In the event Buyer disputes the correctness of the Proposed Final Net Tangible Asset Amount or the Proposed Net Working Capital Change Amount, Buyer shall notify Seller of its objections within 45 days after receipt of Seller's calculation of the Proposed Final Net Tangible Asset Amount and the Proposed Net Working Capital Change Amount and shall set forth, in writing and reasonable detail, the reasons for Buyer's objections.

  • If the Final Net Working Capital Change Amount is zero or constitutes a decrease of the Closing Net Working Capital Amount from the June 28 Net Working Capital Amount, there shall be no adjustment of the Exchange Consideration on account of the Final Net Working Capital Change Amount.

  • The following formula is used to calculate the firm's free cash flow.Free Cash Flow to the Firm = EBIT after Tax + Depreciation + Working Capital Change - CAPEXThe EBIT after-tax, sales revenue, COGS, SG&A expense, and tax expense predictions are all estimated.

  • It enables a firm to determine how much amount is left for operational requirement.Table 4.3Net Working Capital of SCBNL (Rs. in Million) Source: Annual Report of Concern BanksTable 4.4Net Working Capital of HBL (Rs. in Million) Fiscal YearCurrent AssetsCurrent LiabilitiesNet Working Capital% Change in NWCSource: Annual Report of Concern Banks Table 4.3 shows that the net working capital of SCBNL is highly fluctuating over the period.

  • IncomeOperating Profit Before Working Capital Change (1) Adjustment For:Stores & Spares0 0 0(4250) (2795) (7161)(131) (2226) (1826)(457) (472) (880) .1,39,998 1,37,828 2,65,794 (17�756)(9882) (7842) 110Sundry Debtors(220592)(46701)ether current & non Current Assets1218(53655)555Loans & Advances75154715594 Liabilities & Pro\ision, etc.

  • Income(582)(753)(880) Operating Profit Before Working Capital Change (1)2,13,2721,91,2642,65,794 Adjustment For: Stores & Spares(18991)(12912)110 Sundry DebtorsOther Current & non Current Assets Loans & Advances(163129)151416745(175302)(51668)3174(46701)555 Liabilities & Pro>ision, etc.

  • Further working progress mounting to Rs.61,890,191 and the Distress Loan given amounting to Rs.7,832,590 should be shown as cash outflow under investment activities and Distress Loan recovered amounting to Rs.5,044,506 should be shown as cash inflow had been shown by adding to Property Plant andEquipment and balances due from employees.Interest income for the year was Rs.128,314,211 and the sum of Rs.3,884,687 received from cash is shown in Working Capital Change.

  • The Merger Consideration shall be adjusted for any Working Capital Change only if such Working Capital Change exceeds $250,000.

  • Schedule 6.22 specifies the accrued but unused vacation pay (including personal days), as of the date hereof, of each Transferred Employee and any such accrued and unused vacation pay, calculated as of the Closing Date, shall be deemed to be a Current Liability as of the Closing Date for purposes of determining the Net Working Capital Change Amount as of the Closing Date.


More Definitions of Working Capital Change

Working Capital Change means with respect to each Measurement Period the total sum of the following components, as they appear in the statement of cash flow for the Annual Financial Statements for such Measurement Period: (1) Change in customers/buyers (as an example based on the 2023 Annual Financial Statements, this item amounted to Five Million Five Hundred Fifty-Five Thousand United States Dollars (US $5,555K) in the Borrower's 2023 Annual Financial Statements); (2) Change in debtors and debit balances (as an example based on the 2023 Annual Financial Statements, this item amounted to minus Two Million Nine Hundred Six Thousand United States Dollars (US $2,906K) in the Borrower's 2023 Annual Financial Statements); (3) Change in creditors and balance of earnings (as an example based on the 2023 Annual Financial Statements, this item amounts to Eight Hundred Twenty- Six Thousand United States Dollars (US $826K) in the Borrower's 2023 Annual Financial Statements); (4) Change in suppliers and service providers (as an example based on the 2023 Annual Financial Statements, this item amounts to Forty-Three Thousand United States Dollars (US $43K) in the Borrower's 2023 Annual Financial Statements); (5) Change in employee benefits (as an example based on the 2023 Annual Financial Statements, this item amounts to Two Thousand United States Dollars (US $2,000) in the Borrower's 2023 Annual Financial Statements); (6) Change in advance income from the government - "Xxxx 3" (as an example based on the 2023 Annual Financial Statements, this item amounts to minus Eight Million Twenty Thousand United States Dollars (US $8,020K) in the Borrower's 2023 Annual Financial Statements); and (7) Change in expenses to be paid, excluding accrued interest (as an example based on the 2023 Annual Financial Statements, this item amounts to Twenty Million Eighty Thousand United States Dollars (US $20,080K) in the Borrower's 2023 Annual Financial Statements, of which accrued interest in the amount of Twenty Million Three Hundred Eighteen Thousand United States Dollars (US $20,318K) is to be excluded) (8) any other change in balance sheet items that have similar economic content as to any of the above sub sections (i.e. part of working capital), and not listed here. Increase in such elements from the asset side of the balance sheet decrease OFCF, and increase in such from the liability side of the balance sheet increase OFCF, while decrease in such elements from the asset side of the balance sheet increase ...
Sample 1
Working Capital Change means the Borrower’s Working Capital from the prior calendar year end less the Borrower’s Working Capital for the applicable calendar year end, each as measured based upon the Borrower’s consolidated, audited balance sheet as of December 31, prepared consistently in accordance with GAAP.”
Sample 1

Related to Working Capital Change

  • 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.

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

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

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

  • 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.

  • Working Capital Units shall have the meaning given in the Recitals hereto.

  • 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.

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

  • 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.

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

  • 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 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).

  • Working Capital Target means $0.

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

  • Target Working Capital means $0.

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

  • 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.

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

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

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Working Capital Borrowings means borrowings incurred pursuant to a credit facility, commercial paper facility or similar financing arrangement that are used solely for working capital purposes or to pay distributions to the Partners; provided that when such borrowings are incurred it is the intent of the borrower to repay such borrowings within 12 months from the date of such borrowings other than from additional Working Capital Borrowings.

  • 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.

  • 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.