Working Capital Collar Amount definition

Working Capital Collar Amount means Two Hundred Thousand Dollars ($200,000).
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Working Capital Collar Amount means, as dictated by context, plus or minus $600,000.00.
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Working Capital Collar Amount means an amount equal to five hundred thousand dollars ($500,000).
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Examples of Working Capital Collar Amount in a sentence

  • Presumably, therefore, the availability of cash in the tri-party market for a certain type of collateral influences the availability and the terms of repo lending to investors who own that type of collateral.Specifically, our fund owns mostly mortgage-backed collateral (direct MBS, or CDOs of MBS).

  • An amount equal to (i) $150,000,000, plus (ii) the amount, if any, by which the Estimated Net Working Capital exceeds the Closing Net Working Capital Target by more than the Net Working Capital Collar Amount, minus(iii) the amount, if any, by which the Closing Net Working Capital Target exceeds the Estimated Net Working Capital by more than the Net Working Capital Collar Amount, plus (iv) the Estimated Net Cash, minus (v) the Estimated Indebtedness, and minus (vi) the Estimated Transaction Expenses.

  • An amount equal to (i) $150,000,000, plus (ii) the amount, if any, by which the Closing Net Working Capital exceeds the Closing Net Working Capital Target by more than the Net Working Capital Collar Amount, minus (iii) the amount, if any, by which the Closing Net Working Capital Target exceeds the Closing Net Working Capital by more than the Net Working Capital Collar Amount, plus (iv) the Closing Net Cash Amount, minus (v) the Closing Indebtedness, and minus (vi) the Transaction Expenses.


More Definitions of Working Capital Collar Amount

Working Capital Collar Amount means an amount equal to 5% of the Working Capital Target.
Sample 1
Working Capital Collar Amount means $3,630,000.
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Related to Working Capital Collar Amount

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

  • Working Capital Target means $0.

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

  • 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 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.

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

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

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

  • 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.

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

  • Net Working Capital Target means $0.00.

  • Working Capital Escrow Amount means $2,000,000.

  • 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.

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

  • Working Capital Surplus means the amount by which the Working Capital is greater than the Target Working Capital Amount.

  • 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.

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

  • Working Capital Assets has the meaning as set forth in the Recitals of this Agreement.

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

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

  • Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).

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

  • 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.