Working Capital Date definition

Working Capital Date means June 30, 2005.
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Working Capital Date means a date no more than ten (10) days prior to the second Business Day after the Condition Satisfaction Date; provided, that Working Capital amounts in respect of (a) net accounts receivable, total inventories and accounts payable shall be as of a date no more than five (5) days prior to such second Business Day and (b) accrued expenses incurred in connection with the Restructuring shall be accrued through the Closing Date.
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Working Capital Date means December 31, 2011.
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Examples of Working Capital Date in a sentence

  • The amount of the provision at the Working Capital Date shall be reduced to reflect related actual payments made up to and including the Working Capital Date.

  • Section 3.9 of the Disclosure Schedule contains a complete and accurate list of all Accounts Receivable as of the Base Working Capital Date, which list sets forth the aging of such Accounts Receivable.

  • No Distributions have been made from or after the Working Capital Date, except for cash Distributions as may be set forth in the statement to be provided pursuant to Section 3.3(a).

  • Purchaser, with the written consent of Vendor, shall have the right to settle, either administratively or after the commencement of litigation, any proceeding relating to Taxes of the Corporation and any of the Subsidiaries for any taxation year ending on or before the Working Capital Date.

  • In the case of any Straddle Period, Vendor shall be entitled to participate at its expense in or with respect to any Tax Claim relating (in whole or in part) to Taxes attributable to the part of that Straddle Period ending on or before the Working Capital Date, and with the written consent of Purchaser, and at Vendor’s sole expense, may assume the entire control of that Tax Claim.

  • The Rangeland Companies do not have any obligations to any other parties to sell or deliver crude oil or other hydrocarbons to any such parties after the Working Capital Date without being entitled in due course after such delivery to receive and retain full payment therefor.

  • In the case of any Straddle Period, Sellers shall be entitled to participate at their expense in or with respect to any Tax Claim relating (in whole or in part) to Taxes attributable to the part of that Straddle Period ending on or before the Working Capital Date, and with the written consent of Purchaser, and at Sellers’ sole expense, may assume the entire control of that Tax Claim.

  • Whilst indications of future system need have beenprovided through projections such as National Grid ESO’s FES, there is considerable uncertainty around areas such as the decarbonisation of heat, the decarbonisation of transport, and the role of interconnectors.

  • Vendor shall be entitled to participate in or with respect to that Tax Claim relating (in whole or in part) to Taxes attributable to taxation years ending on or before the Working Capital Date and, with the written consent of Purchaser, and at Vendor’s sole expense, may assume the entire control of that Tax Claim.

  • In the case of any Straddle Period, Vendor shall be entitled to participate at its expense in or with respect to any Tax Claim relating (in whole or in part) to Taxes attributable to the part of that Straddle Period ending on or before the Working Capital Date, and with the written consent of Purchaser, and at Vendor's sole expense, may assume the entire control of that Tax Claim.


More Definitions of Working Capital Date

Working Capital Date has the meaning set forth in Section 4.5(a).
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Working Capital Date means the first day of the calendar month in which the Closing Date occurs.
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Working Capital Date means 11.59 p.m. on 31 July 2004 or, if applicable, 11.59 p.m. on the last day of the calendar month in which the Order in sub-clause 5.1 shall be vacated, lifted or reversed;
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Working Capital Date means 11:59 p.m. on the Closing Date; provided, however, that if the Closing Date does not occur on the last day of the month, Working Capital Date shall mean 11:59 p.m. on the last day of the month immediately preceding the month in which the Closing Date occurs;
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Working Capital Date means May 31, 2007.
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Working Capital Date the earlier of:
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Related to Working Capital Date

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

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

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

  • 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.

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

  • 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 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.

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

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

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

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

  • 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.

  • Target Working Capital means $0.

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

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

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

  • Working Capital Target means $0.

  • 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.

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

  • 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.

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

  • 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.

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