Working Capital Date definition

Working Capital Date means June 30, 2005.

Working Capital Date means May 31, 2007.

Working Capital Date means the first day of the calendar month in which the Closing Date occurs.

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).

• No Distributions will be made from or after the Working Capital Date.

• Purchaser may only make a claim for an adjustment to Net Working Capital in respect of inventory if and to the extent that (1) such inventory is represented to be owned by the Company under , but is not owned by the Company on the Net Working Capital Date, or (2) such inventory was assigned a book value in preparing the Closing Date Statement in excess of the value that should have been assigned based on the principles set out on Exhibit 1.1(c).

• In addition, the provision will be reduced by (pound)0.3 million (being the amount identified by management as relating to 2003 schemes and released to income in the three months to the Working Capital Date).

• The Estimated Net Working Capital will be prepared (i) in the same format as the Reference NWC Statement, and (ii) in accordance with the standards and methodologies set out therein, in each case, using the relevant Business Records as of the Estimated Net Working Capital Date.

• In the event that the amount of the Stockholder Representatives’ Working Capital Claim exceeds the amount of the Working Capital Date Excess Cash available for distribution from the Working Capital Escrow Account, Parent or the Surviving Corporation shall contribute to the Working Capital Escrow Account the difference between the amount of the Stockholder Representatives’ Working Capital Claim and the amount of Working Capital Date Excess Cash available for distribution.

• B6880 ADVERTISING The provision shall be fixed at (pound)0.1 million COMMISSIONS ACCRUAL at the Working Capital Date.

• From and after the Applicable Working Capital Date, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall, subject to Closing having occurred, remit such funds to Buyer within five Business Days after the later of (i) the Closing Date and (ii) its receipt thereof.

More Definitions of Working Capital Date

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.

Working Capital Date means December 31, 2011.

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;

Working Capital Date the earlier of:

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;

Working Capital Date has the meaning set forth in Section 4.5(a).