Working Capital Needs definition

Working Capital Needs means compensation and benefits costs, occupancy (rent) costs, IT costs, communications costs, professional fees, interest expense, insurance costs, board of director fees and business travel related costs, in each case, incurred in the ordinary course of business.
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Working Capital Needs means with respect to any seven-day period applicable to determining whether the Borrowing Condition is met the Company's actual cash funding needs for ordinary course of business expenditures (net of other sources of funds available or expected to be available to it, including previous Borrowings).
Sample 1
Working Capital Needs means all funding --------------------- needs of the Company that may be required to continue to operate all aspects of the Company's business in the ordinary course of business in accordance with past practices. The Company will use its best efforts, subject to commercial reasonableness, not to increase the Working Capital Needs of the Company prior to the Effective Time. The Controlling Shareholder Loan shall be evidenced by one or more interest bearing demand promissory notes of the Company payable in the form of or otherwise convertible into Company Common Stock, which interest shall be converted at the Closing into Parent Common Stock in the same manner as the Controlling Shareholder Loan, provided, however, that such notes shall not bear interest in excess of 12% per annum.
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Examples of Working Capital Needs in a sentence

  • Short Term Working Capital Needs are estimated at $5,000,000, which is expected to be raised through issue of convertible debt or private offerings of common stock.

  • Unit 4: PLANNING AND FORECASTING OF WORKING CAPITAL 10 HrsConcept of Working Capital – Determinants of Working Capital – Estimating Working Capital Needs – Operating Cycle – Cash Management – Motives of Holding Cash – Cash Management Techniques – Preparation of Cash Budget – Receivables Management – Preparation of Ageing Schedule and Debtors Turnover Ratio – Inventory Management Techniques – Problems on EOQ.

  • Short Term Working Capital Needs are estimated at $1,000,000, which is expected to be raised through issue of convertible debt or private offerings of common stock.

  • Short Term Working Capital Needs are estimated at $1,500,000, which is expected to be raised through issue of convertible debt or private offerings of common stock.

  • Table 7 : Working Capital Needs of Microenterprises *A working capital sum to get the businesses of the ground.

  • Based on that evidence, the Bankruptcy Court will determine the appropriate valuation for the Reorganized Debtor for purposes of the Plan.2. The Reorganized Debtor May Not Be Able to Achieve Projected Financial Results or Finance All Operating Expenses, Working Capital Needs and Capital Expenditures The Reorganized Debtor or the Purchaser may not be able to meet its projected financial results or achieve projected revenues and Cash flows assumed in projecting future business performance.

  • Section 4.1. Capital Contributions to Fund Capital Expenditures and Working Capital Needs.

  • The Reorganized Debtors May Not be Able to Meet Post-Reorganization Debt Obligations and Finance All Operating Expenses, Working Capital Needs and Capital Expenditures....94 4.

  • Sections under this Division are: Exhibition, cultural events and sports.

  • Calculate the Net Working Capital (this becomes an input in the calculation of Free Cash Flows in Section IV)Change in Net Working Capital: Revenue: $21,000,000 $36,000,000 $42,000,000 $24,000,000 $15,600,000 Initial Working Capital Requirement $100,000 Net Working Capital Needs: $2,100,000 $3,600,000 $4,200,000 $2,400,000 $1,560,000 Liquidation of Working Capital $1,560,000 Change in Working Capital: $100,000 $2,000,000 $1,500,000 $600,000 ($1,800,000) ($2,400,000) Section IV.


More Definitions of Working Capital Needs

Working Capital Needs means the projected deficit in cash flows of Borrower for a specified period as set forth in each Notice of Borrowing.
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Working Capital Needs means working capital needs of the Borrowers in connection with the operation of the Kept Assets and the Stations
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Working Capital Needs means amounts required to fund all expenses incurred by the Company in the operation, management and maintenance of the Facility in order to produce refined coal, including the costs of labor, permits, insurance, "redetermination" compliance, the proprietary chemical additives, payments under the Project Documents, the Management Fee, applicable state and local taxes, and the costs associated with any decommissioning or relocation of the Facility.
Sample 1

Related to Working Capital Needs

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

  • Target Working Capital means $0.

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

  • 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).

  • 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.

  • 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 Target means $0.

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

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

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

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

  • 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 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.

  • Target Net Working Capital means $0.

  • 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.

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

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

  • 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.

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

  • 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.

  • Actual Working Capital has the meaning set forth in Section 2.7(a).

  • Net Working Capital Target means $0.00.

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