Working Capital of the Company definition

Working Capital of the Company or “Working Capital” means the Current Assets of the Company, less the Current Liabilities of the Company determined in accordance with and adjusted pursuant to the Accounting Principles.
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Working Capital of the Company or "Working Capital" shall mean the current assets of the Company, less the current liabilities of the Company determined in accordance with and adjusted pursuant to the Accounting Principles.
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Working Capital of the Company means those current assets of the Company and its subsidiaries minus those current liabilities of the Company and its subsidiaries described in Exhibit 1.1 hereof.
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Examples of Working Capital of the Company in a sentence

  • The Net Working Capital Closing Statement shall contain line item detail comparable to the balance sheet included in the most recent Financial Statements with respect to the components of the Net Working Capital of the Company as of the Calculation Date.

  • The Referee shall make a determination with respect to the disputed matters submitted to it and determine the Net Working Capital of the Company and the Final Cost Adjustments as of the Calculation Date within 30 days after the objections that remain in dispute are submitted to it.

  • Exhibit 2.16 contains a true and accurate (i) list of all Accounts Receivable, and (ii) list of all Accounts Payable and (iii) statement of the working capital ("Working Capital") of the Company as of the Balance Sheet Date.

  • There shall have been no material change in the Working Capital of the Company.

  • Buyer shall, within 90 days following Closing, prepare and deliver to the Elite and the Physicians’ Representatives a proposed final calculation (the “Working Capital Statement”) of the Working Capital of the Company as of the Closing Date (the “Closing Date Working Capital”).

  • If the Working Capital of the Company, at the time of Closing (the "Closing Working Capital") is less than $771,240, then the Cash Consideration and the Stock Consideration shall be proportionally decreased by the difference.

  • The Closing Statement will set forth the aggregate amount of Working Capital of the Company as of the Closing Date, and shall reflect the Adjustments (the “Closing Date Working Capital”).

  • The Net Working Capital of the Company, as estimated in good faith by the Company no more than three (3) Business Days prior the Closing Date, shall be not less than the Minimum Net Working Capital.

  • Such adjustment shall be calculated based on the Sellers’ good faith estimate of Net Working Capital of the Company at the Closing Date, set forth in the Closing Statement delivered to Purchaser pursuant to paragraph (a) above, and any dispute notice timely delivered by the Purchaser to Sellers, and any resolution of such dispute, if any such resolution is reached by the parties pursuant to the negotiations contemplated by Section 3.02(a).

  • Within ninety (90) days after the Closing Date, Buyer will prepare and deliver to Seller a certificate (the “NWC Certificate”), signed by Buyer, certifying Buyer’s good faith determination of the actual Net Working Capital of the Company as of the Closing Date, and identifying any Net Working Capital Adjustments to the Purchase Price as a result of the actual Net Working Capital as of the Closing Date being greater than (or less than) Target Net Working Capital.


More Definitions of Working Capital of the Company

Working Capital of the Company means the Current Assets of the Company less the Current Liabilities of the Company, excluding cash, deferred tax assets or deferred tax liabilities, accrued interest associated with Total Indebtedness, current portion of obligations under capital lease, and current portion of long term debt, as recorded on the Preliminary Closing Statement or on the Final Closing Statement, as applicable and accounted for in a manner consistently applied with the Audited Financial Statements. For the purposes of this Agreement: (A) “Current Assets of the Company” means the Company current assets as recorded on the Preliminary Closing Statement or on the Final Closing Statement, as applicable and (B) “Current Liabilities of the Company” means the Company current liabilities as recorded on the Preliminary Closing Statement or on the Final Closing Statement, as applicable;
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Working Capital of the Company means the Current Assets of the Company less the Current Liabilities of the Company, as recorded on the Preliminary Closing Statement or on the Final Closing Statement, as applicable.
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Related to Working Capital of the Company

  • 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 Lender means any Lender that has a Working Capital Commitment.

  • 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).

  • Target Working Capital means $0.

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

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

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

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

  • 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.

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

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

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

  • Target Net Working Capital means $0.

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

  • 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 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 Shares shall have the meaning given in the Recitals hereto.

  • Working Capital Target means $0.

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

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

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