Working Capital Period definition

Working Capital Period has the meaning set forth in Section 9.5.
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Working Capital Period means the period from the date of this Circular for at least thenext 12 months from the date of this Circular.NOTICE OF GENERAL MEETING MARSTON’S PLC(incorporated and registered in England and Wales under the Companies Act 2006, registered number 00031461) NOTICE OF GENERAL MEETINGNotice is hereby given that a General Meeting of Marston’s PLC will be held at 9.00 a.m. on 25 June 2020 at Marston’s House, Brewery Road, Wolverhampton, WV1 4JT. You will be asked to consider and, if thought fit, to pass the Resolution below. The Resolution will be proposed as an ordinary resolution and will be decided on a poll.Capitalised terms used in this Notice shall have the same meaning as is given to them in the Circular of which this Notice forms part. ORDINARY RESOLUTIONTHAT:
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Working Capital Period means the 12 month period from the date of this Document.
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Examples of Working Capital Period in a sentence

  • The Payment Terms Adjustment shall be equal to (***) for each day in the Working Capital Period.

  • As neither the Existing Group nor Pouncer have reached breakeven, the Enlarged Group may generate sustained losses and which may require the Company to raise additional finance after the Working Capital Period.

  • Nevertheless, the Directors have a reasonable expectation that the Net Proceeds will be Sufficient for the Working Capital Period as risks can be managed and accordingly the Financial Information has been prepared on a going concern basis and do not include the adjustments that would result if the Group were unable to continue as a going concern.

  • The Capital Charge shall be equal to (***) for each day in the Working Capital Period.

  • However, the successful implementation of the Restructuring and Recapitalisation would mean that if a Working Capital Stress Scenario were to occur within the Working Capital Period, the Bank would continue to meet its minimum Pillar 1 regulatory capital requirements.

  • To the extent that the Company raises more than the Minimum Proceeds and elects to repay the minimum of US$750,000 (£609,756), the amount raised above the Minimum Proceeds would be available to the Company during the Working Capital Period; and/or• deferral of planned future capital expenditures on the Gakara Project until funds to undertake such work could be secured.

  • Further details of the funding requirements for the work programme beyond the Working Capital Period are set out at paragraph 5 of the Capital Resources of the Group section in Part V on page 90 of this Document.

  • In relation to overdraft facilities the continued availability of which has been assumed for the purposes of the Working Capital Report, the Company has obtained appropriate comfort from the lenders providing such overdraft facilities as to the continued availability of such facilities over the Working Capital Period and copies of such comfort letters have been provided to Baird.

  • All funds in relation to the Placing have been raised by the Company and are either being held by Tavira pending Admission or will be received in conjunction with Admission.The funding requirement of the Group during the Working Capital Period, excluding any funding which may be required for potential corporate acquisitions, will be available from the Net Proceeds of the Placing and existing cash resources.

  • Although the Group will have sufficient working capital for the Working Capital Period, time delays and budgetary overruns may adversely impact the working capital position beyond the Working Capital Period as delays would postpone the receipt of revenue and may adversely impact the offtake agreement with AtoZ due to the failure to deliver coal on schedule.


More Definitions of Working Capital Period

Working Capital Period means the period commencing on October 30, 2000 and expiring on December 31, 2001 or such later date (but in no event later than December 31, 2002) that Lender may designate.
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Working Capital Period has the meaning set forth in Section 12.4. “Working Capital Statement” has the meaning set forth in Section 12.4. “WTI” means West Texas Intermediate crude oil and any crude oil meeting the specifications of the WTI NYMEX futures contract for delivery at Cushing, Oklahoma. “WTI Contracts” means WTI NYMEX futures contracts on which the WTI Price component of the Transfer Price is based. “WTI Differential” has the meaning set forth in Section 12.1(c). “WTI Price” has the meaning set forth in Section 12.1(a). 1.2
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Working Capital Period means the period from Admission to 31 December 2005; and
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Working Capital Period means the period beginning July 1, 2010 and ending on the Working Capital Date; and
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Related to Working Capital Period

  • 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 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 Escrow Amount means $2,000,000.

  • 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 Advance has the meaning specified in Section 2.01(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.

  • Net Working Capital Target means $0.00.

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

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

  • 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.

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

  • 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.

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

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

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

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

  • Target Working Capital means $0.

  • 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.

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

  • 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.

  • Consolidated Working Capital Adjustment means, for any period of determination on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.