Working Capital Receivables means (i) in relation to each relevant Business, its Business Receivables as at the Effective Time and (ii) in relation to each Group Company, the aggregate of all amounts receivable, accrued or prepaid by or owed to said Group Company in respect of trading debtors as at the Effective Time, excluding (a) any item to be treated as part of the Cash Balances of said Group Company, and (b) debts owed to said Group Company which are not included in any Working Capital Statement, as included in line items under the heading “Working Capital Receivables” in Paragraph 3 of Schedule 13; and

Working Capital Receivables means the aggregate of all amounts receivable, accrued or prepaid by or owed to the Group Companies in respect of trading debtors as at the Effective Time, excluding (a) any item to be treated as part of the Cash Balances, and (b) debts owed to the Group Companies which are not included in any Working Capital Statement, as derived from the Working Capital Statement and included in line items under the heading "Working capital – Receivables" in Paragraph 3.1 of Schedule 10 Part 3; and

Working Capital Receivables means, in relation to the Group, the aggregate of all amounts receivable for shipments made to customers or other amounts due in connection with customer orders (including, but not limited to freight charges), plus all ordinary course inter-company trade receivables due to any member of the Group from Seller’s Group (excluding Group Companies), comprising those Hyperion sub-accounts identified in Part I of Schedule 5 and as more particularly described in Schedule 6.

Examples of Working Capital Receivables in a sentence

The Borrower shall use the proceeds of the Tranche D Loans to finance Eligible Working Capital Receivables.
To my knowledge, the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of Atlantic BancGroup, Inc., as of and for the period covered by the report.Date: August 10, 2006 /s/ Barry W.

More Definitions of Working Capital Receivables

Working Capital Receivables means, as recorded in the Intermediary Accounts and the Closing Accounts, the aggregate for the Target (in euro and without double counting) of: i. any amounts owed by customers or other third parties, for services provided by the Target; and ii. any amounts of prepaid expenses deferred charges and accrued income, excluding prepaid loan expenses (account 490180). For information purpose, this typically consists of the following codes of the Belgian Standard Chart of Accounts: 3 (Inventories), 40 (Trade receivables), 41 (Other receivables), 490 (Deferred charges) and 491 (Accrued income). 38

Related to Working Capital Receivables

Working Capital Loan has the meaning specified in Section 2.1(c).
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.
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Working Capital Assets means the current assets of Company and its Subsidiaries as of the Effective Time (including all Cash and Cash Equivalents), each determined in accordance with Accounting Principles but excluding all Tax assets; provided, however, in no event shall any accounts receivable relating to item #3 (System Gain/Loss) on Schedule 4.5 be included as a current asset of the Company or its Subsidiaries.
Closing Date Net Working Capital has the meaning specified in Section 3.4(a).
Working Capital Escrow Amount means $500,000.
Final Closing Working Capital has the meaning set forth in Section 2.5(d).
Working Capital Advance has the meaning specified in Section 2.01(c).
Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.
Working Capital Target has the meaning set forth in Section 1.3(b).
Working Capital Reserve shall have the meaning set forth in the Partnership Agreement.
Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.
Net Working Capital Target means $0.00.
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.
Working Capital Lender means any Lender that has a Working Capital Commitment.
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.
Target Working Capital has the meaning set forth in Section 2.06(a)(ii).
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).
Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Working Capital Units shall have the meaning given in the Recitals hereto.
Working Capital Deficit means the amount by which the Net Working Capital is less than the Target Net Working Capital.
Working Capital means Current Assets less Current Liabilities.
Consolidated Working Capital Adjustment means, for any period 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.
Net Working Capital Adjustment Amount means an amount, which may be a positive or negative number, equal to the Net Working Capital as of the Effective Time minus the Net Working Capital Threshold.

Working Capital Receivables definition

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