Working Capital Requirement definition

Working Capital Requirement means the working capital requirement referred to in Table B of this Part.
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Working Capital Requirement means $13,900,000.
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Working Capital Requirement has the meaning set forth in (S) 2(d).
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Examples of Working Capital Requirement in a sentence

  • Borrower will at all times maintain working capital of at least the amount set forth in Section 8(c) of Schedule A as the Minimum Working Capital Requirement.

  • If Seller's working capital as of the Effective Date is less than the Working Capital Requirement (unless such deficiency is the result of extraordinary changes or expenses received by the Seller with the consent of the Buyer), the purchase price to be paid by Buyer to Seller for the Assets set forth in Section 3 hereof shall be reduced on a dollar-for-dollar basis.

  • As of the Effective Date, Seller shall have a working capital ratio of not less than .69 and a net working capital deficit (current assets, including inventory, receivables and cash, less current liabilities) of not less than $(65,000) exclusive of the current portion of long-term debt (the "Working Capital Requirement").

  • Buyer shall withhold and deposit into escrow under a Holdback Escrow Agreement substantially in the form of Exhibit 3.3 hereto, all of the Consideration Shares issuable to Seller hereunder to secure any obligation or liability of Seller under this Agreement, including Seller's obligation with respect to the Working Capital Requirement.

  • In the event of any claim for indemnification by Buyer against Seller under this Agreement, or in the event Seller fails to satisfy the Working Capital Requirement under this Agreement, a number of the Consideration Shares having a Market Value equal to the amount of the indemnity claim or the amount of working capital deficiency of Seller as of the Effective Date shall be returned to Buyer and cancelled.


More Definitions of Working Capital Requirement

Working Capital Requirement means (a) negative $5,300,000 until March 31, 2000 and (b) for any date on or after April 1, 2000, the Working Capital Requirement as of the last day of the preceding calendar month plus $20,000.
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Working Capital Requirement means $8,000,000 of working capital (excluding spare parts inventory and short-term debt) or, if greater, the minimum working capital under any Company loan agreement.
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Working Capital Requirement has the meaning specified in Section 2.4.
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Working Capital Requirement means an amount equal to $5,000,000.
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Working Capital Requirement means negative $1,500,000 until January 31, 1999 and for each calendar month thereafter means the Working Capital Requirement as of the last day of the preceding calendar month plus $50,000.
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Working Capital Requirement. Working Capital Requirement" has the meaning set forth in Section 2.9(a).
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Working Capital Requirement means an aggregate Working Capital of the Company on the Closing Date equal to
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