Working Capital Requirements means the requirements of any Local Agency for funds to be used by, or on behalf of, such Local Agency for any purpose for which such Local Agency may borrow money pursuant to Section 53852 of the California Government Code.
Working Capital Requirements means the requirements of any Public Agency for funds to be used by, or on behalf of, such Public Agency for any purpose for which such Public Agency may borrow money pursuant to Section 53852 of the Government Code of the State of California.
Working Capital Requirements means, with respect to any time, the requirement that the Company have an amount of cash at such time equal to six weeks of the Company’s operating expenses, as reasonably determined by the Distribution Committee, that may be applied to the working capital requirements of the Company (determined in light of expenditures contemplated by the Approved Budget), provided that such amount shall exclude cash held by the Company to meet regulatory requirements (if any).
Examples of Working Capital Requirements in a sentence
Comply with the following covenants and ratios: Working Capital Requirements.
Any cash in excess of the Working Capital Requirements shall be distributed to the Members.
The Company is dependent on bank(s) and financial institution(s) for arranging the Company’s Working Capital Requirements, Term Loans, etc.
Any cash in excess of the Working Capital Requirements shall be distributed to the Members based on their respective Sharing Ratios.
The Company is dependent on bank(s) and financial institution(s) for arranging the Company‘s Working Capital Requirements, Term Loans, etc.
More Definitions of Working Capital Requirements
Working Capital Requirements means all Transaction Costs and, without duplication, all other amounts reasonably required by the Company to fund operational expenses incurred by it in the ordinary course of business, including, without limitation, payables (including payables that are past due on the Closing Date), costs of deferred maintenance (even if such costs are required to be capitalized under GAAP) and other capital expenditures relating to park improvements.
Working Capital Requirements shall not include funds required for retirement of Orange-Madison patron equity.
Working Capital Requirements means the costs of JV LLP relating to its overheads, running costs and general working capital requirements identified in the Business Plan from time to time and, for the avoidance of doubt excluding costs incurred by the Business Manager under the Business Management Agreement;
Working Capital Requirements means the difference between current assets excluding cash and current liabilities at the end of each fiscal year. To this end: (A) the term “current assets excluding cash” means all assets other than cash which could in the ordinary course of business be converted into cash within twelve months, including accounts receivable, marketable securities, inventories and prepaid expenses properly chargeable to operating expenses within the next fiscal year; and (B) the term “current liabilities” means all liabilities which will become due and payable or could under circumstances then existing be called for payment within twelve months, including accounts payable, customer advances, debt service requirements, taxes and payments in lieu of taxes, and dividends; and
Working Capital Requirements means general corporate purposes, including operating expenses, debt service and the Co-Gen Investments.
Working Capital Requirements means the funds required for, or invested in, accounts receivable, inventory, cash on hand, or other current assets required for, associated with, or relating to the conduct of the Business; provided, however, that the term "Working Capital Requirements" shall not include funds required for retirement of Orange-Madison patron equity.
Working Capital Requirements means, with respect to any period, the working capital requirements of the Borrower and its Subsidiaries for such period, reasonably determined by management of Borrower provided: (a) such determination is consistent with the most recent Annual Budget (as defined in and approved in accordance with the LLC Agreement) , (b) such determination is made after giving effect to projected revenues for such period, and (c) such working capital requirements may include capital expenditures anticipated to be made by Borrower and its Subsidiaries during such period if such expenditures are not contemplated to be financed with Debt by Borrower or any Subsidiary.