Viewing Card means the ZEEL approved viewing card to be used in conjunction with the Receiver Box in order for IPTV Operator to access and decode each of the Channels. “ZEEL’s share of MRP” with reference to a pay channel or a bouquet of pay channels means the Maximum Retail Price (MRP) of Zee Group Channels/Bouquets less of Distribution Margin, payable by the IPTV Operator to ZEEL for availing the signals of pay Zee Group Channel or bouquet of pay Zee Group Channels, as the case may be. All other words and expressions used in this Agreement not defined herein, and defined in the Act and rules and regulations made thereunder and the rules and regulations made thereunder, shall have the meanings respectively assigned to them in those Acts or the rules or regulations, as the case may be.
Target Working Capital means $0.
Target Net Working Capital means $0.
Purchasing Card or “P-Card” means The State of West Virginia’s Purchasing Card program, administered under contract by a banking institution, processes payment for goods and services through state designated credit cards.
Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.
Base Working Capital means $25,000,000.
Net Working Capital Target means $0.00.
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.
Operating Margin Customer means a Control Area purchasing Operating Margin pursuant to an agreement between such other Control Area and the LLC.
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).
Estimated Working Capital has the meaning set forth in Section 2.3(a).
Working Capital Target means $0.
Estimated Net Working Capital has the meaning set forth in Section 2.3(a).
SIM Card means the subscriber identity module (a card containing identifying information) which enables a Handset to access the Network.
Monthly Average Subscriber Level means the average number of Subscribers of the Licensee in a particular month, as set forth in the applicable month’s Subscriber Report (refer Schedule D).
Consolidated Working Capital means, as at any date of determination, the excess of Current Assets over Current Liabilities.
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.
Stored-value card means a record evidencing a promise made
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.
Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.
IVR means Interactive Voice Response system;
Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Actual Working Capital has the meaning set forth in Section 2.7(a).
Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).
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.