Base Working Capital means $25,000,000.
Estimated Working Capital has the meaning set forth in Section 2.3(a).
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.
Working Capital Amount shall have the meaning specified in Section 3.4(e).
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.
Final Working Capital has the meaning set forth in Section 2.04(b).
Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;
Target Working Capital Amount means $162,000,000.
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Target Net Working Capital Amount means $0.
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.
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.
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.
Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).
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.
Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2
Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).
Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.
Net Working Capital means current assets minus current liabilities.
Actual Working Capital has the meaning set forth in Section 2.7(a).
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.
Working Capital Assets means the current assets of the Company as of the Effective Time (including all Cash and Cash Equivalents), determined in accordance with Accounting Principles but excluding any Tax assets.
Target Working Capital means $0.
Net Working Capital Target means $0.00.
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).