Working Capital definition

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.

Working Capital means Current Assets less Current Liabilities.

Working Capital mean Borrower's current assets, excluding prepaid expenses, less Borrower's current liabilities.

Examples of Working Capital in a sentence

• If the Working Capital as of the Closing Date, as determined in accordance with this Section 2.8, is less than the Working Capital Estimate, then Buyer shall be entitled to a dollar-for-dollar reduction in the Purchase Price.

• The Contractor shall coordinate with Pine Bluff Arsenal Material Readiness Center for Chemical/Biological Defensive Equipment Production, Maintenance, Testing, Certification and Training, for annual calibration of all leakage test equipment listed in C.5.3.5.1. Due to limitations on the funding process, the Government will pay for this calibration service via Military Interdepartmental Purchase Request (MIPR) to the Army Working Capital Fund (AWCF).

• Working Capital Financing will be prepaid in the cases and on the terms set forth in Section X of this Agreement.

• Each of the Working Capital Warrants shall be identical to the Private Placement Warrants.

• The Working Capital Financing shall be paid with cash excess above the minimum amount required to finance the operation of the Business Group.

More Definitions of Working Capital

Working Capital means funds that are used in the day-to-day operation of the business of the Hotel, including, without limitation, amounts sufficient for the maintenance of change and xxxxx cash funds, amounts deposited in operating bank accounts, receivables, amounts deposited in payroll accounts, prepaid expenses and funds required to maintain Inventories, less accounts payable and accrued current liabilities.

Working Capital means Current Assets minus Current Liabilities.

Working Capital. The words "Working Capital" mean Borrower's current assets, excluding prepaid expenses, less Borrower's current liabilities.

Working Capital means, on any date, Current Assets less Current Liabilities.

Working Capital means the excess of Consolidated Current Assets over Consolidated Current Liabilities.

Working Capital means, at any date, the excess of current assets of the Company and its Subsidiaries on such date (excluding cash and Cash Equivalents) over current liabilities of the Company and its Subsidiaries on such date (excluding current liabilities in respect to Indebtedness), all determined on a consolidated basis in accordance with GAAP.

Working Capital means, for any Person at any date, the amount, if any, by which the Consolidated Current Assets of such Person at such date exceeds the Consolidated Current Liabilities of such Person at such date.