Adjusted December 31 Working Capital Amount means the Adjusted Working Capital Amount based on the Balance Sheet as of the Balance Sheet Date, as more precisely set forth on Schedule I.
Target Net Working Capital Amount means $5,000,000.
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.
Target Working Capital Amount means Nineteen Million Dollars ($19,000,000).
Working Capital Amount shall have the meaning specified in Section 3.4(e).
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 Amount means the amount (which may be positive or negative) equal to the result of the Closing Net Working Capital minus the Target Working Capital Amount.
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.
Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.
Net Working Capital Target means $0.00.
Required Capital Amount has the meaning set forth in Section 5(e) of this Supplement.
Adjusted Consolidated Working Capital means, at any time, Consolidated Current Assets (but excluding therefrom all cash and Cash Equivalents) less Consolidated Current Liabilities at such time.
Working Capital Adjustment has the meaning set forth in Section 2.15(b).
Total adjusted capital means the sum of:
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 Target means $0.
Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.
Estimated Working Capital Adjustment shall have the meaning set forth in Section 2.2(b).
Target Net Working Capital means $0.
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).
Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Adjusted Capital Account Deficit means, with respect to any Member, the deficit balance, if any, in such Member’s Capital Account as of the end of the relevant Fiscal Year, after giving effect to the following adjustments:
Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).