Borrowers Net Working Capital definition

Borrowers Net Working Capital means, at any date, an amount equal to (a) the Borrowers Current Assets, minus (b) Borrowers Current Liabilities.
Sample 1

Examples of Borrowers Net Working Capital in a sentence

  • Clerk stated that the issue has been resolved.− Recycling – Overflowing containers – Contacted hauler to provide a third container.

  • At no time will the Borrower allow the sum of the following: (a) 25% of the Borrower's Net Position Value, plus (b) Borrower's Transportation and Storage Exposure, plus (c) Borrower's Below Index Sales Exposure, to exceed 33% of Borrower's Net Working Capital at such time, where,..........................................................................................

  • The Parish Council and Hastoe housing Association have consulted extensively within the parish and would appreciate a fast tracked decision of approval so that construction can commence as soon as possible.

  • Permit (i) Net Working Capital to be less than Ten Million Dollars ($10,000,000) at any time or (ii) Borrowers Net Working Capital to be less than Ten Million Dollars ($10,000,000) at any time.

Related to Borrowers Net Working Capital

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Actual Working Capital has the meaning set forth in Section 2.7(a).

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

  • Target Net Working Capital means $0.

  • 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).

  • Target Working Capital means $0.

  • Closing Net Working Capital means the Net Working Capital as of the open of business on the Closing Date.

  • Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.

  • Consolidated Working Capital at any date, the excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date.

  • Base Working Capital means negative USD$250,000 in aggregate for the Target Entities.

  • Working Capital Borrowings means borrowings incurred pursuant to a credit facility, commercial paper facility or similar financing arrangement that are used solely for working capital purposes or to pay distributions to the Partners; provided that when such borrowings are incurred it is the intent of the borrower to repay such borrowings within 12 months from the date of such borrowings other than from additional Working Capital Borrowings.

  • Final Working Capital has the meaning set forth in Section 2.4(b)(iii).

  • Working Capital Advance has the meaning specified in Section 2.01(c).

  • 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.

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.

  • Working Capital Lender means any Lender that has a Working Capital Commitment.

  • Working Capital Assets has the meaning as set forth in the Recitals of this Agreement.

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

  • Working Capital Loan has the meaning specified in Section 2.1(c).

  • Target Net Working Capital Amount means $5,000,000.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Working Capital Loans means any loan made to Acquiror by any of the Sponsor, an Affiliate of the Sponsor, or any of Acquiror’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.