Canadian Net Working Capital definition

Canadian Net Working Capital means, as of the close of business on the date that is three Business Days prior to Closing, accounts receivable (less any allowance for doubtful accounts) plus inventory net of provisions (less any freight and ingredient purchase order accruals) minus current amounts due to trade creditors, all as included in the Purchased Canadian Assets or the Assumed Canadian Liabilities, as applicable.
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Canadian Net Working Capital means the Current Assets of Wxxxx Canada minus the Current Liabilities of Wxxxx Canada which shall be calculated in accordance with the Accounting Principles.
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Canadian Net Working Capital means, with respect to the Newcos and as of any date of determination, the sum of the Current Newco Assets as of such date, minus the sum of the Current Newco Liabilities as of such date. For clarity, an example of the calculation of Canadian Net Working Capital as at December 31, 2015 is attached in Schedule 1.1.
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Examples of Canadian Net Working Capital in a sentence

  • The Final US Net Working Capital and the Final Canadian Net Working Capital as set forth on the Closing Statement shall be calculated in accordance with the Accounting Principles.

Related to Canadian 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).

  • Target Net Working Capital means $36,500,000.

  • Target Working Capital has the meaning set forth in Section 2.06(a)(ii).

  • 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).

  • Working Capital means Current Assets less Current Liabilities.

  • Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).

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

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

  • Closing Date Net Working Capital has the meaning specified in Section 3.4(a).

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

  • 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 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.

  • Base Working Capital means $25,000,000.

  • Target Net Working Capital Amount means $0.

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

  • 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.

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

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

  • Net Working Capital Target means $0.00.

  • Target Working Capital Amount means $162,000,000.

  • Estimated Working Capital has the meaning set forth in Section 2.3(a).

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