CCBCC Target Net Working Capital Amount means an amount equal to the four (4) quarter average “CCBCC NWC” (as defined in this paragraph) for 2016. As used herein, “CCBCC NWC” means (a) the Net Book Value of the current assets of the CCBCC Business listed on Section B-2 of the CCBCC Disclosure Schedule, including all cash located in the CCBCC Subject Equipment as reflected in the full service change fund, less (b) the Net Book Value of the current liabilities of the CCBCC Business listed on Section B-2 of the CCBCC Disclosure Schedule, in each case, as of the CCBCC Parties’ last accounting day in each fiscal quarter of 2016 and determined in accordance with the guidelines set forth on Section B-1 of the CCBCC Disclosure Schedule and in accordance with the CCBCC Closing Financial Information and the CCBCC Agreed Financial Methodology.
CCBCC Target Net Working Capital Amount means an amount equal to the four (4) quarter average “CCBCC NWC” (as defined in this paragraph) for 2014. As used herein, “CCBCC NWC” means (a) the Net Book Value of the current assets of the CCBCC Business listed on Section B-2 of the CCBCC Disclosure Schedule, including all cash located in the CCBCC Subject Equipment as reflected in the full service change fund, less (ii) the Net Book Value of the current liabilities of the CCBCC Business listed on Section B-2 of the CCBCC Disclosure Schedule, in each case, as of the CCBCC Parties’ last accounting day of each quarter in 2014 and determined in accordance with the guidelines set forth on Section B-1 of the CCBCC Disclosure Schedule and in accordance with the CCBCC Closing Financial Information and the CCBCC Agreed Financial Methodology. Notwithstanding the foregoing, in the event the Closing occurs on or prior to May 31, 2015, then solely for purposes of calculating the Estimated CCBCC Net Working Capital Deficit and the Estimated CCBCC Net Working Capital Surplus, the CCBCC Target Net Working Capital shall be an amount equal to $1,430,754.