CCR Net Working Capital definition

CCR Net Working Capital means (a) the current assets of the CCR Business listed on Section B-2 of the CCR Disclosure Schedule, include all cash located in the CCR Subject Equipment as reflected in the full service change fund, less (b) the current liabilities of the CCR Business listed on Section B-2 of the CCR Disclosure Schedule.
Sample 1
CCR Net Working Capital means, as of any date, the difference between (i) the current assets of the Business, including cash and cash equivalents, inventory, Accounts Receivable, and current prepaid expenses and (ii) the current liabilities of the Business, including accounts payable, all accrued expenses, Gift Certificates and all Progressive Liabilities, as of such date, with each amount determined using the same accounting methods, practices, principles, policies and procedures, with consistent classifications, judgments, and valuations and estimation methodologies and income recognition and expense policies that were used in preparation of the Financial Information; provided, however, that for purposes of this Agreement, the calculation of CCR Net Working Capital shall exclude any Tax assets, Tax Liabilities, Excluded Assets and Excluded Liabilities.
Sample 1

Examples of CCR Net Working Capital in a sentence

  • After the Closing, CCI shall promptly deliver to CC Buyer any cash, checks or other property that CCI or any of its Affiliates receive to the extent relating to the Accounts Receivable of the Business included in the Final Closing CCR Net Working Capital.

  • Customer Deposits received by CCI relating to rooms, services and/or events at the Hotel relating to the period from and after the Closing shall (to the extent outstanding as of the Closing Date) be reflected and included in the calculation of the Final Closing CCR Net Working Capital.

  • After the Closing, CC Buyer shall promptly deliver to CCI any cash, checks or other property that CC Buyer or its Affiliates receive to the extent relating to any Accounts Receivable not included in the Final Closing CCR Net Working Capital.

Related to CCR Net Working Capital

  • Net Working Capital means current assets minus current liabilities.

  • Target Net Working Capital means $0.

  • Target Working Capital means $0.

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

  • Closing Net Working Capital means Net Working Capital as of the Adjustment Calculation Time.

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

  • 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.

  • 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.

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

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

  • Consolidated Working Capital means, as at any date of determination, the excess of Consolidated Current Assets over Consolidated Current Liabilities.

  • 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).

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

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.

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

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

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

  • Net Working Capital Target means $0.00.

  • 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 Net Working Capital Amount means $0.

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

  • Final Working Capital has the meaning set forth in Section 2.04(b).

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

  • 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.

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).