CLF&P’s Net Working Capital means CLF&P’s Current Assets less CLF&P’s Current Liabilities.
Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.
Target Net Working Capital means $0.
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).
Target Working Capital means $0.
Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).
Closing Net Working Capital means the Net Working Capital as of the open of business on the Closing Date.
Working Capital means, on any date, Current Assets less 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).
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.
Consolidated Working Capital at any date, the excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date.
Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.
Base Working Capital means negative USD$250,000 in aggregate for the Target Entities.
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.
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.
Final Working Capital has the meaning set forth in Section 2.4(b)(iii).
Target Net Working Capital Amount means $5,000,000.
Estimated Working Capital has the meaning set forth in Section 2.3(a).
Net Working Capital Target means $0.00.
Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Target Working Capital Amount means Nineteen Million Dollars ($19,000,000).
Closing Date Working Capital has the meaning specified in Section 2.3(b).
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 Assets has the meaning as set forth in the Recitals of this Agreement.
Working Capital Amount shall have the meaning specified in Section 3.4(e).