Cobia Closing Working Capital means Working Capital of the Cobia Acetow Group as of the Adjustment Calculation Time.
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.
Final Closing Working Capital has the meaning set forth in Section 2.5(d).
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Closing Net Working Capital means Net Working Capital as of the Adjustment Calculation Time.
Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.
Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.
Target Working Capital means $0.
Base Working Capital means $25,000,000.
Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).
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.
Target Net Working Capital means $0.
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 means current assets minus current liabilities.
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 Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).
Final Working Capital has the meaning set forth in Section 2.04(b).
Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).
Target Working Capital Amount means $162,000,000.
Final Closing Cash shall have the meaning set forth in Section 2.11(g).
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 Shares shall have the meaning given in the Recitals hereto.
Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.
Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.