Working Capital Target has the meaning set forth in Section 1.3(b).
Net Working Capital Target means $0.00.
Target Working Capital Amount means $162,000,000.
Target Net Working Capital Amount means $0.
Target Working Capital has the meaning set forth in Section 2.06(a)(ii).
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.
Target Net Working Capital means $36,500,000.
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.
Adjusted Consolidated Working Capital means, at any time, Consolidated Current Assets (but excluding therefrom all cash and Cash Equivalents) less Consolidated Current Liabilities at such time.
Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.
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.
Net Working Capital Adjustment Amount means an amount, which may be a positive or negative number, equal to the Net Working Capital as of the Effective Time minus the Net Working Capital Threshold.
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 Amount shall have the meaning specified in Section 3.4(e).
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2
Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;
Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).
Consolidated Working Capital at any date, the excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date.
Working Capital Deficit means the amount by which the Net Working Capital is less than the Target Net Working Capital.
Estimated Working Capital has the meaning set forth in Section 2.3(a).
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Working Capital Assets means the current assets of Company and its Subsidiaries as of the Effective Time (including all Cash and Cash Equivalents), each determined in accordance with Accounting Principles but excluding all Tax assets; provided, however, in no event shall any accounts receivable relating to item #3 (System Gain/Loss) on Schedule 4.5 be included as a current asset of the Company or its Subsidiaries.
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Working Capital Escrow Amount means $500,000.