Core Working Capital definition

Core Working Capital means the Company’s net accounts receivable plus net inventories less accounts payable, excluding intercompany receivable and intercompany accounts.
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Core Working Capital means the Company’s net accounts receivable plus net inventories less accounts payable, excluding intercompany receivable and intercompany accounts; provided, however, that for purposes of this FY12 AIP, only the Core Working Capital that is attributable to the businesses that will comprise the SLE 2.0 business at the time of the Anticipated CoffeeCo Spin-Off will be used to measure achievement of the Average Working Capital performance goal.
Sample 1

Examples of Core Working Capital in a sentence

  • Liquidity needs will be met through active cash management, the redemption of individual securities and calls from the Core Working Capital Fund as required.

  • In February 2008, the Board directed that the majority of the working capital funds be transferred to a Core Working Capital Fund to be managed by UBC Investment Management Trust (“IMANT”).

  • B) Staff Pension Plan; (C) Supplemental Plan;(D) Brain Research Centre;(E) Centre for Hip Health;(F) Core Working Capital; and(G) Special Working Capital.2. Reports to the Killam Trustees:IMANT will report twice a year to the Killam Trustees on the Killam Trust investment structure and performance results.

  • This document constitutes the Statement of Investment Policies and Procedures (the “Policy”) applicable to the assets for the Core Working Capital Fund (the “Fund”) established by the University of British Columbia (the “University”).

  • The Fund’s assets consist of a liquid, working capital pool of monies referred to as the UBC Core Working Capital Fund.

  • With the funds under Treasury management of $100 million, it is expected that the University will only draw on or contribute to the Core Working Capital Fund three to five times a year.

  • Core Working Capital includes Accounts Receivables, Inventories and Accounts PayablesNet Debt to Adjusted EBITDA is the leverage ratio used in our credit agreement and defined as Net Debt (which is long-term debt less cash and cash equivalents) divided by Adjusted EBITDA.

  • The process involved IMANT working with Treasury to conduct a study of draw downs on the Special Working Capital Fund and Core Working Capital Fund to understand the underlying liabilities of the Fund.

  • Request all entities to provide their internal policies in engaging and responding to extremism commenting, use of materials/content generated by extremists, and other related editorial policies.

  • SHFE funds within the Core Working Capital Fund are allocated a pro-rata share of the total return on the Core Working Capital Fund.

Related to Core Working Capital

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

  • Net Working Capital means current assets minus current liabilities.

  • 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.

  • Target Working Capital means $0.

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

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

  • 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.

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

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

  • Target Net Working Capital means $0.

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

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

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

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

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

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

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

  • 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.

  • 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.

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

  • 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.

  • Net Working Capital Target means $0.00.

  • Working Capital Assets means the current assets of the Company as of the Effective Time (including all Cash and Cash Equivalents), determined in accordance with Accounting Principles but excluding any Tax assets.