Working Capital Units shall have the meaning given in the Recitals hereto.
Working Capital Escrow Amount means $500,000.
Working Capital Loan has the meaning specified in Section 2.1(c).
Working Capital Target has the meaning set forth in Section 1.3(b).
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Working Capital Loans means any loan made to Acquiror by any of the Sponsor, an Affiliate of the Sponsor, or any of Acquiror’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.
Base Working Capital means $25,000,000.
Net Working Capital Target means $0.00.
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.
Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2
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 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.
Final Closing Working Capital has the meaning set forth in Section 2.5(d).
Working Capital Advance has the meaning specified in Section 2.01(c).
Working Capital Reserve shall have the meaning set forth in the Partnership Agreement.
Actual Working Capital has the meaning set forth in Section 2.7(a).
Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.
Target Working Capital has the meaning set forth in Section 2.06(a)(ii).
Final Working Capital has the meaning set forth in Section 2.4(b)(iii).
Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.
Working Capital Deficit means the amount by which the Net Working Capital is less than the Target Net Working Capital.
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 Net Working Capital has the meaning specified in Section 3.4(a).
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.
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).
Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).