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.
Base Working Capital means $25,000,000.
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 Working Capital means $0.
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).
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.
Final Working Capital has the meaning set forth in Section 2.04(b).
Closing Net Working Capital means Net Working Capital as of the Adjustment Calculation Time.
Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).
Target Net Working Capital means $0.
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Consolidated Working Capital means, as at any date of determination, the excess of Consolidated Current Assets over Consolidated Current Liabilities.
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).
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.
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Working Capital Amount shall have the meaning specified in Section 3.4(e).
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.
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.
Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.
Working Capital Advance has the meaning specified in Section 2.01(c).
Target Working Capital Amount means $162,000,000.