Initial Working Capital definition

Initial Working Capital has the meaning set forth in Section 2.4(a).

Initial Working Capital shall have the meaning given to such term in Section 5.1.

Initial Working Capital as defined in Section 2.7(a).

Examples of Initial Working Capital in a sentence

• If the Ending Working Capital Balance exceeds the Initial Working Capital Balance, Lessor shall pay over to Lessee cash in the amount of such excess within thirty (30) days of such determination.

• If the Ending Working Capital Balance is less than the Initial Working Capital Balance, Lessee shall pay over to Lessor cash in the amount of such deficiency, within thirty (30) days of such determination.

• If the Adjustment Amount is negative, the difference between the Closing Working Capital and the Initial Working Capital shall be paid by wire transfer by Buyer to an account specified by Seller.

• Additionally, both the Initial Working Capital Balance and the Ending Working Capital Balance shall be calculated without the inclusion of any "in circulation" operating or consumable supplies ("In-Circulation Supplies").

• The total amount to be transferred to the Reclamation Sinking Fund by all of the Sureties is expected to total approximately $58,265,000 plus interest thereon, if any; provided however, that the aggregate amount of such transfers for each of the Sureties, to include the Initial Working Capital Funding Amount, shall not exceed the current amount of collateral held by each of the Sureties (provided solely with respect to Zurich, minus $1,000,000) respectively, plus interest earnings thereon.

More Definitions of Initial Working Capital

Initial Working Capital shall have the meaning set forth in the Term Sheet.

Initial Working Capital means Working Capital as of September 30, 2012 as set forth on Schedule 1.1(a).

Initial Working Capital shall have the meaning given to such term in SECTION 5.1.

Initial Working Capital means the aggregate amount of the Accounts Receivable, the Inventories, the Acuna Accounts Receivable and the Acuna Inventories, minus the aggregaxx xxount of the Accounts Payable, xxx Accrued Liabilities, the Acuna Accounts Payable and the Acuna Accrued Liabilities, all as shown xx xhe Interim Balance Sheet ox xxx Acuna Interim Balance Sheet, as the case may be. Taking into account txx xxovisions of Section 2.7(d), the Initial Working Capital is stipulated and agreed by the parties to be $20,040,000.00.

Initial Working Capital means the Working Capital in the Initial Financial Statements.

Initial Working Capital is defined in Section 3.3(d)(iv).

Initial Working Capital means those items that are required as part of the base of the business and includes, but is not limited to, deposits for utilities, rent, down payments for insurance and lease purchases, purchase of office supplies and incidentals and petty cash.