Minimum Net Working Capital definition

Minimum Net Working Capital has the meaning set forth in Section 2.2(a).

Minimum Net Working Capital. Minimum Net Working Capital" shall mean the excess of Current Assets over Current Liabilities.

Minimum Net Working Capital means negative $570,000.

Examples of Minimum Net Working Capital in a sentence

• If so revised, DEALER agrees to enter into the revised Minimum Net Working Capital Agreement and to meet the new standard within a reasonable period of time as established by DISTRIBUTOR.

• Therefore, DEALER agrees to establish and maintain actual net working capital in an amount not less than the minimum net working capital specified in a separate Minimum Net Working Capital Agreement executed by DEALER and DISTRIBUTOR concurrently with this Agreement.

• A quarterly officers certificate within 45 days of each fiscal quarter end, in a form acceptable to CoBank, certified by an officer of the Company, that measures compliance with Minimum Net Working Capital; Long Term Debt Coverage and Long Term Debt to Capitalization.

• The Net Working Capital of the Company, as estimated in good faith by the Company no more than three (3) Business Days prior the Closing Date, shall be not less than the Minimum Net Working Capital.

• Therefore, DEALER agrees to establish and maintain actual net working capital in an amount not less than the minimum net working capital specified in a separate Minimum Net Working Capital Agreement made between DEALER and HMA and executed by DEALER and HMA concurrently with this Agreement.

More Definitions of Minimum Net Working Capital

Minimum Net Working Capital means US$53,000,000. For the avoidance of doubt, the Minimum Net Working Capital includes the Minimum Net Cash Balance.

Minimum Net Working Capital means an amount equal to $8 million less the sum of any Other Exit Costs paid for or accrued prior to December 31, 2002. An example of the calculation of Minimum Net Working Capital is set forth on Schedule 8.1.

Minimum Net Working Capital means $5,800,000.

Minimum Net Working Capital means Adjusted Net Working Capital as of October 31, 2006, which is the sum of $11,840,339.66.

Minimum Net Working Capital means $1,085,000.

Minimum Net Working Capital means $3,000,000.

Minimum Net Working Capital means “Current Assets” minus “Current Liabilities” as reported on and defined in the Sponsor’s quarterly financial statements.