Net Working Capital definition

Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

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Net Working Capital means (i) all current assets of the Company and its Subsidiaries, minus (ii) all current liabilities of the Company and its Subsidiaries, except current liabilities included in Indebtedness.

Net Working Capital means current assets minus current liabilities.

Examples of Net Working Capital in a sentence

• Net Working Capital and Closing Cash shall be determined disregarding any effects on the assets and liabilities of the Company of (i) purchase accounting adjustments arising from or resulting as a consequence of the consummation of the transactions contemplated hereby or (ii) any cash or cash equivalents contributed to the Company by Buyer or any of its Affiliates on the Closing Date.

• Seller shall have no Liability pursuant to Section 8.2 with respect to a Loss to the extent such Loss was specifically included as a liability, or a reserve specifically for such Loss was taken into account, in the calculation of the Final Net Working Capital.

• The Dispute Notice shall set forth the Seller's disagreement with the Closing Company Indebtedness, Closing Transaction Expenses, Closing Net Working Capital or proposed Closing Adjustment Amount based thereon.

• The Protest Notice shall specify in reasonable detail any contested amounts and the basis therefor and shall include a schedule setting forth Seller’s determination of Net Working Capital, Closing Cash, Closing Indebtedness and Seller Transaction Expenses.

• Schedule 2.4 (the “Estimated Closing Schedule”) sets forth Seller’s good faith estimate of Net Working Capital, Closing Cash, Closing Indebtedness and Seller Transaction Expenses.

More Definitions of Net Working Capital

Net Working Capital means, at any date, (a) the consolidated current assets of the Borrower and its consolidated Subsidiaries as of such date (excluding cash and Permitted Investments) minus (b) the consolidated current liabilities of the Borrower and its consolidated Subsidiaries as of such date (excluding current liabilities in respect of Indebtedness). Net Working Capital at any date may be a positive or negative number. Net Working Capital increases when it becomes more positive or less negative and decreases when it becomes less positive or more negative.

Net Working Capital means Current Assets minus Current Liabilities.

Net Working Capital means, as of any date of determination, Current Assets as of such date minus Current Liabilities as of such date.

Net Working Capital has the meaning set forth in Section 2.1(b).

Net Working Capital means, at any date, (a) the consolidated current assets of Holdings, the Borrower and its consolidated Subsidiaries as of such date (excluding cash, Permitted Investments and current deferred income taxes) minus (b) the consolidated current liabilities of Holdings, the Borrower and its consolidated Subsidiaries as of such date (excluding current liabilities in respect of Indebtedness and current deferred income taxes). Net Working Capital at any date may be a positive or negative number. Net Working Capital increases when it becomes more positive or less negative and decreases when it becomes less positive or more negative.

Net Working Capital means the amount equal to (i) cash held by the Company, Accounts Receivable (net of allowances for doubtful accounts and returns) and prepaid expense assets of the Company, less (ii) the liabilities of the Company, all as reflected on the Estimated Statement, as finally determined by the Closing Date Statement or pursuant to the procedures set forth in Section 2.12, excluding any liability associated with the acceleration of a Closing Option in accordance with this Agreement.

Net Working Capital means (a) total current assets minus (b) total current liabilities, all as determined in accordance with GAAP as applied consistently with the Company’s past practices (including its preparation of the Company Financial Statements).