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

• Not less than two Business Days prior to the Closing Date, the Partnership shall deliver to Purchaser a statement (the “Estimated Closing Statement”) setting forth in reasonable detail (a) a good faith calculation of the Partnership’s estimate of Cash (“Estimated Cash”), Indebtedness (“Estimated Indebtedness”), Net Working Capital (“Estimated Net Working Capital”) and Transaction Expenses (“Estimated Transaction Expenses”) and (b) the Closing Purchase Price.

• The Dispute Resolution Firm’s determination shall be based solely on the definitions of Cash, Indebtedness, Net Working Capital and Transaction Expenses contained herein, other applicable definitions and provisions set forth in this Agreement and the Accounting Principles.

• Cash, Indebtedness, Net Working Capital and Transaction Expenses shall be determined in accordance with the Accounting Principles and in a manner consistent with the applicable definitions contained in this Agreement.

• Within 90 days after the Closing Date, Purchaser shall deliver to the Equity Holder Representative a statement (the “Closing Statement”) setting forth in reasonable detail (a) Purchaser’s good faith calculation of Cash, Indebtedness, Net Working Capital, and Transaction Expenses and (b) the Closing Purchase Price as determined (solely for purposes of the Closing Statement) based upon the amounts set forth in the preceding clause (a) in lieu of clauses (b), (c), (d), (e) and (f) of the definition thereof.

• Except as set forth in ‎Section 3.05(e) of the Seller Disclosure Schedule, all of the accounts receivable included in the calculation of Closing Net Working Capital are collectible within sixty (60) days of the date of the original invoice related thereto.

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 consolidated current assets (excluding cash and Cash Equivalents) of the Borrower and its Restricted Subsidiaries, minus the consolidated current liabilities (excluding current liabilities in respect of Indebtedness, including any current liabilities in connection with any premium payments to be paid to the holders of the 2018 Convertible Notes upon conversion at maturity thereof) of the Borrower and its Restricted Subsidiaries.

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).