Net Working Capital definition

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

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

• For the absence of doubt, any Refund of Transaction Transfer Taxes shall be for the account of the Group that has liability under this paragraph (a) for the Transaction Transfer Tax, and Transaction Transfer Taxes shall not be taken into account in the calculation of Final Net Working Capital.

• Except as provided in the foregoing sentence, Section 5.02 and Section 5.03, SpinCo shall be entitled to any Refund attributable on a “with and without” basis to Taxes for which SpinCo is liable hereunder and, for the absence of doubt, any Refunds specifically taken into account in the determination of Final Net Working Capital and Final Net Indebtedness pursuant to the Separation and Distribution Agreement.

• Purchaser shall deliver to the Seller an allocation schedule not more than sixty (60) days after the final determination of the Closing Net Working Capital.

• As promptly as possible, but in any event within ninety (90) days after the Closing Date, the Parent shall deliver to the Representatives a statement showing a reasonably detailed calculation (together with reasonable supporting documentation) of the Cash, Closing Indebtedness, Net Working Capital, Company Transaction Expenses and Sellers Transaction Expenses (the “Closing Statement”), in each case with any amounts in Canadian dollars converted to U.S. dollars at the Spot Rate.

• Prior to the Closing Date, Purchaser shall notify Seller of any objections to the Estimated Net Working Capital (including any component thereof), and Seller shall consider Purchaser’s comments and work with Purchaser in good faith to resolve such objections.

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 2.2(a).

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).

Net Working Capital means Current Assets, minus Current Liabilities as determined in accordance with the Balance Sheet Rules, each calculated immediately before, and without giving effect to, the Closing, of the Business of the Transferors.

Net Working Capital means an amount (which may be a positive or negative number) equal to (a) the aggregate value of the current assets that are Purchased Assets of the Business (other than Marijuana Inventory), minus (b) the aggregate value of the current liabilities that are Assumed Liabilities of the Business to the extent included in the Assumed Liabilities, in each case as determined as of the Measurement Time and calculated in accordance with the Accounting Principles.