Net Working Capital Changes definition
Net Working Capital Changes. With respect to the Borrowers, for any fiscal period and without duplication, the difference (expressed as a positive or a negative number) of (a) the sum of (i) both billed and unbilled accounts receivable, plus (ii) inventory of the Borrowers and other current assets considered part of working capital in accordance with GAAP, minus (iii) current accounts payable of the Borrowers, minus (iv) current accruals and accretions (exclusive of interest accruals and accretions) of the Borrowers, in each case, for such fiscal period, minus (b) the sum of (i) both billed and unbilled accounts receivable, plus, (ii) inventory of the Borrowers and other current assets considered part of working capital in accordance with GAAP, minus (iii) current accounts payable of the Borrowers, minus (iv) current accruals and accretions (exclusive of interest accruals and accretions) of the Borrowers, in each case, for the fiscal period of equal duration immediately prior to such fiscal period.
Net Working Capital Changes means with respect to the Company and its Subsidiaries, for any fiscal period and without duplication, the difference (expressed as a positive or a negative number) of (a) the sum of (i) both billed and unbilled Accounts Receivable plus (ii) inventory of the Company and its Subsidiaries and other current assets considered part of working capital in accordance with GAAP, minus (iii) current accounts payable of the Company and its Subsidiaries, minus (iv) current accruals and accretions (exclusive of interest accruals and accretions) of the Company and its Subsidiaries, in each case, for such fiscal period, minus (b) the sum of (i) both billed and unbilled Accounts Receivable, plus, (ii) inventory of the Company and its Subsidiaries and other current assets considered part of working capital in accordance with GAAP, minus (iii) current accounts payable of the Company and its Subsidiaries, minus (iv) current accruals and accretions (exclusive of interest accruals and accretions) of the Company and its Subsidiaries, in each case, for the fiscal period of equal duration immediately prior to such fiscal period.
Net Working Capital Changes means, with respect to BGI and its Subsidiaries, for any fiscal period and without duplication, the difference (expressed as a positive or a negative number) of (a) the sum of (i) both billed and unbilled Accounts Receivable plus (ii) inventory of BGI and its Subsidiaries and other current assets considered part of working capital in accordance with GAAP, minus (iii) current accounts payable of BGI and its Subsidiaries, minus (iv) current accruals and accretions (exclusive of interest accruals and accretions) of BGI and its Subsidiaries, in each case, for such fiscal period, minus (b) the sum of (i) both billed and unbilled Accounts Receivable, plus, (ii) inventory of BGI and its Subsidiaries and other current assets considered part of working capital in accordance with GAAP, minus (iii) current accounts payable of BGI and its Subsidiaries, minus (iv) current accruals and accretions (exclusive of interest accruals and accretions) of BGI and its Subsidiaries, in each case, for the fiscal period of equal duration immediately prior to such fiscal period.
Examples of Net Working Capital Changes in a sentence
For any period, an amount --------------------------------------- equal to (a) the sum of (i) Adjusted EBITDA for such period, plus (ii) if ---- applicable, in-flows resulting from Net Working Capital Changes for such period, less (b) the sum of (i) cash payments for all taxes paid during such period, ---- plus (ii) Capital Expenditures made during such period, plus (iii) if ---- ---- applicable, out-flows resulting from Net Working Capital Changes for such period.
For any period, an amount equal to (a) the sum of (i) EBITDA plus (ii) if applicable, in-flows resulting from Net Working Capital Changes for such period, less (b) the sum of (i) cash payments for all taxes paid during such period, plus (ii) to the extent not already deducted in the determination of EBITDA, Capital Expenditures made during such period to the extent permitted by ss.10.4, plus (iii) if applicable, out-flows resulting from Net Working Capital Changes for such period.
Net Working Capital Changes increase when it becomes more positive or less negative and decrease when it becomes less positive or more negative.
More Definitions of Net Working Capital Changes
Net Working Capital Changes means, with respect to Holdings and its Subsidiaries, for any fiscal year and without duplication, the difference (expressed as a positive or a negative number) of (a) the sum of (i) both billed and unbilled accounts receivable, plus (ii) inventory of Holdings and its Subsidiaries and other current assets considered part of working capital in accordance with GAAP, minus (iii) current accounts payable of Holdings and its Subsidiaries, minus (iv) current accruals and accretions (exclusive of interest accruals and accretions) of Holdings and its Subsidiaries, in each case, at the end of such fiscal year, minus (b) the sum of (i) both billed and unbilled accounts receivable, plus, (ii) inventory of Holdings and its Subsidiaries and other current assets considered part of working capital in accordance with GAAP, minus (iii) current accounts payable of Holdings and its Subsidiaries, minus (iv) current accruals and accretions (exclusive of interest accruals and accretions) of Holdings and its Subsidiaries, in each case, at the end of the fiscal year immediately prior to such fiscal year.
Net Working Capital Changes means for any fiscal period, the net change from the immediately preceding like fiscal period, with respect to the Company and its Subsidiaries, in the amount of (i) current assets of the Company and its Subsidiaries, excluding Cash and Cash Equivalents, and including all long term deferred royalty cost assets, minus (ii) current liabilities of the Company and its Subsidiaries excluding current maturities of long-term debt and including all long term deferred revenue liabilities, determined in accordance with GAAP.