Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.
Target Net Working Capital Amount means $5,000,000.
Working Capital Amount shall have the meaning specified in Section 3.4(e).
Net Working Capital Target means $0.00.
Target Working Capital Amount means Nineteen Million Dollars ($19,000,000).
Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.
Working Capital Target means $0.
Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.
Working Capital Loan has the meaning specified in Section 2.1(c).
Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.
Closing Net Working Capital means the Net Working Capital as of the open of business on the Closing Date.
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.
Adjusted Working Capital means the remainder of (a) the consolidated current assets of the Obligors minus the amount of cash and cash equivalents included in such consolidated current assets, minus (b) the consolidated current liabilities of the Obligors minus the amount of consolidated short-term Debt (including current maturities of long-term Debt) of the Obligors included in such consolidated current liabilities.
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).
Target Net Working Capital means $0.
Working Capital Loans means any loan made to Acquiror by any of the Sponsor, an Affiliate of the Sponsor, or any of Acquiror’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.
Working Capital Advance has the meaning specified in Section 2.01(c).
Target Working Capital means $0.
Working Capital Adjustment Amount means the amount (which may be positive or negative) equal to the result of the Closing Net Working Capital minus the Target Working Capital Amount.
Working Capital Units shall have the meaning given in the Recitals hereto.
Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.
Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.
Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Consolidated Working Capital at any date, the excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date.