Operating Capital definition

Operating Capital means such amount in the Operating Bank Accounts as will be reasonably sufficient to assure the timely payment of all current liabilities of the Project, including the operations of the Casino, during the term of this Agreement, and to permit Manager to perform its management responsibilities and obligations hereunder, with reasonable reserves for unanticipated contingencies and for short term business fluctuations resulting from monthly variations from the Operating Budget.

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Operating Capital means the net investment employed in the operations of the Company produced by operations. Operating Capital is calculated by adding together current assets (excluding cash and short-term marketable securities), net property, plant and equipment, gross goodwill, net intangibles, other assets, and capitalized research and development, and the present value of operating leases, and subtracting the following: non-interest bearing liabilities and capital associated with discontinued operations.

Operating Capital shall have the meaning set forth in Section 4.2.1.

Examples of Operating Capital in a sentence

• This report complies with the Municipality’s Multi-Year Financial Strategy, the approved Operating, Capital and Reserve budgets, policies and procedures regarding withdrawals from the utilization of Capital and Operating reserves, as well as any relevant legislation.

• The Issuers issued the Notes under an Indenture dated as of July 23, 2015 (the “Base Indenture”), among CCO Safari II, LLC, Charter Communications Operating, LLC, Charter Communications Operating Capital Corp.

• Helicon Partners I, L.P. Peachtree Cable TV, L.P. The Helicon Group, L.P. Charter Communications Operating Capital Corp.

• CHARTER COMMUNICATIONS OPERATING, LLC ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: Secretary The Bank of New York Mellon Trust Company, N.A. [Address] Attention: Trust Officer Re: Charter Communications Operating Capital Corp.

• Reference is hereby made to the Exchange and Registration Rights Agreement (the “Exchange and Registration Rights Agreement”) by and among Charter Communications Operating, LLC (the “Company”), Charter Communications Operating Capital Corp.

More Definitions of Operating Capital

Operating Capital means start-up costs of general

Operating Capital means the net investment employed in the operations

Operating Capital means funds needed to meet short-term obligations, such as accounts payable, wages, debt servicing, lease and income tax payments.

Operating Capital means the capital acquired for the principal revenue producing activities of the issuer on a day-to-day basis, other than investing activities or financing activities;

Operating Capital is defined in Section 3.4(b).

Operating Capital means sufficient assets on hand to cover the initial start-up expenses for the initial period of licensure.

Operating Capital means at all times during the term of this Agreement, the amounts that, in accordance with the Approved Annual Budget, are required for the proper Operation of the Hotel, which AMR shall request from the Owner and the Owner shall provide for periods of 45 (forty-five) Calendar Days.