Operating Working Capital definition

Operating Working Capital means, at any date, (A) the sum of (i) Prepaid Domain Registry Fees and (ii) the amount of assets that would, in conformity with GAAP, be included within the consolidated balance sheet and the changes in which, in whole or part, would be reflected in the cash provided (or used by) operating activities within the statement of cash flows minus (B) the sum of (i) Deferred Revenue and (ii) the amount of liabilities that would, in conformity with GAAP, be included within the consolidated balance sheet and the changes in which, in whole or part, would be reflected in the cash provided (or used by) operating activities within the statement of cash flows; provided that Operating Working Capital shall be determined excluding the effects of acquisition method accounting; provided further that Operating Working Capital shall exclude any amounts at such date in respect of (x) current and deferred income taxes, (ii) Indebtedness and the interest thereon and (iii) interest income earned but not yet received.

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Operating Working Capital as of any date shall mean the difference between current assets (excluding cash and investments, interest and tax accounts) and current liabilities (excluding debt, interest and tax accounts). Accrued liabilities related to restructuring charges added back for the purposes of computing EBITDA are also excluded from current liabilities to compute Operating Working Capital.

Operating Working Capital means the Operating Working Capital of the Business Entities determined as reflected in the line entitled "CR15297 Operating Working Capital" on the balance sheet report (in management format) attached hereto as Schedule 2.

Examples of Operating Working Capital in a sentence

The cost of such review and report shall be borne (a) by Buyer if the Minimum Net Operating Working Capital as determined by the independent accountant is not revised in favor of the Seller, (b) by Seller if the Minimum Net Operating Working Capital as determined by the independent accountant is revised in favor of Seller and (c) otherwise equally by Seller and Buyer.
Closing Date Operating Working Capital Calculation...................2.14(a) COBRA coverage.......................................................6.1(g) Confidentiality Agreement............................................5.1(b) Controlling Party....................................................7.8(c) Determination........................................................7.4 Diageo...............................................................
For purposes of this Section 9.22, the Net Operating Working Capital of the Contributed Subsidiaries shall include Affiliated CFJVs, but not Unaffiliated CFJVs. For the avoidance of doubt, the incurrence of any Restructuring Indebtedness and any related cash added to a Contributed Subsidiary in accordance with Section 8.06 shall not be taken into account for purposes of calculating Net Operating Working Capital, the Target Net Operating Working Capital or the Actual Net Operating Working Capital.
If Final Operating Working Capital exceeds Estimated Operating Working Capital, Buyer shall pay to Seller, as an adjustment to the Transaction Consideration, in the manner and with interest as provided in Section 4.09(b), the amount of such excess.
For this purpose "Operating Working Capital" shall mean the Operating Working Capital of the Business Entities determined as reflected in the line entitled "CR15297 Operating Working Capital" on the balance sheet report (in management format) attached hereto as Schedule 2.

More Definitions of Operating Working Capital

Operating Working Capital is Boise's current assets minus current liabilities, excluding cash and short-term investments, income tax-related items, and debt.

Operating Working Capital means Trade Receivables plus Total Inventory less absolute Trade Accounts Payable as reported internally. Operating Working Capital may be adjusted, in the Committee’s discretion, for any impact of acquisitions, divestitures, and/or the effect of changes in tax laws, accounting principles or other laws or provisions affecting reported results.

Operating Working Capital means, as of the relevant date, an amount equal to (i) cash and cash equivalents of the Business plus (ii) the sum of the value of (A) the accounts receivable of the Business (net of reserves for bad debts), (B) the inventory of the Business (net of reserves for slow moving and obsolete items) and (C) prepaid expenses of the Business minus (iii) the sum of (A) the accounts payable of the Business and (B) the accrued expenses of the Business, in each case, determined in accordance with the Accounting Principles and as recorded on the balance sheet as of such date.

Operating Working Capital means, as of the date of determination, the excess of Consolidated Current Assets over Consolidated Current Liabilities.

Operating Working Capital means the sum of US$ 25 million, composed by the entries of the Pro-Forma Balance Sheet, including but not limited to (i) accounts receivable, plus inventory and other current assets, less (ii) accounts payable, salary and contributions and other liabilities. For purposes hereof, “accounts payable” shall include any accrued labor provisions relating to the Business Employees.

Operating Working Capital means Minimum Cash Position plus Accounts Receivable (inclusive of Other Accounts Receivable) plus Operating Supplies plus Prepaid Expenses less Accounts Payable less Accrued Liabilities less Self-Insurance Accruals reported as Current Liabilities as presented in the Con-way Inc. Consolidated Balance Sheets.

Operating Working Capital as used herein shall mean the excess of Seller's accounts receivable, inventory and prepaid expenses over its accounts payable, accrued payroll and