Other Working Capital definition

Other Working Capital means any materials (including catalyst in the process units and warehouse), supplies, work-in-progress, tooling, service parts, cash or cash equivalents of the Company and the Subsidiaries (to the extent not otherwise distributed before Completion to the Vendors or paid pursuant to Clause 3.5.2), third-party trade accounts payable, third-party trade accounts receivable, prepaid charges, rent and fees related to the Company’s and the Subsidiaries’ businesses (in each case, with respect to the Subsidiaries, only the Company’s respective share). For the avoidance of doubt, for purposes of this Agreement “Other Working Capital” excludes “Hydrocarbon Inventory”;
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Other Working Capital means for any relevant date, the sum of all current assets and liabilities other than those included in the definition of Working Capital, and excluding provisions for income Taxes; provided, for the avoidance of doubt, that except in the case mentioned in the last paragraph of Annex A in respect of Colombia, any uncollected amount related to the promise to purchase agreement entered into by the Colombian Target referred to in Schedule 2.16(a) shall not be accounted for as an asset or, if so, shall be fully provisioned for. For illustration purposes, this would mean the sum of the account entries in the Financial Statements No. 5.11.10.90 (Impuestos por recuperar), 5.11.20.10 (Gastos pagados por anticipado), 5.11.20.20 (Impuestos diferidos), 5.11.20.30 (Otros activos circulantes), 5.11.20.40 (Contratos de leasing (neto)), 5.11.20.50 (Activos para leasing (neto)), minus the sum of the account entries in the Financial Statements No. 5.21.10.90 (Acreedores varios), 5.21.20.20 (Provisiones), 5.21.20.50 (Ingresos percibidos por adelantado), 5.21.20.60 (Impuestos diferidos) and 5.21.20.70 (Otros pasivos circulantes).
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Examples of Other Working Capital in a sentence

  • Other Working Capital requirements are as follows: MAINTAIN CURRENT RATIO OF 1:1.

  • The Parties agree that the Purchase Price shall be allocated among the assets comprising Seller's Ownership Interests as follows: Asset Portion of Purchase Price Allocated Cash $ 403,518 Other Working Capital $ 139,680 Depreciable Assets $12,956,802 The above allocation of Purchase Price is based upon the balance sheet of the Company as of February 28, 2005.

  • Other Working Capital requirements are as follows; Current Ratio.

  • Other Working Capital requirements are as follows: MAXIMUM RATIO OF TOTAL LIABILITIES TO TANGIBLE NET WORTH 1.25 TO 1.00.

  • Capital Facility Administrative Agent and Other Working Capital Facility Lenders.

  • Section 9.6 Non-Reliance on Working Capital Facility Administrative Agent and Other Working Capital Facility Lenders .....

  • Other Working Capital items and such other items as are provided for in this Contract or as are normally prorated and adjusted in the sale of real property or of a hotel shall be prorated as of the Apportionment Time in accordance with local custom in the State of Wyoming.

  • Other Working Capital requirements are as follows: BORROWER AGREES TO MAINTAIN A MINIMUM NON-RESTRICTED CASH AND EQUIVALENTS BALANCE AT THE BANK OF ANN ARBOR IN THE AM▇▇▇T OF $2,500,000.00.

  • Financial Covenants and Ratios .Comply with the following covenants and ratios: Working Capital Requirements .Other Working Capital requirements are as follows:1.

  • The aggregate amount payable by the Purchaser to the Vendors for all of the Member Interests shall be payment by the Purchaser of the Purchase Price plus the Final Other Working Capital Amount plus the Final Hydrocarbon Inventory Amount.