Definition of Pre-Closing Working Capital

  1. Pre-Closing Working Capital means (i) Current Assets minus (ii) Current Liabilities, in each case, calculated in accordance with the Calculation Principles and determined as of the last day of the month ended immediately prior to the Closing Date.

Definition of Pre-Closing Working Capital in Stock Purchase Agreement

Pre-Closing Working Capital means (i) Current Assets minus (ii) Current Liabilities, in each case, calculated in accordance with the Calculation Principles and determined as of the last day of the month ended immediately prior to the Closing Date.