Pro Forma Net Working Capital Amount means the Net Working Capital Amount shown on the Pro Forma Working Capital Statement.
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.
Target Working Capital Amount means Nineteen Million Dollars ($19,000,000).
Working Capital Amount shall have the meaning specified in Section 3.4(e).
Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.
Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).
Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).
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.
Net Working Capital Target means $0.00.
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.
Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.
Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.
Target Net Working Capital means $0.
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).
Consolidated Working Capital at any date, the excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date.
Closing Net Working Capital means the Net Working Capital as of the open of business on the Closing Date.
Target Working Capital means $0.
Working Capital Advance has the meaning specified in Section 2.01(c).
Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).
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.
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.
Working Capital Adjustment has the meaning set forth in Section 2.15(b).
Working Capital Target means $0.
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.
Working Capital Assets has the meaning as set forth in the Recitals of this Agreement.