Upper Working Capital Collar definition

Upper Working Capital Collar has the meaning set forth on Schedule 1.1(b).
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Upper Working Capital Collar has the meaning set forth on Schedule 11(d).
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Upper Working Capital Collar means an amount equal to the Target Working Capital plus $5,000,000.
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More Definitions of Upper Working Capital Collar

Upper Working Capital Collar mean $4,500,000.
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Upper Working Capital Collar means $10,000,000 if Closing occurs on or prior to February 29, 2012 and $8,000,000 if Closing occurs after February 29, 2012.
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Related to Upper Working Capital Collar

  • Working Capital Units shall have the meaning given in the Recitals hereto.

  • Working Capital Loan has the meaning specified in Section 2.1(c).

  • Working Capital Loans means any loan made to Acquiror by any of the Sponsor, an Affiliate of the Sponsor, or any of Acquiror’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

  • Working Capital Assets has the meaning as set forth in the Recitals of this Agreement.

  • Base Working Capital means negative USD$250,000 in aggregate for the Target Entities.

  • Working Capital Amount shall have the meaning specified in Section 3.4(e).

  • Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.

  • 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.

  • Working Capital Borrowings means borrowings incurred pursuant to a credit facility, commercial paper facility or similar financing arrangement that are used solely for working capital purposes or to pay distributions to the Partners; provided that when such borrowings are incurred it is the intent of the borrower to repay such borrowings within 12 months from the date of such borrowings other than from additional Working Capital Borrowings.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Working Capital Advance has the meaning specified in Section 2.01(c).

  • 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.

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Working Capital means, on any date, Current Assets less Current Liabilities.

  • Final Working Capital has the meaning set forth in Section 2.4(b)(iii).

  • Working Capital Target means $0.

  • Working Capital Escrow Amount means $2,000,000.

  • Target Working Capital Amount means Nineteen Million Dollars ($19,000,000).

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Closing Net Working Capital means the Net Working Capital as of the open of business on the Closing Date.

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Target Net Working Capital Amount means $5,000,000.

  • Target Working Capital means $0.

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).