Working Capital definition

Working Capital means, with respect to the Borrower and the Subsidiaries on a consolidated basis at any date of determination, Current Assets at such date of determination minus Current Liabilities at such date of determination; provided, that, for purposes of calculating Excess Cash Flow, increases or decreases in Working Capital shall be calculated without regard to any changes in Current Assets or Current Liabilities as a result of (a) any reclassification in accordance with GAAP of assets or liabilities, as applicable, between current and noncurrent or (b) the effects of purchase accounting.
Working Capital means Current Assets minus Current Liabilities.
Working Capital means, on any date, Current Assets less Current Liabilities.

Examples of Working Capital in a sentence

SBdw = Demand revenues received from Firm Stand-By Sales Service customers in the Winter Season.WCA % = Percentage of gas costs equivalent to Working Capital Allowance associated with gas costs.

The Winter and Summer Cost of Gas working capital allowances shall be calculated by applying the Working Capital Allowance Percentage (WCA%) set forth in Section 16(F).

The actual monthly working capital allowance shall be calculated by multiplying the actual gas costs times the Working Capital Allowance Percentage (WCA%) set forth in Section 16(F), to the actual Direct Gas Costs allowable.

Rs = Reconciliation Costs – Summer deferred gas costs as previously defined.WCRs = Summer Season Working Capital Reconciliation adjustment as previously defined.

WCRw = Winter Season Working Capital Reconciliation adjustment as previously defined.


More Definitions of Working Capital

Working Capital means funds that are used in the day-to-day operation of the business of the Hotel, including, without limitation, amounts sufficient for the maintenance of change and petty cash funds, amounts deposited in operating bank accounts, receivables, amounts deposited in payroll accounts, prepaid expenses and funds required to maintain Inventories, less accounts payable and accrued current liabilities.
Working Capital means, for any Person at any date, the amount, if any, by which the Consolidated Current Assets of such Person at such date exceeds the Consolidated Current Liabilities of such Person at such date.
Working Capital means the excess of Consolidated Current Assets over Consolidated Current Liabilities.
Working Capital means Current Assets less Current Liabilities.
Working Capital means, for the Borrower and its Subsidiaries on a Consolidated basis and calculated in accordance with GAAP, as of any date of determination, the excess of (a) current assets (other than cash and cash equivalents and taxes and deferred taxes) over (b) current liabilities, excluding, without duplication, (i) the current portion of any long-term Indebtedness, (ii) outstanding Revolving Credit Loans and Swingline Loans, (iii) the current portion of current taxes and deferred income taxes and (iv) the current portion of accrued Consolidated Interest Expense.
Working Capital means, for any Person at any date, its Consolidated Current Assets at such date minus its Consolidated Current Liabilities at such date.
Working Capital means on any date Current Assets less Current Liabilities.