Working Capital Date definition

Working Capital Date means June 30, 2005.

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Working Capital Date means a date no more than ten (10) days prior to the second Business Day after the Condition Satisfaction Date; provided, that Working Capital amounts in respect of (a) net accounts receivable, total inventories and accounts payable shall be as of a date no more than five (5) days prior to such second Business Day and (b) accrued expenses incurred in connection with the Restructuring shall be accrued through the Closing Date.

Working Capital Date has the meaning set forth in Section 4.5(a).

Examples of Working Capital Date in a sentence

The amount of the provision at the Working Capital Date shall be reduced to reflect related actual payments made up to and including the Working Capital Date.
Purchaser, with the written consent of Vendor, shall have the right to settle, either administratively or after the commencement of litigation, any proceeding relating to Taxes of the Corporation and any of the Subsidiaries for any taxation year ending on or before the Working Capital Date.
Section 3.9 of the Disclosure Schedule contains a complete and accurate list of all Accounts Receivable as of the Base Working Capital Date, which list sets forth the aging of such Accounts Receivable.
No Distributions have been made from or after the Working Capital Date, except for cash Distributions as may be set forth in the statement to be provided pursuant to Section 3.3(a).
The Purchaser shall procure that the Company and the Subsidiaries shall not submit any material correspondence, pleading, computation, return or other document which relates to any extent to a period before the Working Capital Date or any event occurring on or before the Working Capital Date and which is likely materially to affect the liability of the Covenantors under this Deed, without the prior written approval of the Covenantors, such approval not to be unreasonably withheld or delayed.
Since the Net Working Capital Date, all collections on accounts receivable of the Company and its Subsidiaries and other payments to or for the benefit of the Company and its Subsidiaries have been deposited in bank accounts of the Company and its Subsidiaries that will continue to be controlled by the Company and its Subsidiaries after the Closing.
To the extent a dividend is paid by any of the Rangeland Companies to Seller after the Working Capital Date, the amount of the Closing Date payment in Section 2.2(c) will be adjusted downward by the amount of the dividend paid.
In the case of any Straddle Period, Sellers shall be entitled to participate at their expense in or with respect to any Tax Claim relating (in whole or in part) to Taxes attributable to the part of that Straddle Period ending on or before the Working Capital Date, and with the written consent of Purchaser, and at Sellers’ sole expense, may assume the entire control of that Tax Claim.
In the event that the amount of the Stockholder Representatives’ Working Capital Claim exceeds the amount of the Working Capital Date Excess Cash available for distribution from the Working Capital Escrow Account, Parent or the Surviving Corporation shall contribute to the Working Capital Escrow Account the difference between the amount of the Stockholder Representatives’ Working Capital Claim and the amount of Working Capital Date Excess Cash available for distribution.
Sellers shall be entitled to participate in or with respect to that Tax Claim relating (in whole or in part) to Taxes attributable to taxation years ending on or before the Working Capital Date and, with the written consent of Purchaser, and at Sellers’ sole expense, may assume the entire control of that Tax Claim.

More Definitions of Working Capital Date

Working Capital Date means December 31, 2011.

Working Capital Date the earlier of:

Working Capital Date means the first day of the calendar month in which the Closing Date occurs.

Working Capital Date means 11.59 p.m. on 31 July 2004 or, if applicable, 11.59 p.m. on the last day of the calendar month in which the Order in sub-clause 5.1 shall be vacated, lifted or reversed;

Working Capital Date means May 31, 2007.

Working Capital Date means 11:59 p.m. on the Closing Date; provided, however, that if the Closing Date does not occur on the last day of the month, Working Capital Date shall mean 11:59 p.m. on the last day of the month immediately preceding the month in which the Closing Date occurs;