Working Capital Needs definition

Working Capital Needs means with respect to any seven-day period applicable to determining whether the Borrowing Condition is met the Company's actual cash funding needs for ordinary course of business expenditures (net of other sources of funds available or expected to be available to it, including previous Borrowings) during such period, including any fees required to be paid pursuant to Section 14 but excluding the principal of and any accrued interest on any Loans required to be repaid pursuant to Section 2.12 of the Credit Agreement.
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Working Capital Needs means compensation and benefits costs, occupancy (rent) costs, IT costs, communications costs, professional fees, interest expense, insurance costs, board of director fees and business travel related costs, in each case, incurred in the ordinary course of business.
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Working Capital Needs means amounts required to fund all expenses incurred by the Company in the operation, management and maintenance of the Facility in order to produce refined coal, including the costs of labor, permits, insurance, "redetermination" compliance, the proprietary chemical additives, payments under the Project Documents, the Management Fee, applicable state and local taxes, and the costs associated with any decommissioning or relocation of the Facility. Section 1.2
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Examples of Working Capital Needs in a sentence

  • Short Term Working Capital Needs are estimated at $5,000,000, which is expected to be raised through issue of convertible debt or private offerings of common stock.

  • Unit 4: PLANNING AND FORECASTING OF WORKING CAPITAL 10 HrsConcept of Working Capital – Determinants of Working Capital – Estimating Working Capital Needs – Operating Cycle – Cash Management – Motives of Holding Cash – Cash Management Techniques – Preparation of Cash Budget – Receivables Management – Preparation of Ageing Schedule and Debtors Turnover Ratio – Inventory Management Techniques – Problems on EOQ.

  • Short Term Working Capital Needs are estimated at $1,000,000, which is expected to be raised through issue of convertible debt or private offerings of common stock.

  • Short Term Working Capital Needs are estimated at $1,500,000, which is expected to be raised through issue of convertible debt or private offerings of common stock.

  • Take investment, finance as well as dividend decisions Working Capital Needs; Estimation of Working Capital Requirements;Management of Inventories; Management of Receivables; and Management of Cash and Marketable Securities.

  • Table 7 : Working Capital Needs of Microenterprises *A working capital sum to get the businesses of the ground.

  • Net debt was affected mainly by the higher Working Capital Needs, which in turn were influenced by the payments of agricultural inputs for the 2019/20 crop year.

  • Based on that evidence, the Bankruptcy Court will determine the appropriate valuation for the Reorganized Debtor for purposes of the Plan.2. The Reorganized Debtor May Not Be Able to Achieve Projected Financial Results or Finance All Operating Expenses, Working Capital Needs and Capital Expenditures The Reorganized Debtor or the Purchaser may not be able to meet its projected financial results or achieve projected revenues and Cash flows assumed in projecting future business performance.

  • The licensing officer shall provide a copy of the complaint to the licensee, together with notice to appear before the Town Manager for the purpose of a hearing on a specified date to show cause why the licensee's sexually oriented business license should not be suspended or revoked.

  • Scarce availability of cash, uncontrolled commercial credit policies, or limited access to short-term financing can lead to the need for restructuring, asset sales, and even liquidation of the company.Factors That Affect Working Capital Needs Working capital needs are not the same for every company.


More Definitions of Working Capital Needs

Working Capital Needs means the projected deficit in cash flows of Borrower for a specified period as set forth in each Notice of Borrowing.
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Working Capital Needs means working capital needs of the Borrowers in connection with the operation of the Kept Assets and the Stations
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Working Capital Needs means all funding --------------------- needs of the Company that may be required to continue to operate all aspects of the Company's business in the ordinary course of business in accordance with past practices. The Company will use its best efforts, subject to commercial reasonableness, not to increase the Working Capital Needs of the Company prior to the Effective Time. The Controlling Shareholder Loan shall be evidenced by one or more interest bearing demand promissory notes of the Company payable in the form of or otherwise convertible into Company Common Stock, which interest shall be converted at the Closing into Parent Common Stock in the same manner as the Controlling Shareholder Loan, provided, however, that such notes shall not bear interest in excess of 12% per annum.
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Related to Working Capital Needs

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

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

  • Target Working Capital means $0.

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

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

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

  • 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.

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

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

  • Working Capital Target means $0.

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

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

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

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

  • Working Capital Reserve shall have the meaning set forth in the Partnership Agreement.

  • 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.

  • Target Net Working Capital 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.

  • Estimated Working Capital has the meaning set forth in Section 2.3(a).

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

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

  • 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.

  • Actual Working Capital has the meaning set forth in Section 2.7(a).

  • Net Working Capital Target means $0.00.

  • Working Capital Adjustment has the meaning set forth in Section 2.15(b).