Working Capital Needs definition

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 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).
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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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Examples of Working Capital Needs in a sentence

  • Initial Purchase of Units and Purchase of Units to Fund Capital Expenditures and Working Capital Needs..............

  • The Company hereby covenants that 100% of the proceeds of the Short-Term Working Capital Loan shall be used to fund the Short-Term Working Capital Needs.

  • Section 4.1. Capital Contributions to Fund Capital Expenditures and Working Capital Needs.

  • Buyer shall use the proceeds of such loan solely to meet its working capital needs to conduct the Business in the ordinary course of business and consistent with Seller's past practice (the "Working Capital Needs") for the 120-day period beginning on the Closing Date (the "Working Capital Period").

  • Buyer shall notify Seller in writing if and to the extent it cannot reasonably meet the Working Capital Needs for the Working Capital Period with the proceeds of the Initial Note (a "Working Capital Deficiency").

  • Section 3.1 Initial Purchase of Units and Purchase of Units to Fund Capital Expenditures and Working Capital Needs.


More Definitions of Working Capital Needs

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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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 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.
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Related to Working Capital Needs

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

  • Working Capital Assets means the current assets of the Company as of the Effective Time (including cash and Cash Equivalents), each determined in accordance with GAAP or the methodologies set forth on Schedule WC, but excluding any unrealized Company H▇▇▇▇▇, any Income Tax assets and any deferred Tax assets.

  • 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.