Working Assets definition

Working Assets means, for any fiscal quarter, the following items for the Powertrain Segment as of the last day of such quarter (in each case determined in accordance with GAAP):
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Working Assets means the Clinics as a going concern and all property and assets of the Vendor as at the Effective Date including the accounts receivable of the Clinics excepting only the Retained Assets.
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Working Assets means, for purposes of determining compliance with Section 7.03(f) only, the sum of (i) the book value of net Accounts Receivable of the Borrower and the Guarantors, plus (ii) the book value of net Inventory of the Borrower and the Guarantors, plus (iii) the actual value of all Cash and Cash Equivalents of the Borrower and the Guarantors, in each case as shown on the consolidated balance sheet of the Borrower and the Guarantors as of the last day of the immediately preceding calendar month.”
Sample 1

Examples of Working Assets in a sentence

  • This plan is a test and is only available to customers who are contacted by Working Assets.

  • As he turned the Tutor onto S, the conflicting King Air (A) also turned resulting in a situation where the 2 ac were within ½nm of each other at the same height.

  • Other citizens opted in to the experiment by registering to vote via a Working Assets website and specifically provided their cell phone number and permission for the company to contact them via text message in the future.

  • Finally, Working Assets now promotes GMER’s green power products to their own long-distance telephone customers, and GMER has a cross-promotional contract with Real Goods (and other retail stores) to co-market their products.

  • We discussed the training that not only [the Employee] but all members of [the Agency] undergo in terms ofethics, in terms of the trustworthiness, that they have stated that they will uphold these different – their performance of their duties.

  • Taggart (1977) uses the following sources and uses equation as the foundation of his model: ∆A = ∆NWA + ∆NK= ∆SDBT + ∆LDBT +∆ E- ∆LIQ (2.1) 7 Net Working Assets= Accounts Receivable-Accounts Payable-Tax Accruals+ Consumer Credit+ Miscellaneous assets- Government Loans +Inventories.8 Net trade credit would here refer to debtors less creditors.As its name suggests the sources and uses identity gives the firm’s ‘sources’ of financing and the ‘uses’ of this financing.

  • Total capital invested: Total of Investment on Fixed Assets and Working Assets represents size of farm.

  • December 13, 1993, applicant’s board of trustees approved an agreement and plan of reorganization (the ‘‘Plan’’) whereby applicant would transfer substantially all of its assets and liabilities to Muir California Tax-Free Income Portfolio (the ‘‘Acquiring Fund’’), a new series of Working Assets Common Holdings (the ‘‘Acquiring Company’’), a Massachusetts business trust registered under the Act.

  • Working Assets Money Market Fund, Institutional Class shares: No contractual limit.

  • There students are offered a preparatory course focusing on English in the first year of their educa- tion, and when they graduate from the school, they obtain extra points if they choose a faculty or department that trains teachers.


More Definitions of Working Assets

Working Assets is equal to accounts receivable plus inventory, less accounts payable, plus PP&E (plant, property and equipment), capitalized software, plus investment in non-consolidated joint ventures. The ROWA calculation will assume factoring levels remain consistent with 2018 budget levels. Notwithstanding anything herein to the contrary, for purposes of calculating Operational EBITDA, ROWA and Net Sales, the Compensation Committee may, in its sole and absolute discretion, adjust the calculation of Operational EBITDA, ROWA and Net Sales, or their respective targets, based on approved capital expansion plans, acquisitions, changes in foreign currency exchange rates and other changes in Company business for events or actions during the course of the Performance Period that vary from business plan assumptions or that are unusual, infrequent and/or non-recurring (including but not limited to goodwill impairments or legacy costs). For purposes of clarification, the Operational EBITDA performance target set forth in Section 6 is based on the Company’s current business plan. Performance Metrics: Two Elements (see Appendix A): Element One: Stand-alone 2018 period with specific KPI’s: • 50% Operational EBITDA • 25% ROWA • 25% Net Sales Element Two: Three-year (2018-2020) cumulative performance period • 50% Operational EBITDA • 25% ROWA • 25% Net Sales
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Working Assets is equal to accounts receivable plus inventory, less accounts payable, plus PP&E (plant, property and equipment), capitalized software, plus investment in non-consolidated joint ventures. The ROWA calculation will assume factoring levels remain consistent with 2017 budget levels.
Sample 1
Working Assets means, for any fiscal quarter, the following items as of the last day of such quarter (in each case determined in accordance with GAAP): (i) accounts receivable (including factored receivables, whether or not reflected on the balance sheet of the Vehicle Components Segment); plus (ii) inventory; plus (iii) property, plant and equipment; plus (iv) investments in non-consolidated subsidiaries; plus (v) goodwill and other intangible assets related to any acquisitions or investments completed on or after March 31, 2013; less (vi) accounts payable; less (vii) accrued rebates. Working Assets shall be calculated quarterly during the term of the EVA Award. The Employee and the Employer acknowledge and agree that Working Assets for the fiscal quarter of the Vehicle Components Segment ended March 31, 2013 was $***. Certain information contained in this Exhibit has been redacted pursuant to a request for confidential treatment filed by Federal-Mogul Corporation with the Securities Exchange Commission pursuant to rule 24b-2 promulgated under the Securities Exchange Act of 1934. Information for which confidential treatment has been requested has been replaced with asterisks.
Sample 1
Working Assets means, with respect to the Motorparts Division, accounts receivable plus inventory, less accounts payable, plus PP&E (plant, property and equipment), capitalized software, plus investment in non-consolidated joint ventures.
Sample 1
Working Assets means, with respect to the Powertrain Division, for any fiscal quarter, the following items as of the last day of such quarter (in each case determined in accordance with GAAP): (a) accounts receivable; plus (b) factored receivables that would not have otherwise been paid during the fiscal quarter; plus (c) net inventory; plus (d) property, plant and equipment net of depreciation (i.e. net book value); plus (e) goodwill and other intangible assets related to acquisitions or investments completed on or after September 30, 2013; plus (f) net book value of capitalized restructuring (i.e. gross amount of restructuring capitalized net of accumulated amortized restructuring charged through EBIT); plus (g) investments in non-consolidated subsidiaries (excluding $100 million consisting primarily of retained earnings established before January 1, 2014); less (x) accounts payable; less (y) accrued liabilities (other than accruals for short term taxes or short term interest).
Sample 1

Related to Working Assets

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • Subject Assets is defined in Section 2.2(c).

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Gross Assets means the total of fixed assets and current assets;

  • Productive Assets means assets (including assets of a referent Person owned directly or indirectly through ownership of Capital Stock) of a kind used or useful in the Cable Related Business.

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Client Assets means assets which a bank has undertaken to hold for a client (whether or not on trust, and whether or not the undertaking has been complied with);

  • Purchased Assets has the meaning set forth in Section 2.1.

  • surplus assets means the assets after payment of the debts and liabilities remaining on a winding-up of the incorporated association and the costs, charges and expenses of the winding-up;

  • Transferred Assets has the meaning set forth in Section 2.1.

  • Fixed Assets means the Equipment and Real Estate of the Borrower.

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II, hereof.

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Specified Assets the following property and assets of such Grantor:

  • Working Capital Assets means the current assets of Company and its Subsidiaries as of the Effective Time (including all Cash and Cash Equivalents), each determined in accordance with Accounting Principles but excluding all Tax assets; provided, however, in no event shall any accounts receivable relating to item #3 (System Gain/Loss) on Schedule 4.5 be included as a current asset of the Company or its Subsidiaries.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Replacement Assets means (1) tangible non-current assets that will be used or useful in a Permitted Business or (2) substantially all the assets of a Permitted Business or a majority of the Voting Stock of any Person engaged in a Permitted Business that will become on the date of acquisition thereof a Restricted Subsidiary.

  • Current Assets of any Person means all assets of such Person that would, in accordance with GAAP, be classified as current assets of a company conducting a business the same as or similar to that of such Person, after deducting adequate reserves in each case in which a reserve is proper in accordance with GAAP.

  • Undepreciated Real Estate Assets as of any date means the cost (original cost plus capital improvements) of real estate assets of the Company and its Subsidiaries on such date, before depreciation and amortization, determined on a consolidated basis in accordance with GAAP.

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.