Working Capital Increase definition

Working Capital Increase means the amount, if any, by which the Closing Date Net Working Capital exceeds the Target Net Working Capital.

Working Capital Increase shall have the meaning ascribed thereto in Section 2.2(b)(viii).

Working Capital Increase means, for any period, the result, if positive, obtained by subtracting Working Capital at the opening of business on the first day of such period from Working Capital at the close of business on the last day of such period.

Examples of Working Capital Increase in a sentence

• At the proposal of the Board, the General Shareholders’ Meeting may decide to set aside the following reserves: (i) Reserve for Dividend Equalization; (ii) Reserve for Working Capital Increase; and (iii) Reserve for Increase in Capital of Investees.

• Reserve for Working Capital Increase shall be limited to 30% (thirty percent) of the amount of capital, the purpose being to guarantee funds for the operation of the company, comprising resources equivalent to up to 20% (twenty percent) of net income, adjusted pursuant to Article 202 of the Brazilian Corporate Law.

• The Reserve for Working Capital Increase will be limited to 30% of the amount of capital stock, and its purpose is to guarantee funds for the company’s operations, being composed of funds equivalent to up to 20% of net income for the year, adjusted pursuant to Article 202 of the Brazilian Corporate Law.

• If the Working Capital Adjustment results in a Working Capital Increase, within five Business Days after the date of the Final Closing Statement, Buyer shall (x) pay to Sellers based on their Percentage Ownership an amount equal to the Working Capital Increase and (y) cause the Escrow Agent to release and disburse to Sellers based on their Percentage Ownership, the entire Working Capital Escrow.

• Sources of Cash2010-112009-10- Cash from operation269.49214.00- Non-operating cash flow26.3817.11- Increase in debts1056.771876.42- Decrease in cash and cash equivalents318.39–Uses of Cash - Net capital expenditure- Increase In Working Capital- Increase in cash and cash equivalents.26.121010.72–24.801812.28270.46 f) Risk ManagementThe Company is exposed to the risk from the market fluctuations of foreign exchange as well as the fluctuation in the price of iron and steel.

More Definitions of Working Capital Increase

Working Capital Increase means the amount, if any, by which Working Capital as of the fiscal year then ended exceeds Working Capital as of the previous fiscal year end; "Working Capital Decrease" means the amount, if any, by which Working Capital as of the fiscal year then ended is less than Working Capital as of the previous fiscal year end; and "Working Capital" means current assets (other than cash) of the Borrowers and their consolidated Subsidiaries MINUS current liabilities (including all principal outstanding under the Revolving Credit Facility, whether or not classified as a current liability in accordance with GAAP) of the Borrowers and their consolidated Subsidiaries.

Working Capital Increase means the amount by which Final Working Capital is greater than the Target, and for the avoidance of doubt, where Final Working Capital is a deficit, such deficit is less than any deficit on which the Target is based.

Working Capital Increase means the amount, if any, by which Net Working Capital exceeds the upper limit of the Target Net Working Capital Range. With respect to the defined terms in Sections 1.5(a)(v) and 1.5(a)(vi), Current Assets and Current Liabilities shall be determined as follows: (i) first, the methods, policies, principles, methodologies and rules set forth in Exhibit F shall be applicable, without regard to whether such methods, policies, principles, methodologies and rules are consistent with GAAP; provided, however, that, to the Knowledge of the Company, any deviations from GAAP are described on Exhibit F, and (ii) second, to the extent no relevant method, policy, principle, methodology or rule is applicable pursuant to the foregoing clause (i), GAAP, applied in a manner consistent with the Company’s historical methods, policies, principles, methodologies and rules, excluding any effects of the transactions contemplated by this Agreement, shall be applicable (collectively, the “Agreed Accounting Principles”).

Working Capital Increase. Amount” Section 3.1(d)

Working Capital Increase means the amount, if any, by which the Closing Net Working Capital exceeds the Estimated Closing Net WorkingCapital. 10 4826-7940-7793v12/101501-0066

Working Capital Increase means, for any period, the amount, if any, by which Working Capital as of the end of such period is more than Working Capital as of the end of the immediately preceding period.

Working Capital Increase means the positive amount, if any, obtained by subtracting the Required Working Capital Amount from the Closing Working Capital Amount.