Working Capital definition

Working Capital means, with respect to the Borrower and the Subsidiaries on a consolidated basis at any date of determination, Current Assets at such date of determination minus Current Liabilities at such date of determination; provided, that, for purposes of calculating Excess Cash Flow, increases or decreases in Working Capital shall be calculated without regard to any changes in Current Assets or Current Liabilities as a result of (a) any reclassification in accordance with GAAP of assets or liabilities, as applicable, between current and noncurrent or (b) the effects of purchase accounting.

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

Working Capital means Current Assets minus Current Liabilities.

Examples of Working Capital in a sentence

The Independent Accountant shall make a determination as soon as practicable within 30 days (or such other time as the parties hereto shall agree in writing) after their engagement, and their resolution of the Disputed Amounts and their adjustments to the Closing Working Capital Statement and/or the Post-Closing Adjustment shall be conclusive and binding upon the parties hereto.
The Estimated Closing Statement and the determinations contained therein shall be prepared by the Company in good faith and in accordance with the definitions of Cash, Working Capital, Transaction Expenses, Indebtedness and Estimated Adjusted Purchase Price contained in this Agreement.
To the extent such Taxes for all taxable periods and portions of periods through the Closing Date are not so reflected as the Acquired Companies’ liabilities in the Financial Statements and not taken into account when determining Closing Working Capital or the Purchase Price in accordance with Section 2.5, the Sellers shall pay all such Taxes.
The aggregate consideration for the Purchased Company Shares shall be an amount equal to (i) $2,350,000,000 (the “Base Purchase Price”), minus (ii) the Estimated Closing Indebtedness, minus (iii) the Estimated Closing Expenses, plus or minus, as applicable, (iv) the Estimated Closing Working Capital Surplus or the Estimated Closing Working Capital Deficiency, plus (v) the Estimated Cash on Hand, in each case, subject to adjustment as provided in Section ‎2.4.

More Definitions of Working Capital

Working Capital mean Borrower's current assets, excluding prepaid expenses, less Borrower's current liabilities.

Working Capital means funds that are used in the day-to-day operation of the business of the Hotel, including, without limitation, amounts sufficient for the maintenance of change and ▇▇▇▇▇ cash funds, amounts deposited in operating bank accounts, receivables, amounts deposited in payroll accounts, prepaid expenses and funds required to maintain Inventories, less accounts payable and accrued current liabilities.

Working Capital. The words "Working Capital" mean Borrower's current assets, excluding prepaid expenses, less Borrower's current liabilities.

Working Capital means, at any date, the excess of current assets of the Company and its Subsidiaries on such date over current liabilities of the Company and its Subsidiaries on such date, all determined on a consolidated basis in accordance with GAAP.

Working Capital means, for any Person at any date, the amount, if any, by which the Consolidated Current Assets of such Person at such date exceeds the Consolidated Current Liabilities of such Person at such date.

Working Capital means the excess of Consolidated Current Assets over Consolidated Current Liabilities.

Working Capital means, as of any date of determination, the excess, if any, of Current Assets over Current Liabilities as of such date.

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