Closing Date Working Capital

Closing Date Working Capital. Shall mean the current assets of QUES less current liabilities of QUES (both on a consolidated basis) as of the Closing Date as determined in accordance with GAAP by the independent auditors of QUES, provided however, that (i) the shareholder loan payable to BCS Stockholder (the "Marin Loan") shall be treated as a current liability to the extent it remains outstanding as of the Closing Date, and (ii) any unpaid transaction fees and costs of BCS or its counsel (whether or not invoiced by the... Closing Date) shall be treated as a current liability as of the Closing Date. View More