Consolidated Working Capital

Consolidated Working Capital. All references to the term "Consolidated Working Capital" in the Loan Agreement and the other Financing Agreements shall be deemed and each such reference is hereby amended by adding the following new proviso prior to the period at the end of such definition as follows: "; provided, further, that, solely for purposes of calculating Consolidated Working Capital of Hanover and its Subsidiaries during Hanover's fiscal year ending... December 27, 2003, current deferred tax liabilities of Hanover in the amount of $2,300,000 that are required to be written off pursuant to Financial Accounting Standards No. 109, shall be added back for purposes of determining the amount of current liabilities of Hanover and its Subsidiaries." View More