Working Capital

Working Capital. That amount which is equal to the excess of Current Assets over Current Liabilities.

Working Capital. The Company's current assets minus current liabilities, determined in accordance with generally accepted accounting principles

Working Capital. The amount by which the Company's current assets exceed its current liabilities; provided, that Working Capital shall include only those current assets and current liabilities of the type included in the Base Working Capital calculation on Schedule 1.1(c), and shall be determined in a manner consistent with the Working Capital Protocol

Working Capital. The current assets of GPCC plus, in the event the Term Loan and Term Revolving Loan are deemed to be Long Term Debt, the unused portion of the Term Revolving Loan, less the current liabilities of GPCC as determined in accordance with GAAP. For clarification purposes, in the event the Term Revolving Loan and Term Loan are deemed to be current liabilities strictly due to the accounting reclassification as a result of (i) Term Loan and Term Revolving Loan Maturity Dates being less than twelve (12)... months from the date of covenant measurement, or (ii) projections, forecasts or other forward-looking statements concerning future business conditions provided to certified public accountants, the available portion of the unused Term Revolving Loan will not be made available as an element of the current assets for Working Capital purposes, and the Term Loan and Term Revolving Loan shall be excluded from the current liabilities in the Working Capital covenant measurement. Reclassification of the Term Loan and the Term Revolving Loan as a result of an Event of Default shall result in the inclusion of all outstanding Loans in current liabilities. Should the Term Loan and Term Revolving Loan not be paid in full following the Maturity Date, the Term Loan and Term Revolver shall be included in current liabilities for Working Capital covenant purposes, all as computed on a consolidated basis with the Affiliated Borrower. View More

Working Capital. Moneys received by DSS under this Agreement which may be used by DSS in its discretion for any and all usual and customary business purposes relating to the parent company (DSS) or any of its Affiliates; provided that no amounts of the Investment shall be used to pay dividends, extraordinary compensation of DSS' and / or DSS' Affiliates' management, or other profit-sharing arrangements

Working Capital. Shall be calculated by subtracting the sum of all of Company's current liabilities as of the Closing Date from the sum of all of Company's current assets as of the Closing Date.