definiens: means the total current assets ( but excluding ( i ) Cash, ( ii ) deferred Tax assets,(iii ) income Tax assets and ( iv ) any other Tax assets other than Tax assets with respect to sales, use and value added Taxes, which shall be included ), less the total current liabilities ( but excluding ( i ) Transaction Expenses, ( ii ) Indebtedness,(iii ) deferred Tax liabilities, ( iv ) income Tax liabilities and ( v ) any other Tax liabilities other than any Tax liabilities withrespect to sales, use and value added Taxes, which shall be included ), of the Company and the Company Subsidiaries on aconsolidated basis, as determined in accordance with GAAP, applied on a basis consistent with the Company ’s past practicesused in preparing the Financial Statements, but in all instances in accordance with GAAP . By way of illustration, a calculationof Company Net Working Capital as of March 31, 2012 is set forth on Section 1.1 of the Company Disclosure Letter