Estimated Closing Net Working Capital Shortage definition

Estimated Closing Net Working Capital Shortage means the amount, if any, by which the Estimated Closing Net Working Capital is less than the Target Net Working Capital.

Examples of Estimated Closing Net Working Capital Shortage in a sentence

  • The amount of the Estimated Closing Net Working Capital Shortage (if any) determined to be due and owing to Buyer by Sellers pursuant to the Estimated Closing Statement shall reduce the Closing Payment payable to Sellers at the Closing pursuant to Section 2.01.

  • The amount of the Estimated Closing Net Working Capital Shortage (if any) determined to be due and owing to Buyer by Sellers pursuant to the Estimated Closing Statement shall reduce the Closing Payment payable to Sellers at the Closing pursuant to S ection 2.01.

Related to Estimated Closing Net Working Capital Shortage