Estimated Net Working Capital Amount definition

Estimated Net Working Capital Amount shall have the meaning set forth in Section 2.1(a)(i).

Estimated Net Working Capital Amount has the meaning set forth in Section 1.4(a).

Estimated Net Working Capital Amount means Seller’s good faith estimate, as of immediately prior to the Closing Effective Time, of the Net Working Capital Amount.

Examples of Estimated Net Working Capital Amount in a sentence

• The Estimated Net Working Capital Amount shall be calculated in accordance with the Agreed Accounting Policies and consistent with the example calculation set forth on the Example Statement of Net Working Capital.

• For the purposes of calculating the Estimated Net Working Capital Amount, the amount of Receivables included in Current Assets shall be calculated by multiplying (x) the aggregate amount of gross Receivables (excluding the Excluded Receivables) as of the Sunday immediately preceding the Closing Date and (y) 0.50.

• If the Estimated Net Working Capital Amount is less than the Net Working Capital Target, then the Purchase Price paid pursuant to Section 2.04(e) shall be decreased by an amount equal to the amount by which the Net Working Capital Target exceeds the Estimated Net Working Capital Amount.

• If the Estimated Net Working Capital Amount is equal to the Net Working Capital Target, then the Purchase Price paid pursuant to Section 2.04(e) shall not be adjusted pursuant to this Section 2.06(a).

• If the Estimated Net Working Capital Amount is greater than the Net Working Capital Target, then the Purchase Price paid pursuant to Section 2.04(e) shall be increased by an amount equal to the amount by which the Estimated Net Working Capital Amount exceeds the Net Working Capital Target.

More Definitions of Estimated Net Working Capital Amount

Estimated Net Working Capital Amount means an amount equal to the product of (a) (i) the Net Book Value of the current assets of the Business listed on Section B-2 of the Disclosure Schedule, including all cash located in the Subject Equipment as reflected in the full service change fund, less (ii) the Net Book Value of the current liabilities of the Business listed on Section B-2 of the Disclosure Schedule, in each case, as of the Business Day that is the Sellers’ last accounting day in the fiscal month prior to the fiscal month in which the Closing occurs and determined in accordance with the guidelines set forth on Section B-1 of the Disclosure Schedule and in accordance with the Agreed Financial Methodology, multiplied by (b) the Estimated Volume Percentage.

Estimated Net Working Capital Amount has the meaning set forth in Section 1.03.

Estimated Net Working Capital Amount means an amount equal to the product of (a) (i) the Net Book Value of the current assets of the Business listed on Section B-2 of the Disclosure Schedule, less (ii) the Net Book Value of the current liabilities of the Business listed on Section B-2 of the Disclosure Schedule, in each case, as of the Business Day that is the Sellers’ last accounting day in the fiscal month that is two (2) months prior to the fiscal month in which the Closing occurs and determined in accordance with the guidelines set forth on Section B-1 of the Disclosure Schedule and in accordance with the Agreed Financial Methodology, multiplied by (b) the Estimated Volume Percentage.

Estimated Net Working Capital Amount has the meaning given in paragraph 1 of Part 1 of Schedule 7;

Estimated Net Working Capital Amount means the estimate of the amount of Net Working Capital as at Completion as set out in the Estimated Net Working Capital Statement;

Estimated Net Working Capital Amount means £496,386.16;

Estimated Net Working Capital Amount means an amount equal to the product of (a) (i) the Net Book Value of the current assets of the Business listed on Section B-2 of the Disclosure Schedule, including all cash located in the Subject Equipment as reflected in the full service change fund, less (ii) the Net Book Value of the current liabilities of the Business listed on Section B-2 of the Disclosure Schedule, in each case, as of the Business Day that is the Sellers’ last accounting day in the fiscal month that is two (2) months prior to the fiscal month in which the Closing occurs and determined in accordance with the guidelines set forth on Section B-1 of the Disclosure Schedule and in accordance with the Agreed Financial Methodology, multiplied by (b) the Estimated Volume Percentage.