Estimated Working Capital Decrease definition

Estimated Working Capital Decrease means the amount, if any, by which Target Net Working Capital exceeds the Estimated Closing Net Working Capital; provided, however, that such amount shall be $0 if the Estimated Closing Net Working Capital is equal to the upper or lower limit of the Target Net Working Capital Range or falls within the Target Net Working Capital Range.
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Estimated Working Capital Decrease means the amount, if any, by which the Estimated Closing Date Net Working Capital is less than the Target Net Working Capital.
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Estimated Working Capital Decrease means the amount, if any, by which the Target Net Working Capital exceeds the Estimated Closing Date Net Working Capital.
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Examples of Estimated Working Capital Decrease in a sentence

  • The Buyer’s failure to make any comment regarding, or to dispute any amount included in, the Estimated Closing Statement shall not limit, or have any effect on, the Buyer’s rights pursuant to Section 2.05(b) to conduct a review of the Estimated Closing Date Net Working Capital, the Estimated Working Capital Increase or Estimated Working Capital Decrease, as the case may be, and the resulting calculation of the Purchase Price.

  • On or before the Closing Date, the Buyer and the Representative shall jointly in good faith estimate the amount by which Closing Working Capital exceeds Target Working Capital (such excess is referred to herein as an "Estimated Working Capital Increase") or the amount by which Closing Working Capital is less than Target Working Capital (such deficiency is referred to herein as an "Estimated Working Capital Decrease").

  • In the event the Buyer and the Representative are unable to agree on the Estimated Working Capital Increase or the Estimated Working Capital Decrease, as the case may be, or the Estimated Cash or the Estimated Indebtedness as provided in Sections 2.2(a)(i) through (iii), each such estimate in dispute shall be the average of the good faith estimate of the Buyer and the good faith estimate of the Representative for such Section 2.2(a)(i), (ii) and/or (iii) as the case may be.

  • At the Closing, if there is an Estimated Working Capital Increase, then the Purchase Price shall be increased by the amount of such excess, or if there is an Estimated Working Capital Decrease, then the Purchase Price shall be decreased by the amount of such deficiency.


More Definitions of Estimated Working Capital Decrease

Estimated Working Capital Decrease means the amount, if any, by which zero exceeds the Estimated Working Capital Amount.
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Estimated Working Capital Decrease means Seller’s good faith estimate of the amount, if any, by which Estimated Target Working Capital exceeds Estimated Working Capital set forth on the Estimated Closing Statement.
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Related to Estimated Working Capital Decrease

  • Estimated Working Capital has the meaning set forth in Section 2.3(a).

  • Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;

  • Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.

  • Working Capital Deficit means the amount by which the Net Working Capital is less than the Target Net Working Capital.

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Target Working Capital Amount means $0.00.

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Target Working Capital has the meaning set forth in Section 2.06(a)(ii).

  • Target Net Working Capital Amount means $0.