Working Capital Surplus means the amount by which the Net Working Capital is greater than the Target Net Working Capital.
Working Capital Surplus means the amount, if any, by which Net Working Capital as reflected on the Final Closing Statement exceeds the Base Working Capital.
Working Capital Surplus has the meaning set forth in Section 1.7(a)(ii).
Examples of Working Capital Surplus in a sentence
Attached hereto as Exhibit 3.4 is a statement (the “Closing Date Financial Statement”), signed by the Manager of the Company (on behalf and in the name of the Company), which sets forth (i) the Company’s estimate of the Net Working Capital (the “Estimated Working Capital”) at Closing, and (ii) the Estimated Working Capital Surplus, if any, or the Estimated Working Capital Deficit, if any, at Closing.
More Definitions of Working Capital Surplus
Working Capital Surplus means the amount by which the Company’s Closing Date Working Capital exceeds $54,000,000; provided that there will be no adjustment if such amount is less than $1,500,000.
Working Capital Surplus means the amount by which the Working Capital as of 12:01 A.M. on the Closing Date is greater than Target Working Capital.
Working Capital Surplus has the meaning set forth in Section 2.03(b).
Working Capital Surplus means the amount, if any, by which the Net Working Capital is greater than $831,000.
Working Capital Surplus means the amount by which the Working Capital is greater than the Target Working Capital Amount.
Working Capital Surplus means the amount, if any, by which the final Closing Net Working Capital Amount exceeds the Target Net Working Capital Amount.
Working Capital Surplus means the amount, if any, by which the Closing Net Working Capital Amount exceeds the Upper Working Capital Collar.