Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).
Working Capital Adjustment means the amount by which the Working Capital exceeds the Normalised Working Capital Target (which amount shall be added to the Bid Amount for the purposes of Clause 3.1) or the amount by which the Working Capital is less than the Normalised Working Capital Target (which amount shall be deducted from the Bid Amount for the purposes of Clause 3.1).
Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Working Capital as of the beginning of such period exceeds (or is less than) Working Capital as of the end of such period.
Examples of Working Capital Adjustment in a sentence
Other than the Working Capital Adjustment Amount, as set forth in Section 2(e) above, the Parties agree that there are no further expenses and offsets to be assessed against any future consideration paid in cash or Parent Common Stock under the Agreement and the Second Amendment.
The “Total Consideration” shall be equal to (x) the Closing Date Consideration minus (y) the Working Capital Adjustment.
More Definitions of Working Capital Adjustment
Working Capital Adjustment has the meaning ascribed to such term in Section 2.3(b).
Working Capital Adjustment has the meaning set forth in Section 1.7(a).
Working Capital Adjustment means any amount (which may be expressed as a negative number) equal to the amount of the Closing Working Capital less the Target Working Capital.
Working Capital Adjustment has the meaning given in Clause 3.6.
Working Capital Adjustment means an amount equal to (i) the Net Working Capital minus (ii) the Target Working Capital; provided, that if the absolute value of the Working Capital Adjustment pursuant to the foregoing formula would otherwise be One Million Dollars ($1,000,000) or less, the Working Capital Adjustment shall equal Zero Dollars ($0) for purposes of this Agreement.
Working Capital Adjustment means the adjustment described in Clause 3.2.
Working Capital Adjustment means the amount by which the Working Capital exceeds or is less than the Base Working Capital, any such excess being treated as a positive amount and any such shortfall being treated as a negative amount.