Net Working Capital Adjustment. If the Net Working Capital Amount as finally determined pursuant to Section 1.04(a) above is greater than the Estimated Net Working Capital Amount, Buyer shall pay such excess to Seller in accordance with Section 1.04(c). If the Net Working Capital Amount as finally determined pursuant to Section 1.04(a) above is less than the Estimated Net Working Capital Amount, Seller shall pay or cause to be paid such shortfall to Buyer in accordance with Section 1.04(c).
Appears in 2 contracts
Samples: Securities Purchase Agreement (Harland Clarke Holdings Corp), Securities Purchase Agreement (M & F Worldwide Corp)
Net Working Capital Adjustment. If the Net Working Capital Amount as finally determined pursuant to Section 1.04(a1.04(b) above is greater than the Estimated Net Working Capital Amount, Buyer shall pay to Seller such excess to Seller in accordance with Section 1.04(c1.04(d). If the Net Working Capital Amount as finally determined pursuant to Section 1.04(a1.04(b) above is less than the Estimated Net Working Capital Amount, Seller shall pay or cause to be paid such shortfall to Buyer in accordance with Section 1.04(c1.04(d).
Appears in 1 contract
Net Working Capital Adjustment. If the Net Working Capital Amount as finally determined pursuant to Section 1.04(a) above is greater than the Estimated Net Working Capital Amount, Buyer shall pay such excess to Seller shall result in an increase in the Estimated Purchase Price in accordance with Section 1.04(c). If the Net Working Capital Amount as finally determined pursuant to Section 1.04(a) above is less than the Estimated Net Working Capital Amount, Seller shall pay or cause to be paid such shortfall to Buyer shall result in a decrease in the Estimated Purchase Price in accordance with Section 1.04(c).
Appears in 1 contract
Net Working Capital Adjustment. If the Net Working Capital Amount as finally determined pursuant to Section 1.04(a1.05(a) above is greater than the Estimated Net Working Capital Amount, Buyer shall pay such excess to Seller shall result in an increase in the Estimated Purchase Price in accordance with Section 1.04(c1.05(c). If the Net Working Capital Amount as finally determined pursuant to Section 1.04(a1.05(a) above is less than the Estimated Net Working Capital Amount, Seller shall pay or cause to be paid such shortfall to Buyer shall result in a decrease in the Estimated Purchase Price in accordance with Section 1.04(c1.05(c).
Appears in 1 contract
