Assumed Net Working Capital definition

Assumed Net Working Capital has the meaning set forth in Section 1.8 (a).
Sample 1Sample 2
Assumed Net Working Capital means a negative $2,000,000 (which is a net liability).
Sample 1
Assumed Net Working Capital means the sum of (x) the aggregate value of the Acquired Inventory (but excluding any Acquired Inventory within the Specified NWC SKUs) plus operating supplies and spare parts, determined on a consolidated basis, without duplication, as of the Reference Time in accordance with the Accounting Principles, and (y) the Aggregate SKU-Level Excess (if any).
Sample 1

Examples of Assumed Net Working Capital in a sentence

  • Accordingly, the parties hereto agree that if the Estimated Net Working Capital is less than the Assumed Net Working Capital (the amount of such shortfall, if any, is hereinafter referred to as the "Estimated Working Capital Deficit"), the Buyer shall deduct from the Cash Equity Amount, on a dollar for dollar basis, the Estimated Working Capital Deficit.

  • The parties hereto acknowledge that the consideration being paid to Sellers pursuant to Section 3.1 is based on the assumption that the Net Working Capital of the Company shall be equal to Forty One Million Nine Hundred Thousand Dollars ($41,900,000) (the "Assumed Net Working Capital").

  • Require the LEA to publicly report on the revision of policies, practices, and procedures described under paragraph (b)(1) of this section.

  • If the Net Working Capital as reflected on the Final Working Capital Statement is greater than the Assumed Net Working Capital (i.e., the Assumed Net Working Capital is -$719,730 or either a lesser negative number or zero or a positive number) (the amount of such excess is hereinafter referred to as the "Working Capital Surplus"), LabOne shall pay to ChoicePoint, on a dollar for dollar basis, an amount equal to the Working Capital Surplus.

  • The parties hereto acknowledge that the Purchase Price assumes that the Assets include net working capital ("Assumed Net Working Capital") of Thirteen Million Eight Hundred Thousand Dollars ($13,800,000).

  • The useful life is as follows: Rental guaranteed payments – Over the guarantee periods, which range from 1 to 25 years Gains or losses arising from de-recognition of an intangible asset are measured as the difference between the net disposal proceeds and the carrying amount of the asset and are recognised in profit and loss when the asset is derecognised.

  • Exhibit 1.8 of the Disclosure Schedules sets forth the method by which the Assumed Net Working Capital was calculated, which shall be the method used for calculating the Net Working Capital.

  • Vessels engaged in navigation on the Great Lakes are subject to application of seasonal international marks as specified in Part 45 of this subchapter.

  • The amount of the Unadjusted Consideration is determined, in part, on the assumption the Net Working Capital of the Company will be negative Five Million Six Hundred Thirty Eight Thousand Dollars (-$5,638,000) (the "Assumed Net Working Capital").

  • The parties hereto acknowledge that the consideration being paid to ChoicePoint pursuant to Section 1.2 is based on the assumption that the Net Working Capital of Xxxxxx shall be equal to -$719,731 (the "Assumed Net Working Capital").


More Definitions of Assumed Net Working Capital

Assumed Net Working Capital means $6,250,000.00
Sample 1
Assumed Net Working Capital means $10,000,000.
Sample 1
Assumed Net Working Capital has the meaning set forth in Section 3.4(c).
Sample 1

Related to Assumed Net Working Capital

  • Target Net Working Capital means $0.

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

  • Target Working Capital means $0.

  • Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Closing Net Working Capital means the Net Working Capital as of the open of business on the Closing Date.

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • 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 means, on any date, Current Assets less Current Liabilities.

  • Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Adjusted Working Capital means the remainder of (a) the consolidated current assets of the Obligors minus the amount of cash and cash equivalents included in such consolidated current assets, minus (b) the consolidated current liabilities of the Obligors minus the amount of consolidated short-term Debt (including current maturities of long-term Debt) of the Obligors included in such consolidated current liabilities.

  • Target Net Working Capital Amount means $5,000,000.

  • Consolidated Working Capital at any date, the excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date.

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Actual Working Capital has the meaning set forth in Section 2.7(a).

  • 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.

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

  • Net Working Capital Target means $0.00.

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Target Working Capital Amount means Nineteen Million Dollars ($19,000,000).

  • Working Capital Assets has the meaning as set forth in the Recitals of this Agreement.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Base Working Capital means negative USD$250,000 in aggregate for the Target Entities.

  • Final Working Capital has the meaning set forth in Section 2.4(b)(iii).

  • 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.