Examples of Average Working Capital in a sentence
If Buyer so notifies Seller of its objection to the calculation of Closing Working Capital, Closing Cash and 1998 Average Working Capital, Buyer and Seller shall, within 30 days (or such longer period as the parties may agree) following such notice (the "Resolution Period"), attempt to resolve their differences and any resolution by them as to any disputed amounts shall be final, binding and conclusive.
If following resolution of any disputed amounts there do not remain in dispute amounts the aggregate net effect of which exceeds $2.5 million, then all amounts remaining in dispute shall be deemed to have been resolved in favor of the calculation of Closing Working Capital, Closing Cash and 1998 Average Working Capital delivered by Seller to Buyer.
Firm that has a minimum Average Working Capital of Rs. 14 Million based on the last three years audit reports.
Buyer may dispute items reflected in the calculation of Closing Working Capital, Closing Cash and 1998 Average Working Capital only on the basis that such amounts were not arrived at in conformity with GAAP.
In addition, Seller shall calculate the average Working Capital of the Business over the 12 months shown on the Monthly Balance Sheets (the "Average Working Capital").