Capital refund definition
Capital refund means an amount that is (in substance) a refund of capital expenditure relating to an asset.
Capital refund means the amount by which the Net Working Capital on the Final Closing Balance Sheet is at a deficit in excess of five hundred twenty five thousand dollars ($525,000).
Examples of Capital refund in a sentence
The Seller shall, within sixty (60) days of the determination of the Final Net Working Capital, refund to Buyer, by cashiers or certified check or by interbank wire transfer, the amount of any Negative Adjustment to the Purchase Price.