Capital Target definition

Capital Target means licensee Adjusted Net Assets of £57.50 per Domestic Customer.
View Source
Capital Target means the excess by which the assets of a self-funded Program exceed the liabilities of such Program measured at a point in time as determined by the Board.
View Source
Capital Target means the excess by which the assets exceeded the liabilities for all the Program Years measured at a point in time as determined by the Board of Directors.
View Source

Examples of Capital Target in a sentence

  • The Parties acknowledge that no adjustments may be made to the Working Capital Target.

  • The Base Purchase Price or Adjusted Base Purchase Price, as the case may be, will be either (x) increased by an amount equal to the excess, if any, of (i) Estimated Working Capital over (ii) the Working Capital Target as of the Closing Date, or (y) decreased by an amount equal to the excess, if any, of (i) the Working Capital Target, as of the Closing Date, over (ii) Estimated Working Capital.

  • If the Net Working Capital Target exceeds the Net Working Capital as set forth on the Preliminary Balance Sheet, then the Purchase Price shall be reduced at the Closing by an amount equal to such difference.

  • The foregoing condition shall also be deemed satisfied if the sum of: (1) the amount by which the Initial Cash Target exceeds the amount of the cash balance at the Measurement Date; plus (2) the amount by which the Initial Working Capital Target exceeds the Working Capital at the Measurement Date; plus (3) the amount by which the Debt at the Measurement Date exceeds the Initial Debt Target does not exceed One Million Dollars ($1,000,000).

  • If the Net Working Capital as set forth on the Preliminary Balance Sheet exceeds the Net Working Capital Target at Closing, the Purchase Price shall be increased at the Closing by an amount equal to such difference.

  • If the Working Capital Target Amount exceeds the Closing Date Working Capital by more than $200,000, Visant shall pay to the Buyer an amount equal to the Purchase Price Adjustment Amount on the date that is the later of May 31, 2007 and 10 Business Days after the determination of such Purchase Price Adjustment Amount.

  • Exhibit B sets forth a sample calculation of Working Capital, which is illustrative of the calculations used to arrive at the Working Capital Target Amount.

  • If the Closing Date Working Capital exceeds the Working Capital Target Amount, no payment shall be due from Buyer to Visant.

  • To the extent the Estimated Working Capital exceeds the Working Capital Target, the Initial Purchase Price payable by the Buyer at Closing shall be increased by the amount of such excess.

  • The “Working Capital Adjustment” means the amount, if any, by which Estimated Working Capital is less than the Working Capital Target.