Closing Date Net Working Capital definition

Closing Date Net Working Capital has the meaning set forth in Section 2.7(a).
Closing Date Net Working Capital has the meaning specified in Section 3.4(a).
Closing Date Net Working Capital means the Net Working Capital as of the close of business on the Business Day immediately preceding the Closing Date.

Examples of Closing Date Net Working Capital in a sentence

  • Any adjustments made pursuant to this Section 2.8(d) shall be made without duplication of any adjustment made with respect to Closing Date Net Working Capital.

  • The Purchase Price Adjustment described in this Section 1.7 shall be based on the Closing Date Net Working Capital Statement as adjusted to take into account the Independent Accounting Firm’s determinations of those matters that are in controversy.

  • The Sellers and Purchaser agree that the Purchase Price will be adjusted as of the Effective Time such that (i) if at the Effective Time the Closing Date Net Working Capital is more than the Target, the Purchase Price will be increased by 73.1% of the amount of such excess and (ii) if at the Effective Time the Closing Date Net Working Capital is less than the Target, the Purchase Price will be reduced by 73.1% of the amount of such shortfall.

  • No amount shall be included on the Post-Closing Statement, the Estimated Closing Date Net Working Capital or the Closing Date Net Working Capital, in each case, with respect to liabilities for the Outstanding Company Expenses paid in accordance with this Section 3.4. For the avoidance of doubt, no amounts payable in connection with the repayment of the Closing Date Funded Debt Amount shall be included in the Outstanding Company Expenses.

  • Attached hereto as Exhibit C is an example of a Closing Date Balance Sheet, including a calculation of the Closing Date Net Working Capital as of June 30, 2014, based on the Company’s balance sheet as of such date, which is included solely to illustrate the Parties’ intentions regarding the provisions of this Section 2.3.


More Definitions of Closing Date Net Working Capital

Closing Date Net Working Capital is defined in Section 2.5(a)(i).
Closing Date Net Working Capital means the Net Working Capital as of the Adjustment Time.
Closing Date Net Working Capital means the Net Working Capital as of 11:59 p.m. on the date immediately preceding the Closing Date.
Closing Date Net Working Capital means the sum of (a) the Current Assets, as of the Closing, less (b) the Current Liabilities, as of the Closing, each determined in accordance with the respective definitions of Current Assets and Current Liabilities, and subject to such definitions, prepared consistently with the Target Working Capital Schedule.
Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.
Closing Date Net Working Capital means, as of the Effective Time, the Current Assets minus the Current Liabilities, calculated in accordance with the Accounting Principles,
Closing Date Net Working Capital means the Net Working Capital of the Sellers under the Acquisition Agreements as of the Closing Date as determined pursuant to Section 1.7.