Closing Working Capital Amount definition

Closing Working Capital Amount shall have the meaning set forth in Section 2.05(a).
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Closing Working Capital Amount means an amount equal to (i) the Company’s Current Assets as of the Closing Date, minus (ii) the Company’s Current Liabilities as of the Closing Date.
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Closing Working Capital Amount means the amount of the Working Capital as of the Closing.
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Examples of Closing Working Capital Amount in a sentence

  • The Closing Working Capital Amount determined by the Neutral Accountant shall be deemed to be the Final Closing Working Capital Amount and the Closing Working Capital Statement, as adjusted to reflect such determination, shall be deemed to be the Final Closing Working Capital Statement.

  • The Parties agree that the procedure set forth in this Section 1.4 for resolving disputes with respect to the Closing Working Capital Amount shall be the sole and exclusive method for resolving any such disputes, provided that this provision shall not prohibit either Party from instituting litigation to enforce the ruling of the Neutral Accountant.

  • The Parties shall use reasonable efforts to resolve such differences regarding the determination of the Closing Working Capital Amount for a period of forty-five (45) days after Buyer has delivered the Dispute Notice.

  • The Neutral Accountant shall be required to resolve the differences between the Parties and determine the Closing Working Capital Amount within twenty (20) Business Days thereafter and, upon reaching such determination, the Neutral Accountant shall deliver a written copy of its determination, which shall state in reasonable detail the findings of fact on which it is based, to PKI and Buyer.

  • The Closing Working Capital Amount shall be calculated in accordance with the same accounting methods, policies, principles, practices and procedures, with consistent classifications, judgments and estimation methodology, as set forth on Schedule 1.4(a).


More Definitions of Closing Working Capital Amount

Closing Working Capital Amount shall have the meaning set forth in Section 1.4(a).
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Closing Working Capital Amount shall have the meaning set forth in Section 2.4(a).
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Closing Working Capital Amount means the Working Capital as of the Closing Date set forth on the final Closing Statement.
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Closing Working Capital Amount means the amount of the Working Capital as shown on the Closing Date Statements.
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Closing Working Capital Amount means the amount of the Working Capital of the Target Companies as of 12:01 a.m. Mountain Time on the Closing Date.
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Closing Working Capital Amount means the amount equal to (x) Closing Working Capital Assets minus (y) Closing Working Capital Liabilities, as set out on the Closing Date Balance Sheet. The Closing Working Capital Amount shall be expressed in Sterling;
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Closing Working Capital Amount means the amount of the Closing Current Assets less the amount of the Closing Current Liabilities.
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