CNWC definition

CNWC means the Closing Net Working Capital; RNWC means the Reference Net Working Capital RNFP means the Reference Net Financial Position CNFP means the Closing Net Financial Position
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Examples of CNWC in a sentence

  • If the Sellers do not object to the Accountants' CNWC Report, or if the Purchaser agrees to accept the Sellers' adjustments to the Accountants' CNWC Report, then the Purchase Price shall be recalculated based on such adjustments and the Sellers and/or the Shareholder shall pay such amount in immediately available funds to the Purchaser within five (5) business days following such failure to object or such acceptance, respectively.

  • At least three Business Days prior to the Closing Date, Sellers' Representative shall provide to Buyer, in reasonable detail, written statements of an estimated (i) US Closing Balance Sheet (the "Estimated US Closing Balance Sheet"), and (ii) US CNWC (the "Estimated US CNWC").

  • The Sellers' objection to the Accountants' CNWC Report (the "Sellers' Objection") shall set forth in reasonable detail the Sellers' objection(s) to the Accountants' CNWC Report and the Sellers' calculation of the Closing Net Working Capital of the Sellers.

  • If the Estimated US CNWC is more than the US Trigger Amount, the US Purchase Price shall be increased by the amount by which the Estimated US CNWC is more than the US Trigger Amount, provided, however, that in no event shall the US Purchase Price be increased by more than $5,000,0000 in the aggregate pursuant to this Section 2.2.3.2 and Section 2.2.4.5(a).

  • The determination of the actual Closing Net Working Capital of the Companies by the Accountants shall be conclusive and binding upon the Parties unless the Sellers shall object to the Accountants' CNWC Report within thirty (30) days following the receipt of the Accountants' CNWC Report.

  • If the Estimated US CNWC is less than $44,500,000 (the "US Trigger Amount"), the US Purchase Price shall be decreased by the amount by which the Estimated US CNWC (which may be a negative number) is less than the US Trigger Amount.

Related to CNWC