Completion Net Working Capital definition

Completion Net Working Capital means the sum of all the line items included in the column headed “Net Working Capital” in the Completion Statement;

Completion Net Working Capital means the Net Working Capital as of the Adjustment Calculation Time;

Completion Net Working Capital means net working capital of the Companies at the Completion Date, as shown in line item 10 of the Completion Net Working Capital Statement;

Examples of Completion Net Working Capital in a sentence

• Second Adjustment On the Second Adjustment Date, the Purchaser and the Vendors will recalculate the Completion Net Working Capital Amount in accordance with the terms of the Agreement and adjust the Completion Net Working Capital Amount to reflect the collection of account receivables during the five month period following Completion.

• The Completion Net Working Capital Statement will be prepared in the format set out in the proforma statement of net working capital attached as Part 3 of this Schedule and will include all elements of the Actual Net Working Capital definition and of any Cash Excess or any Cash Shortfall and of any amounts for which a Claim can be made or is otherwise payable pursuant to Clause 4.4.2.

• If the Completion Net Working Capital is greater than the Estimated Completion Net Working Capital, as shown in the Completion Statement, the Buyer shall pay to the Sellers and Management Sellers (between them) the amount of the surplus on a pound for pound basis in accordance with clause 4.6.

• Any Notice of Disagreement shall specify in reasonable detail the nature and amount of any disagreement so asserted and any proposed adjustments to the Completion Net Current Assets Statement and the Completion Statement and the resulting Completion Net Working Capital and Net Completion Cash (and the Net Working Capital Adjustment and the Purchase Consideration resulting from the Completion Net Working Capital and Net Completion Cash) as set out therein.

• The board also contract with a management company which brings financial planning experience to the board in its consultant capacity.

• Figure 2b: Similarly looking buildings in the same street contain the same physical objects but very different spatial property objects.

• Actual Completion Net Working Capital an amount equal to the net working capital (being total assets less total liabilities), as set out in the final Completion Accounts (as adjusted by the Expert’s Report, if applicable).

• Reference Net Working Capital and Actual Completion Net Working Capital will not include any deferred tax assets or liabilities.

• The Completion Net Working Capital Statement The Purchaser shall, as soon as practicable and in any event within 30 Business Days following Completion, draw up a Completion Net Working Capital Statement.

• US$630,021.41 (or equivalent to approximately S$844,000) to be paid to CBSA, after taking into account the estimated Completion Net Debt/Cash Balance (as defined in the SPA), plus the Completion Net Working Capital (as defined in the SPA) less the Interim Net Working Capital (as defined in the SPA).

More Definitions of Completion Net Working Capital

Completion Net Working Capital has the meaning given to it in paragraph 1 of Schedule 7;

Completion Net Working Capital means, in respect of the Company, its Net Working Capital as at the close of business on the Completion Date, as derived from the Completion Net Working Capital Statement;

Completion Net Working Capital shall have the meaning set out in Section 3.3 below;