Estimated Capital Expenditure Adjustment Amount definition

Estimated Capital Expenditure Adjustment Amount has the meaning specified in Section 1.4(a).
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Estimated Capital Expenditure Adjustment Amount means an amount equal to (A) the Estimated Capital Expenditure Amount minus (B) the Target Capital Expenditure Amount. For the avoidance of doubt the Estimated Capital Expenditure Adjustment Amount may be a negative number.
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Estimated Capital Expenditure Adjustment Amount means the amount of the Capital Expenditure Adjustment Amount, if any, as of 11:59 p.m. on the Measurement Date, as estimated by the Company and set forth in the Estimated Closing Statement and, if applicable, as adjusted pursuant to Section 2.3(a).
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Examples of Estimated Capital Expenditure Adjustment Amount in a sentence

  • As set forth in Section 1.3(d), the Estimated Net Working Capital Adjustment Amount and the Estimated Capital Expenditure Adjustment Amount shall be used to calculate the Closing Date Purchase Price payable at Closing.

  • If the Estimated Net Working Capital Adjustment Amount plus the Estimated Capital Expenditure Adjustment Amount is greater than the Net Working Capital Adjustment Amount plus the Capital Expenditure Adjustment Amount (such difference, the "DEFICIT AMOUNT"), then within five (5) days after the Determination Date Parent shall pay to Purchaser an amount equal to the Deficit Amount, together with interest thereon calculated from the Closing Date to the date of payment at the Applicable Rate.

  • If Buyer and the Sellers agree on changes to the Company’s proposed Estimated Net Working Capital, the Company’s proposed Estimated Capital Expenditure Adjustment Amount, Estimated Aggregate Consideration Adjustment Amount or the Company’s calculation of the number of Transaction Units based on such discussions, then the number of Transaction Units to be issued at Closing shall be based on such changes.

  • If the Closing Net Working Capital plus the Capital Expenditure Adjustment Amount is greater than the Estimated Net Working Capital Amount plus the Estimated Capital Expenditure Adjustment Amount (such difference, the "Increase Amount"), then within ten (10) Business Days after the Determination Date, Purchaser shall pay to Sellers an additional amount equal to the Increase Amount, together with interest thereon calculated from the Closing Date to the date of payment at the Applicable Rate.

  • Not later than five (5) Business Days prior to the Closing, Parent shall deliver to Purchaser its good faith estimate of the Net Working Capital of the Companies and their consolidated Subsidiaries as of the Closing Date (the "Estimated Closing Net Working Capital") and its good faith estimate of the Capital Expenditure Adjustment Amount (the "Estimated Capital Expenditure Adjustment Amount"), together with a reasonably detailed explanation of the calculation thereof.

  • If the Estimated Net Working Capital Amount plus the Estimated Capital Expenditure Adjustment Amount is greater than the Closing Net Working Capital plus the Capital Expenditure Adjustment Amount (such difference, the "Deficit Amount"), then within ten (10) Business Days after the Determination Date, Sellers shall pay to Purchaser an amount equal to the Deficit Amount, together with interest thereon calculated from the Closing Date to the date of payment at the Applicable Rate.

  • As set forth in Section 2.2(c), the Estimated Closing Net Working Capital Amount and the Estimated Capital Expenditure Adjustment Amount shall be used to calculate the Closing Date Purchase Price payable at Closing.

  • If the Net Working Capital Adjustment Amount plus the Capital Expenditure Adjustment Amount is greater than the Estimated Net Working Capital Adjustment Amount plus the Estimated Capital Expenditure Adjustment Amount (such difference, the "INCREASE AMOUNT"), then within five (5) days after the Determination Date, Purchaser shall pay to Parent an additional amount equal to the Increase Amount, together with interest thereon calculated from the Closing Date to the date of payment at the Applicable Rate.

  • If the Estimated Net Working Capital Adjustment Amount plus the Estimated Capital Expenditure Adjustment Amount is greater than the Net Working Capital Adjustment Amount plus the Capital Expenditure Adjustment Amount (such difference, the "Deficit Amount"), then within five (5) days after the Determination Date Parent shall pay to Purchaser an amount equal to the Deficit Amount, together with interest thereon calculated from the Closing Date to the date of payment at the Applicable Rate.

  • If the Net Working Capital Adjustment Amount plus the Capital Expenditure Adjustment Amount is greater than the Estimated Net Working Capital Adjustment Amount plus the Estimated Capital Expenditure Adjustment Amount (such difference, the "Increase Amount"), then within five (5) days after the Determination Date, Purchaser shall pay to Parent an additional amount equal to the Increase Amount, together with interest thereon calculated from the Closing Date to the date of payment at the Applicable Rate.


More Definitions of Estimated Capital Expenditure Adjustment Amount

Estimated Capital Expenditure Adjustment Amount has the meaning given such term in Section 2.3.
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Related to Estimated Capital Expenditure Adjustment Amount

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Working Capital Adjustment Amount means the amount (which may be positive or negative) equal to the result of the Closing Net Working Capital minus the Target Working Capital Amount.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Estimated Working Capital Adjustment shall have the meaning set forth in Section 2.2(b).

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Working Capital Adjustment has the meaning set forth in Section 2.15(b).

  • Target Net Working Capital Amount means $5,000,000.

  • Net Capital Expenditures means for any period the amount by which Capital Expenditures during such period exceeds reimbursements for such items during such period from any fund established pursuant to the Loan Documents.

  • Consolidated Capital Expenditures means, with reference to any period, the Capital Expenditures of the Borrower and its Subsidiaries calculated on a consolidated basis for such period.

  • Target Working Capital Amount means Nineteen Million Dollars ($19,000,000).

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Capital Expenditure Reserve means, on an annual basis, an amount equal to $0.15 per square foot for each property owned by a Borrower or the Parent (or a Subsidiary thereof).

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Unfinanced Capital Expenditures means, for any period, Capital Expenditures made during such period which are not financed from the proceeds of any Indebtedness (other than the Revolving Loans; it being understood and agreed that, to the extent any Capital Expenditures are financed with Revolving Loans, such Capital Expenditures shall be deemed Unfinanced Capital Expenditures).

  • Approved Capital Expenditures means Capital Expenditures incurred by Borrower and either (i) included in the Approved Annual Budget or (ii) approved by Lender, which approval shall not be unreasonably withheld or delayed.

  • Net Working Capital Target means $0.00.

  • Estimated Cash has the meaning set forth in Section 2.4(a).

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.

  • Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).