Estimated Closing Date Net Working Capital Adjustment means (i) if Estimated Closing Date Net Working Capital exceeds the Target Amount, the amount of such excess (expressed as a positive number), (ii) if the Target Amount exceeds Estimated Closing Date Net Working Capital, the amount of such excess (expressed as a negative number) and (iii) if Estimated Closing Date Net Working Capital equals the Target Amount, $0.
Estimated Closing Date Net Working Capital Adjustment means the amount, if any, of any increase or decrease to the Estimated Closing Date Payment as determined pursuant to clause (a) or (b) below, as applicable, and in each case, without duplication of the provisions of Section 1.8(b).
Estimated Closing Date Net Working Capital Adjustment is the amount equal to the Estimated Closing Date Net Working Capital less the Minimum Net Working Capital. For the avoidance of doubt, if the Estimated Closing Date Net Working Capital is greater than the Minimum Net Working Capital, there shall be an increase in the Estimated Purchase Price in respect thereof, and if the Estimated Closing Date Net Working Capital is less than the Minimum Net Working Capital, there shall be a decrease in the Estimated Purchase Price in respect thereof.
Examples of Estimated Closing Date Net Working Capital Adjustment in a sentence
Section 2.10(a) Estimated Closing Date Net Working Capital Adjustment Amount...............................
More Definitions of Estimated Closing Date Net Working Capital Adjustment
Estimated Closing Date Net Working Capital Adjustment has the meaning set forth in Section 1.3(a).
Estimated Closing Date Net Working Capital Adjustment means (i) the amount, if any, by which the Target amount exceeds Estimated Closing date Net Working Capital, which shall result in a corresponding dollar-for-dollar decrease in the Estimated Closing Cash payment and (ii) the amount, if any, by which the Estimated Closing date Net Working Capital exceeds the Target amount, which shall result in a corresponding dollar-for-dollar increase in the Estimated Closing Cash payment.