Estimated Closing Net Working Capital Adjustment Amount definition

Estimated Closing Net Working Capital Adjustment Amount means the amount equal to (a) the Estimated Net Working Capital as shown on the Closing Statement, minus (b) the Target Net Working Capital (which amount will be (i) a positive number if the Estimated Closing Net Working Capital exceeds the Target Net Working Capital and (ii) a negative number if the Estimated Closing Net Working Capital is less than the Target Net Working Capital).
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Estimated Closing Net Working Capital Adjustment Amount means an amount, which may be positive or negative, equal to Estimated Closing Net Working Capital minus the Target Net Working Capital.
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Estimated Closing Net Working Capital Adjustment Amount means the amount equal to (a) the Estimated Closing Net Working Capital as shown on the Closing Date Statement, minus (b) the Target Net Working Capital (which may be a positive or negative number); provided, that in the event the absolute value of such amount is equal to or less than the Net Working Capital Collar Amount, the “Estimated Closing Net Working Capital Adjustment Amount” shall be deemed to be $0.
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Examples of Estimated Closing Net Working Capital Adjustment Amount in a sentence

  • The Cash Purchase Price to be paid by the Purchaser at the Closing pursuant to Section 2.10(b) will be adjusted as follows: (A) up for the Estimated Closing Net Working Capital Adjustment Amount (if such amount is positive) or down for the Estimated Closing Net Working Capital Adjustment Amount (if such amount is negative); and (B) down for the absolute value of the Estimated Closing Indebtedness.


More Definitions of Estimated Closing Net Working Capital Adjustment Amount

Estimated Closing Net Working Capital Adjustment Amount has the meaning set forth in Section 2.1.
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Estimated Closing Net Working Capital Adjustment Amount means the amount equal to (a) the Estimated Net Working Capital as shown on the Closing Statement, minus
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Estimated Closing Net Working Capital Adjustment Amount means (a) if Estimated Closing Net Working Capital is (i) greater than or equal to $150,000,000 and (ii) less than or equal to $180,000,000, an amount equal to $0; (b) if Estimated Closing Net Working Capital exceeds
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Estimated Closing Net Working Capital Adjustment Amount means the amount by which the Estimated Closing Net Working Capital as shown on the Closing Date Statement exceeds the Target Net Working Capital by more than One Million Dollars ($1,000,000) or the amount by which the Target Net Working Capital exceeds the Estimated Closing Net Working Capital as shown on the Closing Date Statement by more than One Million Dollars ($1,000,000), as applicable (which amount will be reflected as (i) a positive number if the Estimated Closing Net Working Capital exceeds the Target Net Working Capital by more than One Million Dollars ($1,000,000), and (ii) a negative number if the Target Net Working Capital exceeds the Estimated Closing Net Working Capital by more than One Million Dollars ($1,000,000). For the avoidance of doubt, if the Estimated Closing Net Working Capital does not exceed the Target Net Working Capital by more than One Million Dollars ($1,000,000), or vice versa, the Estimated Closing Net Working Capital Adjustment Amount shall be zero.
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Estimated Closing Net Working Capital Adjustment Amount has the meaning specified in Section 1.4(a)(vi).
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Related to Estimated Closing Net Working Capital Adjustment Amount

  • Net Working Capital Adjustment Amount means an amount, which may be a positive or negative number, equal to the Net Working Capital as of the Effective Time minus the Net Working Capital Threshold.

  • Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

  • 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.

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.

  • Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).

  • Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

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

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

  • Target Working Capital Amount means $162,000,000.

  • Target Net Working Capital Amount means $0.

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

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • 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.

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).

  • Working Capital Amount shall have the meaning specified in Section 3.4(e).

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Final Adjustment Amount shall have the meaning set forth in Section 2.5(e).

  • Closing Date Net Working Capital has the meaning specified in Section 3.4(a).

  • Estimated Adjustment Amount has the meaning set forth in Section 2.8(a).

  • Closing Cash means the aggregate amount of Cash of the Company as of the Effective Time.

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing 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.

  • Working Capital Deficit means the amount by which the Net Working Capital is less than the Target Net Working Capital.