Examples of Estimated Closing Net Working Capital Amount in a sentence
Seller shall provide Buyer and any accountants or advisors retained by Buyer with reasonable access to the Records of the Group Companies for the purpose of enabling Buyer and its accountants and advisors to calculate, and to review Seller’s calculation of the Estimated Closing Net Working Capital Amount, Estimated Closing Cash, Estimated Closing Indebtedness, Estimated Transaction Expenses and Estimated Purchase Price.
The Estimated Closing Net Working Capital Amount shall be prepared and calculated in accordance with GAAP and the definition of Net Working Capital Amount, and shall contain the line items set forth in the sample working capital amount calculations set forth on Schedule 1.15, which are based on the Company Balance Sheet.
Maintenance of yards includes, but is not limited to, regular watering, irrigation, cutting, pruning, mowing and removal of all trimmings.
The Estimated Closing Net Working Capital Statement shall be mutually agreed by the parties and shall reflect the Working Capital Assets, the Working Capital Liabilities and the Estimated Closing Net Working Capital Amount, each as estimated to exist as of the Closing Date.
The Estimated Closing Net Working Capital Amount, Estimated Closing Working Capital Adjustment Amount, the Estimated Closing Indebtedness Amount, the Estimated Closing Cash Amount, and the Estimated Closing Third Party Expenses set forth in the Estimated Closing Statement will be used for purposes of calculating the Cash Consideration at the Closing (which calculation shall be subject to adjustment pursuant to, and in accordance with, the terms of this Section 2.12).
The Estimated Cash Amount, the Estimated Debt Amount, and the Estimated Closing Net Working Capital Amount shall be determined in accordance with the Specified Accounting Principles and as set forth in Exhibit A.
The "ESTIMATED ADJUSTMENT AMOUNT" shall mean the amount equal to (a) the Estimated Closing Net Working Capital Amount, minus (b) the Net Working Capital Amount as of September 30, 2002, as shown in the Pro Forma Adjusted Balance Sheet ($92,934,493), minus (c) the Estimated Closing Debt, plus (d) the amount of Total Debt as of September 30, 2002, ($1,165,519,106).
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.