Estimated Closing Working Capital definition

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

Estimated Closing Working Capital has the meaning set forth in Section 3.1.

Estimated Closing Working Capital is defined in Section 2.3.

Examples of Estimated Closing Working Capital in a sentence

• Upon return from study abroad program, must volunteer at least one hour with the International Programs Office at an event to promote education abroad to prospective students.

• At least two Business Days prior to the Closing Date, the Company shall have delivered to Buyer and Buyer’s Parent the Estimated Closing Balance Sheet and Estimated Closing Working Capital, and all objections of Buyer and Buyer’s Parent to the amounts thereon or calculations thereof shall have been resolved to Buyer’s and Buyer’s Parent’s reasonable satisfaction (any such resolution shall not affect or limit the rights of the Parties under Sections 2.6 or 6.3 or otherwise).

• The “Closing Adjustment” shall equal (i) the Estimated Closing Working Capital, plus (ii) the Estimated Closing Cash Amount, less (iii) the Target Working Capital, less (iv) the Estimated Closing Date Indebtedness, and (v) less the Estimated Closing Date Transaction Fees.

• Between the delivery of the Working Capital Statement and the Closing Date, the Sellers shall provide the Buyer and its Representatives reasonable access to the Company’s and the Company Subsidiaries’ books, records and work papers relating to the Working Capital Statement for the purpose of evaluating the Working Capital Statement, the calculation of Estimated Closing Working Capital and the calculation of Estimated Closing Cash.

• The amount, if any, by which Target Closing Working Capital exceeds Estimated Closing Working Capital shall be referred to herein as the “Estimated Working Capital Deficit”.

More Definitions of Estimated Closing Working Capital

Estimated Closing Working Capital has the meaning given in Section 1.5.

Estimated Closing Working Capital. Section 2.11(a)

Estimated Closing Working Capital means Seller’s good faith estimate of the amount of Closing Working Capital, based on the books and records of Seller and the Selling Subsidiaries.

Estimated Closing Working Capital shall have the meaning set forth in Section 1.10(a) of this Agreement.

Estimated Closing Working Capital means U.S. Sellers’ good faith estimate of Closing Working Capital, calculated in accordance with the accounting principles set forth in Schedule 1.4.

Estimated Closing Working Capital means the amount estimated by Seller to be the amount of Closing Working Capital, as set forth on the Closing Certificate.

Estimated Closing Working Capital which statement shall contain an estimated balance sheet of the Company as of the Closing Date (without giving effect to the transactions contemplated herein), a calculation of Estimated Closing Working Capital (the “