Examples of Estimated Closing Working Capital Amount in a sentence
The Company will review any comments on the Estimated Closing Working Capital Amount made by Parent and will consider, in good faith, any appropriate changes.
The Estimated Closing Balance Sheet and the Estimated Closing Working Capital Amount shall be prepared by the Company in accordance with GAAP using the same practices, procedures, principles, classifications and methodologies applied in the preparation of the Company Balance Sheet (including with respect to the establishing of reserves).
For corporate customers, you may contact your relationship manager directly.We provide the Privacy Notice in both English and Bahasa Malaysia.
To the extent that the Estimated Closing Working Capital Amount exceeds the Target Working Capital, the Cash Purchase Price payable at the Closing will be increased by the amount of the excess, and to the extent that the Estimated Closing Working Capital Amount is less than the Target Working Capital, the Cash Purchase Price will be reduced by the amount of such deficiency.
If the Estimated Closing Working Capital Amount as shown on the Estimated Initial Working Capital Statement provided pursuant to Section 1.8(c)(vi) is less than the Target Working Capital Amount (such difference, the “Estimated Working Capital Deficiency”), the Closing Date Merger Consideration paid by the Parent and Merger Sub to the Holders at Closing shall be correspondingly reduced by the amount of the Estimated Working Capital Deficiency.