Estimated Net Working Capital Adjustment Amount definition

Estimated Net Working Capital Adjustment Amount means an amount, which may be positive or negative, equal to (a) Estimated Closing Net Working Capital minus (b) Target Net Working Capital.
Estimated Net Working Capital Adjustment Amount means either (i) the amount by which Estimated Closing Date Net Working Capital exceeds $22,500,000, or (ii) the amount by which Estimated Closing Date Net Working Capital is less than $20,500,000, in which case a negative number.
Estimated Net Working Capital Adjustment Amount has the meaning set forth in Section 2.4(b).

Examples of Estimated Net Working Capital Adjustment Amount in a sentence

  • The results of such inventory count, subject to any adjustments for subsequent changes in inventory, shall be reflected in the Estimated Net Working Capital Adjustment Amount.


More Definitions of Estimated Net Working Capital Adjustment Amount

Estimated Net Working Capital Adjustment Amount means the Sellers’ good faith estimate of the Closing Date Net Working Capital Adjustment Amount, as set forth on the notice delivered by the Sellers pursuant to Section 2.03(g).
Estimated Net Working Capital Adjustment Amount means the amount, which may be positive or negative, equal to (i) Estimated Closing Date Net Working Capital, minus (ii) $48,000,000.
Estimated Net Working Capital Adjustment Amount means an amount, which may be positive or negative, equal to (i) Estimated Closing Net Working Capital minus (ii) Closing Net Working Capital Target.
Estimated Net Working Capital Adjustment Amount means an amount (which may be positive, negative or equal to zero) equal to: (a) the Estimated Net Working Capital Amount; minus (b) the Target Net Working Capital Amount.
Estimated Net Working Capital Adjustment Amount means an amount equal to: (a) the Estimated Net Working Capital Amount; minus (b) the Target Net Working Capital Amount.
Estimated Net Working Capital Adjustment Amount means an amount, which may be positive, negative or zero, equal to (a) if Estimated Closing Net Working Capital is greater than Target Net Working Capital plus $1,413,000, or if Estimated Closing Net Working Capital is less than Target Net Working Capital minus $1,413,000 then Estimated Closing Net Working Capital minus Target Net Working Capital, or (b) if Estimated Closing Net Working Capital is within the range of Target Net Working Capital plus $1,413,000 and Target Net Working Capital minus $1,413,000, then zero.
Estimated Net Working Capital Adjustment Amount means the amount, which may be positive or negative, equal to