Examples of Estimated Net Working Capital Adjustment Amount in a sentence
The Seller shall consider in good faith any of Purchaser’s comments to such preliminary Closing Date Balance Sheet and Estimated Net Working Capital Adjustment Amount and provide any additional supporting documentation reasonably requested by Purchaser.
Subject to the adjustments set forth in Section 3.3, the “Purchase Price” shall consist of One Hundred Thirty-Three Million Dollars ($133,000,000) in cash (the “Enterprise Value”), plus or less (i) the Estimated Net Working Capital Adjustment Amount (which may be a positive number and added or a negative number and subtracted), less (ii) the Estimated Closing Date Funded Debt Amount, plus (iii) the Estimated Closing Date Cash Amount, less (iv) the Estimated Closing Date Outstanding Company Expenses.
The “ Closing Date Purchase Price” shall consist of the Purchase Price, plus (i) the Estimated Net Working Capital Adjustment Amount, less (ii) the Estimated Closing Date Funded Debt, less (iii) the Estimated Closing Date Company Transaction Expenses, plus (iv) the Estimated Closing Date Cash, less (v) the Holder Representative Fund, less (vi) the Escrow Amount.
At the Closing, Buyer shall deliver to the Shareholders an amount equal to Sixty Million Three Hundred Thousand Dollars ($60,300,000), plus (ii) the Estimated Closing Cash, plus (iii) the Estimated Net Working Capital Adjustment Amount, minus (iii) the Escrow Amount, minus (iv) any amounts paid by Buyer directly to the holders of Funded Indebtedness pursuant to Section 2.5 of this Agreement, minus (v) the Transaction Expenses of the Company.
As set forth in Section 1.3(d), the Estimated Net Working Capital Adjustment Amount and the Estimated Capital Expenditure Adjustment Amount shall be used to calculate the Closing Date Purchase Price payable at Closing.