Estimated Net Working Capital Deficit definition

Estimated Net Working Capital Deficit means the amount, if any, by which the Target Net Working Capital exceeds the Estimated Net Working Capital.

Estimated Net Working Capital Deficit means the amount, if any, by which the NWC Purchase Price Component is greater than the Estimated Net Working Capital Amount as set forth on the Estimated Closing Statement.

Estimated Net Working Capital Deficit means the amount by which the Estimated Net Working Capital is less than the Net Working Capital Target.

Examples of Estimated Net Working Capital Deficit in a sentence

• Parent has prepared in good faith and delivered to Purchaser a statement (the “Estimated Statement”) setting forth the (A) the Estimated Cash and Cash Equivalents, (B) the Estimated Closing Indebtedness, (C) the Estimated Net Working Capital Amount, and (D) the Estimated Net Working Capital Deficit, if any, or the Estimated Net Working Capital Surplus, if any.

• I understand the use of tobacco and vapor products on the fields and in the dugouts is prohibited.

• In full payment for the Shares and in consideration of Seller’s covenants and agreements in this Agreement and the Ancillary Documents, Buyer shall pay or cause to be paid at the Closing (the “Closing Payment”), in the manner described in Section 2.03: (i) (A) the Closing Cash Amount plus (B) the Estimated Net Working Capital Excess, if any, minus (C) the Estimated Net Working Capital Deficit, if any and (ii) the Rollover Amount, in the form of the Rollover Stock.

• The Merger Consideration shall be reduced dollar for dollar by the amount of any Indebtedness, the amount of any Transaction Expenses and the amount of the Estimated Net Working Capital Deficit, if any, each as set forth on the Estimated Closing Balance Sheet and the Statement of Estimated Closing Liabilities.

• If the Estimated Net Working Capital is less than the Target Net Working Capital (such deficiency, the “Estimated Net Working Capital Deficit”), then the Closing Date Cash Payment shall be reduced dollar-for-dollar by the amount of such Estimated Net Working Capital Deficit.

More Definitions of Estimated Net Working Capital Deficit

Estimated Net Working Capital Deficit means the amount, if any, by which the Net Working Capital Target exceeds the Estimated Net Working Capital, as set forth on the Closing Date Financial Statement.

Estimated Net Working Capital Deficit means the amount, if any, by which the Target Working Capital exceeds the Estimated Closing Working Capital as set forth on the Estimated Closing Statement.

Estimated Net Working Capital Deficit means the amount, if any, by which Estimated Net Working Capital is less than Target Net Working Capital.

Estimated Net Working Capital Deficit has the meaning set forth in Section 2.04(a).

Estimated Net Working Capital Deficit means the dollar amount, if any, by which the Estimated Closing Net Working Capital Amount is less than negative $610,000.

Estimated Net Working Capital Deficit means the Net Working Capital Deficit, if any, estimated by Parent and set forth on the Estimated Statement.

Estimated Net Working Capital Deficit means the Net Working Capital Deficit, if any, estimated by the Stockholder Representative and set forth on the Closing Date Statement.