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.

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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.
The Estimated Net Working Capital Deficit, if any, shall not be greater than Twelve Million Dollars ($12,000,000).
If the Estimated Net Working Capital is less than the Assumed Net Working Capital (the amount by which the Assumed Net Working Capital exceeds the Estimated Net Working Capital being referred to herein as the “Estimated Net Working Capital Deficit”), then the Base Purchase Price shall be decreased pursuant to Section 1.2 by an amount equal to the Estimated Net Working Capital Deficit.
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.
If the Estimated Net Working Capital Deficit exceeds the amount of the Deficit, Purchaser shall pay to Seller within 10 days after the final determination of the Final Working Capital Schedule the excess of the Estimated Net Working Capital Deficit over the Deficit.

More Definitions of Estimated Net Working Capital Deficit

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 given to it in Section 3.2(a).

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 absolute value of the amount, if any, by which the Baseline Net Working Capital exceeds the Estimated Closing Net Working Capital.

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 the Stockholder Representative and set forth on the Closing Date Statement.

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