Estimated Working Capital Adjustment definition

Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;

Estimated Working Capital Adjustment has the meaning set forth in Section 2.6(a).

Estimated Working Capital Adjustment shall have the meaning specified in Section 3.4(b).

Examples of Estimated Working Capital Adjustment in a sentence

• The Completion Date Payment will consist of Purchase Consideration as adjusted by Estimated Working Capital Adjustment (i.e, if the Estimated Working Capital Amount is greater than the Target Working Capital then such Estimated Working Capital Adjustment is to be added and vice versa) and shall be further adjusted by the Estimated Capex Adjustment (as computed in Schedule 1 Part B).

• Seller and Buyer shall cooperate and provide each other access to their respective books, records and employees as are reasonably requested in connection with the matters addressed in this Section 2.6. Within five Business Days prior to the expected Closing Date, Seller shall in good faith estimate Net Working Capital as of the close of business on the Business Day immediately preceding the Closing Date and shall provide Buyer with written notice thereof and of the Estimated Working Capital Adjustment.

• Similarly, from the second relation we lean that the anti-symmetric component can have absolute value as large as 1 + 2/N in the upper boundary.

• Before the Closing, the Representative and the Buyer shall in good faith mutually determine the Estimated Working Capital Adjustment.

• The Representative shall deliver to the Buyer the Estimated Closing Balance Sheet and a schedule setting forth the Estimated Working Capital Adjustment.

More Definitions of Estimated Working Capital Adjustment

Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater than the Normalised Working Capital Target (in which case it will be added to the Bid Amount for the purposes of Clause 7.3) or by which it is less than the Normalised Working Capital Target (in which case it will be deducted from the Bid Amount for the purposes of Clause 7.3);

Estimated Working Capital Adjustment means (i) the Estimated Working Capital minus (ii) the Target Working Capital.

Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater than the relevant Normalised Working Capital Target (in which case it will be added to the Bid Amount for the purposes of Clause 7.4) or by which it is less than the relevant Normalised Working Capital Target (in which case it will be deducted from the Bid Amount for the purposes of Clause 7.4);

Estimated Working Capital Adjustment means an amount (which may be positive or negative) equal to:

Estimated Working Capital Adjustment means an amount equal to the difference (which may be positive or negative) between Estimated Net Working Capital and Target Net Working Capital.

Estimated Working Capital Adjustment means an amount equal to the absolute value of the difference between (i) the Estimated Working Capital Amount; and (ii) the Target Working Capital;

Estimated Working Capital Adjustment means, in respect of a Seller: