Examples of Final Adjusted Working Capital in a sentence
Nevertheless, to the extent there are any creditors with respect to a series of notes whose recourse is not so limited Noteholders may be exposed to risks incurred for the account of other series.
Seller shall cause the provisions of any Tax Sharing Arrangement between any IPC Company, on the one hand, and Seller or any of its Affiliates (other than any IPC Company), on the other hand, to be terminated as of the Closing Date, and any such Tax sharing Arrangements shall have no further effect for any taxable year or period (whether current, future or past), except to the extent of Non-Income Tax liabilities included in the calculation of Final Adjusted Working Capital.
For 2003, such bonus shall be pro rated, based on the period from the Effective Date to December 31, 2003; provided that the Executive shall be entitled to any bonus for the period of 2003 prior to the Effective Date, accrued and reflected in "Final Adjusted Working Capital", as a current liability in the "Final Closing Statement," each as defined in the Securities Purchase Agreement.
All inventory reflected on the most recent balance sheet in the Financial Statements, and all inventory acquired since that date (other than inventory disposed of in the ordinary course of business) is usable in the ordinary course of business, subject to any reserves reflected in the Interim Financial Statements or taken into account in determining the Final Adjusted Working Capital.
No Seller nor any Restricted Party shall have any liability pursuant to Section 6.1 for any amount actually deducted in the calculation of the Final Adjusted Working Capital Schedule.