Final Closing Date Working Capital Schedule definition

Final Closing Date Working Capital Schedule means the schedule of the Closing Date Working Capital, which shall be prepared by Seller and be in the same format as the Estimated Closing Date Working Capital Schedule and include a calculation of the Closing Date Working Capital, as finally determined pursuant to Section 2(g), and the Closing Date Working Capital Deficit, if any, or Closing Date Working Capital Surplus, if any.

Examples of Final Closing Date Working Capital Schedule in a sentence

  • Seller has not incurred any liabilities to customers for rebates, discounts, returns, refunds, promotional allowances or otherwise, except as are recorded in its books and records of the Companies or chargebacks which could arise in the Ordinary Course of Business or as provided for on the Final Closing Date Working Capital Schedule.

  • All notes and accounts receivable of the Companies set forth in the Final Closing Date Working Capital Schedule will be valid receivables and, are current and collectible amounts, subject only to the reserve for bad debts provided for therein, and chargebacks which could arise in the Ordinary Course of Business.

  • All outstanding accounts and notes receivable reflected on the Final Closing Date Working Capital Schedule will be, due and valid claims against account debtors for goods or services delivered or rendered, and subject to no defenses, offsets or counterclaims known to Seller, except as reserved against in the Final Closing Date Working Capital Schedule by the Companies in accordance with U.S. GAAP consistently applied or for chargebacks which could arise in the Ordinary Course of Business.

Related to Final Closing Date Working Capital Schedule