Final Closing Working Capital definition

Final Closing Working Capital has the meaning set forth in Section 2.5(d).

Final Closing Working Capital shall have the meaning set forth in Section 2.9(a)(ii).

Final Closing Working Capital has the meaning set forth in Section 2.04(b)(i).

Examples of Final Closing Working Capital in a sentence

• The Closing Working Capital Amount determined by the Neutral Accountant shall be deemed to be the Final Closing Working Capital Amount and the Closing Working Capital Statement, as adjusted to reflect such determination, shall be deemed to be the Final Closing Working Capital Statement.

• Northern Border shall timely pay all Taxes due with respect to such Tax Returns to the extent of any applicable accruals included within the calculation of Final Closing Working Capital.

• ONEOK shall be responsible for and shall pay any Taxes (in excess of any applicable accruals therefor included within the calculation of Final Closing Working Capital) allocable to the portion of the Straddle Period ending on the Closing Date and Northern Border shall be responsible for and shall pay any Taxes allocable to the portion of the Straddle Period after the Closing Date.

• ONEOK will pay to Northern Border at Closing an amount equal to the portion of the 2006 ad valorem taxes allocated to it pursuant to this paragraph (to the extent such allocated amounts exceed any applicable accruals therefor included within the calculation of Final Closing Working Capital).

• The Seller shall promptly pay to the applicable Governmental Authority on behalf of the relevant Purchased ELN Company(ies), when due, all Taxes (other than Taxes which were taken into account in the calculation of the Final Closing Working Capital) payable by the relevant Purchased ELN Company(ies) in respect of periods ending on or before the Closing Date as indicated on such Tax Returns, and any such payment will be treated by the Parties as an adjustment to the Purchase Price for tax purposes.

More Definitions of Final Closing Working Capital

Final Closing Working Capital means Closing Working Capital (i) as shown in the Closing Working Capital Statement, if no Calculation Notice indicating disagreement with respect thereto is duly delivered pursuant to Section 2.09(b), or (ii) if such a Calculation Notice indicating disagreement therewith is delivered, (A) as agreed by the Representative and the Surviving Corporation pursuant to Section 2.09(b) or (B) in the absence of such agreement, as shown in the Settlement Accountant’s calculation delivered pursuant to Section 2.09(c), provided that in no event shall Final Closing Working Capital be less than the Surviving Corporation’s calculation of Closing Working Capital delivered pursuant to Section 2.09(a) or more than the Representative’s calculation of Closing Working Capital delivered pursuant to Section 2.09(b).

Final Closing Working Capital shall have the meaning set forth in Section 2.5(d) hereof.

Final Closing Working Capital means the Closing Working Capital set forth in the Final Closing Statement, as finally determined pursuant to Section 1.3.

Final Closing Working Capital means the definitive Closing Working Capital agreed to (or deemed to be agreed to) by Buyer and Seller in accordance with Section 3.2(B) hereof or resulting from the determinations made by the Neutral Auditors in accordance with this Section 3.2(C) (in addition to those items theretofore agreed to by Seller and Buyer).

Final Closing Working Capital shall have the meaning ascribed to such term in Section 2.07(d).

Final Closing Working Capital. “Final Closing Indebtedness” and “Final Retained Cash” mean Closing Working Capital, Closing Indebtedness and the Retained Cash, respectively, as shown in Chemtura’s calculation delivered pursuant to Section 1.7(a), if no notice of disagreement with respect thereto is duly delivered pursuant to Section 1.7(a); or if such a notice of disagreement is delivered, as agreed by Purchaser and Chemtura, on behalf of Sellers, pursuant to Section 1.7(c) or in the absence of such agreement, as shown in the Accountant’s calculation delivered pursuant to Section 1.7(c).

Final Closing Working Capital shall have the meaning set forth in Section 2.11(g).