Final Closing Working Capital Adjustment definition

Final Closing Working Capital Adjustment means (i) Final Closing Working Capital minus (ii) Base Working Capital (which, for the avoidance of doubt, shall be a negative number if Final Closing Working Capital is less than Base Working Capital).

Final Closing Working Capital Adjustment means the amount, which may be positive or negative, equal to the Closing Working Capital minus the Closing Working Capital Target, provided, however, that if such amount is greater than negative $50,000 and less than $50,000, the Final Closing Working Capital Adjustment shall be deemed to be $0.

Final Closing Working Capital Adjustment means (i) Final Closing Working Capital minus (ii) Target Working Capital minus (iii) the Estimated Closing Working Capital Adjustment; provided, however, that (A) if the total is more than $100,000, then the Final Closing Working Capital Adjustment will be the amount of such difference, and (B) if the total is $100,000 or less, then the Final Closing Working Capital Adjustment will be $0.

Examples of Final Closing Working Capital Adjustment in a sentence

• Leading Learning, Teaching, and Curriculum — 3 hrs.(Tailored for teacher leaders in American international schools) Extensive study in the knowledge and skills needed by teacher leaders to help lead the development and delivery of curriculum, assessment and instruction focused on student achievement.

• No part of the development shall take place until a detailed Construction Management Plan has been submitted to and approved in writing by the Local Planning Authority.

• He was aware of the close co-operation there was between the Community and the RAF Station and appreciated the support that was always given.

• Each of Buyer and Seller shall make available to the Auditor such documents, books, records, work papers, facilities, personnel and other information as the Auditor may reasonably request to review the Final Closing Working Capital and the Final Closing Working Capital Adjustment Amount and to resolve the disagreement.

• In the event that the Final Closing Working Capital Adjustment Amount is a negative number, then within five (5) days after the Symphony Determination Date Seller shall pay to Buyer an amount equal to the absolute value of the Final Closing Working Capital Adjustment Amount, together with any interest earned thereon calculated at a rate of 6% per annum starting from the Closing Date and through the date of payment.

• Other than in the case of Fraud, the Parties agree that the procedures set forth in this Section 2.13 shall be the sole and exclusive method for resolving any disputes with respect to the determination of the Working Capital and the Final Closing Working Capital Adjustment Amount; provided, that this provision shall not prohibit the Buyer or the Shareholders’ Representative from instituting litigation to enforce a ruling of the Auditor.

• This method combines a comparison in terms of predefined dose difference (∆D, termed dose difference criterion) and distance (∆d, termed distance-to-agreement criterion or DTA criterion).

• If the Final Closing Working Capital Adjustment Amount is a negative amount, then Buyer shall be entitled to prompt payment from the Adjustment Escrow Fund of the absolute value of such amount; provided that if the Adjustment Escrow Amount is less than the amount to be paid to Buyer, then Buyer shall be entitled to receive such excess amount from the Indemnification Escrow Fund.

• If the Final Closing Working Capital Adjustment Amount is a positive amount, then Buyer shall promptly pay the Paying Agent, for distribution to the Company Holders or to the Surviving Corporation for amounts to be paid through payroll, according to the applicable percentages set forth on Schedule I, such amount due to them, if any.

• Respondent shall provide the Department with a copy of such instrument certified by such County Clerk to be a true and faithful copy within thirty (30) Days after such recording (or such longer period of time as may be required to obtain a certified copy, provided Respondent advises the Department of the status of its efforts to obtain same within such thirty (30) Day period).

More Definitions of Final Closing Working Capital Adjustment

Final Closing Working Capital Adjustment means Closing Working Capital Adjustment (i) as shown in Buyer’s calculation delivered pursuant to Section 2.5(b) if no notice of disagreement with respect thereto is duly delivered pursuant to Section 2.5(c), or (ii) if such a notice of disagreement is delivered, (A) as agreed by Buyer and the Sellers’ Representative pursuant to Section 2.5(d) or (B) in the absence of such agreement, as shown in the Accountant’s calculation delivered pursuant to Section 2.5(d); provided, however, that in no event shall Final Closing Working Capital Adjustment be less than Buyer’s calculation of Closing Working Capital Adjustment delivered pursuant to Section 2.5(b) or more than the Sellers’ Representative’ calculation of Closing Working Capital Adjustment delivered pursuant to Section 2.5(c).

Final Closing Working Capital Adjustment means the sum of (A) either (1) if the Target Working Capital exceeds the Final Closing Working Capital, the amount, if any, by which the difference between the Target Working Capital and the Final Closing Working Capital exceeds $-500,000.00 (which amount shall be a negative number) and (2) if the Final Closing Working Capital exceeds the Target Working Capital, the amount, if any, by which the difference between the Final Closing Working Capital and the Target Working Capital exceeds $500,000.00 (which amount shall be a positive number), and (B) minus the Closing Working Capital Adjustment (which may be a negative number).