Final Working Capital Increase definition

Final Working Capital Increase means the amount (if any) by which Final Working Capital exceeds Target Working Capital.
Final Working Capital Increase means the excess, if any, of (A) ------------------------------ the Final Working Capital Amount over (B) one hundred ten percent (110%) of the September 30 Working Capital Amount. The term "Final Working Capital Reduction" ------------------------------- shall mean the excess, if any, of (A) ninety percent (90%) of the September 30 Working Capital Amount over (B) the Final Working Capital Amount. All amounts payable under this Section 1.14(c) by Buyer to the Equityholders shall be distributed among the Equityholders on a pro rata basis in accordance with each such Equityholder's percentage ownership of capital stock of the Company immediately prior to the Merger (assuming conversion of all Preferred Stock to Common Stock and the exercise of all Incentive Stock Options, Non-Qualified Stock Options and warrants). The merger consideration, the Per Share Purchase Price and the Option Purchase Price shall be adjusted in accordance with any amounts payable under this Section 1.14(c).

Examples of Final Working Capital Increase in a sentence

  • In consideration for the sale of all of the Transferred Equity Interests set forth in this Agreement (the “ Purchase Price ”), on the terms set forth herein, Buyer shall pay to Seller (or its designees) an amount in cash equal to (w) Six Hundred Forty Million U.S. Dollars ($640,000,000) (the “ Base Purchase Price ”), plus (x) the Final Working Capital Increase (if any), minus (y) the Final Working Capital Decrease (if any), minus (z) the Final Assumed Indebtedness Decrease (if any).

  • The School Committee establishes educational policies for the district, consistent with the requirements of law and the statewide goals and standards established by the Massachusetts Department of Elementary and Secondary Education.

Related to Final Working Capital Increase

  • Final Working Capital has the meaning set forth in Section 2.4(b)(iii).

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Target Working Capital Amount means $0.00.

  • Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).

  • Target Net Working Capital Amount means $0.

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.