Lower Working Capital Collar definition
Lower Working Capital Collar means [***].
Lower Working Capital Collar has the meaning set forth on Schedule 11(d).
Examples of Lower Working Capital Collar in a sentence
For the avoidance of doubt, if HD Supply’s good-faith estimate of the Closing Working Capital is that the Closing Working Capital is equal to an amount that is not less than the Lower Working Capital Collar Amount and is also not greater than the Upper Working Capital Collar Amount, then the Estimated Adjustment Amount will be zero.
More Definitions of Lower Working Capital Collar
Lower Working Capital Collar has the meaning set forth on Schedule 1.1(b).
Lower Working Capital Collar means $5,000,000 if Closing occurs on or prior to February 29, 2012 and $3,000,000 if Closing occurs after February 29, 2012. “Upper Working Capital Collar” means $10,000,000 if Closing occurs on or prior to February 29, 2012 and $8,000,000 if Closing occurs after February 29, 2012.
Lower Working Capital Collar means negative $242,447,260.34.
Lower Working Capital Collar mean $3,500,000.