Minimum Target Net Working Capital definition
Minimum Target Net Working Capital means an amount equal to the Target Net Working Capital minus $50,000.
Minimum Target Net Working Capital has the meaning ascribed to it in Section 1.06(b).
Minimum Target Net Working Capital means [***].
Examples of Minimum Target Net Working Capital in a sentence
In the event that the Net Working Capital as of the close of business on the business day immediately prior to the Closing Date (the “Closing Net Working Capital”) shall be less than the Minimum Target Net Working Capital, then the Purchase Price shall be decreased dollar-for-dollar by the amount of such difference.
More Definitions of Minimum Target Net Working Capital
Minimum Target Net Working Capital means negative $12,075,000.
Minimum Target Net Working Capital means an amount equal to $1,600,000