Negative Working Capital Balance shall have the meaning given to such term in Section 2.2.3.6 herein.

Negative Working Capital Balance means the amount, if any, by which the Preliminary Working Capital Amount shall exceed the Final Working Capital Amount; (iv) "Final Working Capital Amount" shall mean an amount equal to the difference between the current assets and the current liabilities of the Business as of the Closing Date, each as set forth on the Final Closing Date Balance Sheet; (v) "Working Capital Settlement Date" shall mean the fifth (5th) business day following the date of receipt by Purchaser and Seller of the Final Closing Date Balance Sheet; (vi) "Final Installment Date" shall mean February 15, 2000, provided, however, that upon consummation of a Change in Control Event (as hereinafter defined) prior to February 10, 2000, the Final Installment Date shall be the fifth business day after the effective date of such Change in Control Event (but in no event later than February 15, 2000); (vii) "Final Installment Payment" shall mean an amount equal to the sum of Four Million Five Hundred Seventeen Thousand Dollars ($4,517,000.00) and the Negotiated Settlement Revenue for the Applicable Prior Period, if any; provided, however, that in the event the Final Installment Date takes place prior to February 15, 2000 due to a Change in Control Event, then the amount of Four Million Five Hundred Seventeen Thousand Dollars ($4,517,000.000) shall be reduced by an amount equal to the Discount Factor Amount (as hereinafter defined); (viii) "Negotiated Settlement Revenue" shall mean fifty percent (50%) of the fees actually received by the Business under the contracts listed on Exhibit 1.6(g)(viii)(1) hereto with respect to the claims identified on Exhibit 1.6(g)(viii)(2) hereto during the Applicable Prior Period less fifty percent (50%) of the costs and expenses incurred by the Business in collecting such fees, limited to, any auditor or prepper fees, hospital audit fees, medical record pull fees or travel expense reimbursement directly associated with the collection of such fees ("Collection Costs"); (ix) "Change in Control Event" shall mean

Negative Working Capital Balance shall have the meaning specified in Section 2.10.6 of the Agreement.

Examples of Negative Working Capital Balance in a sentence

W orking Capital.” If the Final Working Capital is less than $5,200,000 (“Negative Working Capital Balance”), such Negative Working Capital Balance shall bepaid by the Sellers to Providence in immediately available funds within three (3) Business Days of such determination.

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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.
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Target Working Capital Amount means Nineteen Million Dollars ($19,000,000).
Working Capital Amount shall have the meaning specified in Section 3.4(e).
Target Net Working Capital Amount means $5,000,000.
Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.
Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.
Net Working Capital Target means $0.00.
Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.
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.
Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.
Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.
Base Working Capital means negative USD$250,000 in aggregate for the Target Entities.
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).
Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Working Capital Adjustment Amount means the amount (which may be positive or negative) equal to the result of the Closing Net Working Capital minus the Target Working Capital Amount.
Working Capital Advance has the meaning specified in Section 2.01(c).
Working Capital Loan has the meaning specified in Section 2.1(c).
Target Working Capital means $0.
Working Capital Target means $0.
Consolidated Working Capital at any date, the excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date.
Estimated Working Capital has the meaning set forth in Section 2.3(a).
Capital Base means, at any date, the sum of Tangible Net Worth and Subordinated Debt.
Working Capital Adjustment has the meaning set forth in Section 2.15(b).
Estimated Working Capital Adjustment shall have the meaning set forth in Section 2.2(b).

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