Net Working Capital Methodology definition

Net Working Capital Methodology means the principles and methodologies for calculating the Closing Working Capital and Final Net Working Capital of the Company, an example of which is attached as Exhibit A.
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Net Working Capital Methodology means the accounting principles and adjustments set forth in Exhibit B hereto.
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Net Working Capital Methodology means the methodology for calculating Net Working Capital set forth on Schedule 1.2.
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Examples of Net Working Capital Methodology in a sentence

  • The Closing Date Balance Sheet and the Closing Statement (i) will reflect, respectively, the financial position of the Company and calculation of the Net Working Capital of the Company, in each case as of the close of business on the Closing Date, (ii) will be prepared and determined as of the close of business on the Closing Date on an accrual basis and on a basis consistent with GAAP using the Net Working Capital Methodology.

  • The Closing Statement shall be prepared, and all of the individual elements thereof, as applicable, used to calculate the Final Purchase Price shall be determined, in accordance with the Net Working Capital Methodology.

  • The Closing Statement will be prepared in a manner consistent with the Net Working Capital Methodology and the definitions of the terms Closing Cash, Closing Indebtedness, Net Working Capital and Seller Transaction Expenses contained herein.

  • By: Name: Xxxx XxxXxxxxx Title: Director SMART STORAGE SYSTEMS GMBH By: Name: Xxxx XxxXxxxxx Title: Managing Director Exhibit D Closing Net Working Capital Methodology See attached.

  • Xxxxxx Avenue Chicago, IL 60618 /s/ Xxx Xxxxxxx Name: Xxx Xxxxxxx Address: 00 Xxx Xxxxxx Xxxxxxxxx, XX 00000 [SIGNATURE PAGE TO SHARE PURCHASE AGREEMENT] Schedule 1.5(a) Net Working Capital Methodology Assumptions used to Illustrate Net Working Capital Methodology: • Target Net Working Capital = $1,394,000 (Trailing 12-month average ended August 31, 2020).

  • Demonstrable experience of planning and undertaking effective collaboration with external partners.

  • The Estimated Closing Statement will be prepared in a manner consistent with (x) the definitions of the terms Net Working Capital, Closing Cash, Closing Indebtedness, and Closing Transaction Expenses, (y) the Net Working Capital Methodology, and (z) the Agreed Accounting Principles.


More Definitions of Net Working Capital Methodology

Net Working Capital Methodology means GAAP, applied in a manner consistent with the methodologies, practices, classifications, judgments, estimation techniques, assumptions and principles utilized by the Company in the preparation of the Interim Financials.
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Net Working Capital Methodology has the meaning set forth in the definition of Net Working Capital.
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Net Working Capital Methodology means the agreed methodologies, practices, classifications, judgments, estimation techniques, line items, specified accounts, assumptions and principles utilized for the purposes of calculating Net Working Capital set forth on Annex I of this Agreement and as reflected in the illustrative calculation of Net Working Capital set forth on Annex I of this Agreement. ​
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Net Working Capital Methodology means the accounting methodologies, principles, practices, policies, and procedures set forth on Exhibit A attached hereto.
Sample 1

Related to Net Working Capital Methodology

  • Target Net Working Capital means $0.

  • Adjusted Working Capital means the remainder of (a) the consolidated current assets of the Obligors minus the amount of cash and cash equivalents included in such consolidated current assets, minus (b) the consolidated current liabilities of the Obligors minus the amount of consolidated short-term Debt (including current maturities of long-term Debt) of the Obligors included in such consolidated current liabilities.

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

  • Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).

  • Net Working Capital Target means $0.00.

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Target Working Capital means $0.

  • Target Net Working Capital Amount means $5,000,000.

  • Estimated Working Capital has the meaning set forth in Section 2.3(a).

  • Consolidated Working Capital at any date, the excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date.

  • Closing Net Working Capital means the Net Working Capital as of the open of business on the Closing Date.

  • Base Working Capital means negative USD$250,000 in aggregate for the Target Entities.

  • Adjusted Consolidated Working Capital means, at any time, Consolidated Current Assets (but excluding therefrom all cash and Cash Equivalents) less Consolidated Current Liabilities at such time.

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • 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 Net Working Capital means the Net Working Capital as of the Closing Date.

  • Actual Working Capital has the meaning set forth in Section 2.7(a).

  • Working Capital Target means $0.

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

  • 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.

  • 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 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 Nineteen Million Dollars ($19,000,000).

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • 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.

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).