Normalised Working Capital definition
Examples of Normalised Working Capital in a sentence
If Working Capital on the Closing Date is neither more than EUR 250,000 greater than Normalised Working Capital nor more than EUR 250,000 less than Normalised Working Capital, the "Actual Working Capital Increase" and the "Actual Working Capital Decrease" shall be EUR 0 (nil).
If Working Capital on the Closing Date is more than EUR 250,000 greater than Normalised Working Capital, the "Actual Working Capital Increase" shall be the amount by which Working Capital on the Closing Date is more than EUR 250,000 greater than Normalised Working Capital and the Actual Working Capital Decrease shall be EUR 0 (nil).
The information set out in the Normalised Working Capital Statement is in all material respects fairly and reasonably stated based on information extracted in good faith from the accounting records of the Group and prepared in accordance with the principal policies set out in part 6 of schedule 8.
If Working Capital on the Closing Date is more than EUR 250,000 less than Normalised Working Capital, the "Actual Working Capital Decrease" shall be the amount by which Working Capital on the Closing Date is more than EUR 250,000 less than Normalised Working Capital and the Actual Working Capital Increase shall be EUR 0 (nil).