Notice of Working Capital Disagreement definition

Notice of Working Capital Disagreement shall have the meaning set forth in Section 4.3(d) of the Asset Transfer and Contribution Agreement.
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Notice of Working Capital Disagreement shall have the meaning given to it in Section 4.1(a).
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Notice of Working Capital Disagreement has the meaning set forth in Section 2.3(b).
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Examples of Notice of Working Capital Disagreement in a sentence

  • The Notice of Working Capital Disagreement shall set forth in reasonable detail the basis for such dispute, the amounts involved and the Seller’s determination of the amount of the Working Capital of the Company as of the close of business on the day immediately preceding the Closing Date.

  • If a Notice of Working Capital Disagreement is given to the Buyer prior to the expiration of the Proposed Statement Review Period, then the Negotiation Procedures shall apply and the Seller and the Buyer shall attempt, in good faith pursuant to the Negotiation Procedures, to resolve any differences that they may have with respect to the matters specified in the Notice of Working Capital Disagreement.

  • With respect to each disputed line item, such determination, if not in accordance with the position of either the Seller or the Buyer, shall not be in excess of the higher, nor less than the lower, of the amounts advocated by the Seller in the Notice of Working Capital Disagreement or by the Buyer in the Proposed Statement of Working Capital with respect to such disputed line item.

  • Within thirty (30) days after the submission of matters in dispute to the Accounting Arbitrator, or as soon as practicable thereafter, the Accounting Arbitrator shall make a final determination, binding on the Parties to this Agreement, of the appropriate amount of each of the line items in the Proposed Statement of Working Capital as to which the Seller and the Buyer disagree as set out in the Notice of Working Capital Disagreement.

  • If no Notice of Working Capital Disagreement is given to the Buyer prior to the expiration of the Proposed Statement Review Period, then the Proposed Statement of Working Capital shall be deemed to have been accepted by the Seller and shall become final, binding and conclusive upon the Parties.

Related to Notice of Working Capital Disagreement

  • Notice of Disagreement has the meaning set forth in Section 2.3(c).

  • Disagreement Notice has the meaning specified in Section 2.04(c).

  • Dispute Notice has the meaning set forth in Section 2.7(b).

  • Disagreement means a difference of opinion between personnel of a reporting issuer responsible for finalizing the reporting issuer’s financial statements and the personnel of a predecessor auditor responsible for authorizing the issuance of audit reports on the reporting issuer’s financial statements or authorizing the communication of the results of the auditor’s review of the reporting issuer’s interim financial report, if the difference of opinion

  • Mediation Notice is defined in Section 6.2(b).

  • Billing Dispute Notice means a formal, written notice submitted to Metacom by the Customer in terms of this Procedure.

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;

  • Final Working Capital Statement has the meaning set forth in Section 2.04.

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Escalation Notice has the meaning set forth in Section 8.02.

  • Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).

  • Base Working Capital means $25,000,000.

  • Disputed Amount means an amount which Customer disputes. A Disputed Amount may relate to the whole or part of an invoice(s).

  • Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).

  • Notice of Dispute has the meaning provided in Section 2.1(f)(iii) of this Commercial Shared-Loss Agreement.

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Rectification Notice means a notice in writing that identifies a defect in a work and requires rectification of the defect within a specified period of time.

  • Determination Notice is defined in Section 6.1(b)(i) of the Agreement.

  • Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

  • Step-Out Notice has the meaning given to it in Section 8.1.

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the open of business on the Closing Date.

  • Final Working Capital has the meaning set forth in Section 2.04(b).