NWC Adjustment means a positive or negative amount equal to the Net Working Capital minus the Target Net Working Capital.
NWC Adjustment means (i) the Net Working Capital as determined pursuant to Section 3.03, minus (ii) the Benchmark Net Working Capital. For the avoidance of doubt, the NWC Adjustment can be a negative number.
NWC Adjustment has the meaning set forth in Section 1.2(b)(i).
Examples of NWC Adjustment in a sentence
If the NWC Adjustment Amount is negative, the Purchase Price will be decreased by the NWC Adjustment Amount.
If the NWC Adjustment Amount is negative, the Merger Consideration will be decreased by the NWC Adjustment Amount.
If the NWC Adjustment Amount is positive, the Merger Consideration will be increased by the NWC Adjustment Amount.
The Independent Accountant, acting as an expert and not an arbitrator, shall resolve the Disputed Matters only and make any adjustments to the calculation of Net Working Capital of the Company, the NWC Adjustment, or Closing Net Debt, as applicable.
NO LIMITATION OF LIABILITY FOR DAMAGES FOR PERSONAL INJURY OR PROPERTY DAMAGE ARE PERMITTED OR AGREED TO BY TIPS.
More Definitions of NWC Adjustment
NWC Adjustment means (a) the amount by which Closing Net Working Capital is greater than the Target Net Working Capital or (b) the amount by which Closing Net Working Capital is less than the Target Net Working Capital; provided that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.
NWC Adjustment has the meaning specified in Section 3.3(c)(i).
NWC Adjustment means the SEK amount corresponding to the difference (positive or negative) between Net Working Capital on the Closing Date and the Target Net Working Capital.
NWC Adjustment has the meaning set forth in Section 1.3(a).
NWC Adjustment has the meaning given to it in Section 2.6.1;
NWC Adjustment means (x) the Net Working Capital as of the Effective Time as determined pursuant to Section 2.05, minus (y) the Benchmark Net Working Capital. For the avoidance of doubt, any or all of the Net Working Capital and the NWC Adjustment may be negative numbers.
NWC Adjustment means an amount equal to the difference between the Estimated Working Capital and the Target Working Capital, which shall (i) increase the Initial Purchase Price, on a dollar-for-dollar basis, by the amount that the Estimated Working Capital exceeds the Target Working Capital or (ii) decrease the Initial Purchase Price, on a dollar-for-dollar basis, by the amount that the Estimated Working Capital is less than the Target Working Capital, as the case may be.