NWC Calculation definition

NWC Calculation means an amount equal to (a) the amount, if any, by which the Net Working Capital as finally determined pursuant to, and in accordance with, Section 3.4 exceeds the Working Capital Target, (b) expressed as a negative number, the amount, if any, by which the Working Capital Target exceeds the Net Working Capital as finally determined pursuant to, and in accordance with, Section 3.4, or (c) if Net Working Capital, as finally determined pursuant to, and in accordance with, Section 3.4, equals the Working Capital Target, zero.
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Examples of NWC Calculation in a sentence

  • Not more than forty-five (45) days after the Closing Date, Seller shall deliver to Buyer (i) the Closing Balance Sheet, and (ii) the Final NWC Calculation.

  • Except to the extent of reserves reflected in Net Working Capital, all of the Inventory is substantially of a quality and quantity usable and salable in the ordinary course of business of the Hospital to the extent reflected in the Interim NWC Calculation.

  • Not more than forty-five (45) days after the Closing Date, Seller shall deliver to Buyer (i) the Closing Balance Sheet, (ii) the Final NWC Calculation, and (iii) the Final Available Cash Calculation.

  • At least five (5) days prior to the Closing Date Seller shall deliver to Buyer (i) the Interim Balance Sheet, (ii) the Interim NWC Calculation, and (iii) the Interim Financing Obligations Calculation.

  • At least five (5) business days prior to the Closing Date Seller shall deliver to Buyer (i) the Interim Balance Sheet, (ii) the Interim NWC Calculation and (iii) the Interim Capital Lease Obligations Calculation.

  • Purchaser’s NWC Calculation and Purchaser’s Net Liabilities Calculation shall be prepared in accordance with GAAP, using the same accounting methods, principles and procedures that were used in the preparation of the Company Financial Statements.

  • Notwithstanding any provision in this Agreement to the contrary, no indemnity or other recovery may be sought nor shall be provided hereunder in respect of any Losses to the extent such Liability was included or should have been included in accordance with the Example NWC Calculation and the Accounting Principles as a current liability in the calculation of Net Working Capital, as adjusted, pursuant to Section 2(e).

  • At least ten (10) days prior to the Closing Date MedCath Party shall deliver to St. David’s (i) the MedCath Party Interim Balance Sheet, (ii) the Interim MedCath Party NWC Calculation, (iii) the Interim MedCath Party Debt Calculation, and (iv) the Interim MedCath Party Capital Expenditures Calculation.

  • Not more than forty-five (45) days after the Closing Date, Seller shall deliver to Buyer (i) the Closing Balance Sheet, (ii) the Final NWC Calculation and (iii) the Final Capital Lease Obligations Calculation.

  • The Preliminary NWC Calculation shall be prepared in accordance with GAAP applied consistently with respect to the accounting policies, practices and procedures used to prepare the Financial Statements and the Company’s Closing Balance Sheet and shall fairly and accurately present the Company’s good faith best estimate (based on reasonable assumptions) of the Net Working Capital Amount immediately prior to the consummation of the transactions contemplated hereby.