Definition of Positive Working Capital Adjustment Amount


Positive Working Capital Adjustment Amount means the amount, if any, by which the Working Capital as of the Measurement Date exceeds the Normalized Working Capital Amount.

Examples of Positive Working Capital Adjustment Amount in a sentence

POST-COMPLETION PAYMENTS 3A.1 The Parties agree to the following post-Completion Payments: 3A.1.1 Within five (5) Business Days following the date on which the Final Completion Date Working Capital Amount (as defined below) is determined pursuant to this Clause 3A.1.1, the Purchaser shall pay to the Vendor the Positive Working Capital Adjustment Amount or the Vendor shall pay to the Purchaser the Negative Working Capital Adjustment Amount (the "WORKING CAPITAL PAYMENT").