Post-Closing Working Capital Adjustment definition

Post-Closing Working Capital Adjustment has the meaning specified in Section 2.6(a)(i);
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Post-Closing Working Capital Adjustment means the amount of Working Capital set forth in the Final Working Capital Statement less the amount of Working Capital set forth in the Statement of Estimated Closing Working Capital.
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Post-Closing Working Capital Adjustment has the meaning set forth in Section 2.07(b).
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Examples of Post-Closing Working Capital Adjustment in a sentence

  • If the Equity Holders’ Representative does not deliver an Objection Notice within sixty (60) days following receipt of the Closing Balance Sheet, the Equity Holders’ Representative shall be deemed to have accepted the Closing Balance Sheet for the purposes of determining the Closing Working Capital and any Post-Closing Working Capital Adjustment under Section 3.02.

  • If the Post-Closing Working Capital Adjustment shall have been finally determined prior to the expiration of the Collection Period, at the election of the Buyer, Equity Holders’ Representative shall pay the amount of the shortfall to the Buyer within five (5) Business Days following demand by the Buyer from the Escrow Deposit.

  • In addition, it is possible that payments may be made under the Share Exchange Agreement and the Tax Matters Agreement pursuant to indemnification and tax sharing provisions of those agreements (the “Indemnity Payments” and, together with payments made pursuant to the Post-Closing Working Capital Adjustment, the “Adjustment Payments”).

  • Experience with similar types of projects within the local government arena.

  • The Seller Cash Purchase Price shall be subject to the Post-Closing Working Capital Adjustment as provided for in Section 2.5.


More Definitions of Post-Closing Working Capital Adjustment

Post-Closing Working Capital Adjustment has the meaning set forth in Section 2.3(b)(i).
Sample 1
Post-Closing Working Capital Adjustment shall be an amount equal to (i) the Closing Working Capital minus the Estimated Closing Working Capital if Closing Working Capital is $300,000 more than the Estimated Closing Working Capital (and such amount shall be limited only to the amount by which the difference between Closing Working Capital and Estimated Closing Working Capital exceeds $300,000); or
Sample 1
Post-Closing Working Capital Adjustment shall be an amount equal to the Actual Closing Working Capital minus the Estimated Closing Working Capital. If the Post-Closing Working Capital Adjustment is a positive number, Buyer shall pay to Seller an amount equal to the Post-Closing Working Capital Adjustment. If the Post-Closing Working Capital Adjustment is a negative number, Seller shall pay to Buyer an amount equal to the Post-Closing Working Capital Adjustment.
Sample 1
Post-Closing Working Capital Adjustment means (i) the amount by which Closing Working Capital exceeds $32,590,000.00 or (ii) the amount by which $32,590,000.00 exceeds Closing Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (ii) above shall be deemed to be a negative number.
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Post-Closing Working Capital Adjustment means the positive or negative amount, in Canadian dollars, obtained by subtracting the Working Capital Target from the value of the Working Capital as at the Closing Date.
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Post-Closing Working Capital Adjustment has the meaning set forth in Section 2.06(b)(ii). “Pro Rata Share” means, with respect to any Seller, such Seller’s ownership interest in the Company Parent immediately prior to the Effective Time determined by dividing (a) the number of Shares owned of record by such Seller immediately prior to the Effective Time, by (b) the total number of Shares issued and outstanding immediately prior to the Effective Time.
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Post-Closing Working Capital Adjustment has the meaning set forth in Section 2.03(b)(ii) of this Agreement.
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