Examples of Pre-Closing Working Capital in a sentence
Seller and Buyer each shall bear its own expenses in the preparation and review of the Pre-Closing Working Capital Statement.
This is discussed in greater detail in Paragraphs 86- 88 below.The monitoring team remains committed to continuing its technical assistance to help guide APD toward success, but that guidance is without meaning if APD does not own the responsibilities themselves.
Flamingo and Flamingo Buyer each shall bear its own expenses in the preparation and review of the Pre-Closing Working Capital Statement.
The Pre-Closing Working Capital Statement will contain a good faith estimate, set forth in reasonable detail, of the amount of Working Capital of the business conducted at the Property as of the Closing Date (the “Pre-Closing Working Capital”).
The Employers will contribute the following amounts and in accordance with Attachment A-1 (Albertsons/Safeway) and Attachment A-2 (Kroger) to the parties’ Health & Welfare and Pension Agreement: UFCW Local No. 21 - Meat (King and Kitsap Counties) May 5, 2019 – May 7, 2022 Kroger (Xxxx Xxxxx and QFC): Meat Cutters & Wrappers Service Counter Base $0.45 $0.225 Past Rehab Incr.
At least five (5) business days prior to the Closing Date, Flamingo shall deliver to Flamingo Buyer a statement of Working Capital substantially in the form of the Detailed Balance Sheet (the Pre-Closing Working Capital Statement).
If the Parent delivers the Notice of Objection to the Company within the Review Period, the Parent and the Company shall, during the two (2) days following such delivery or any mutually agreed extension thereof, use their commercially reasonable efforts in good faith to reach agreement on the disputed items and amounts in order to determine the amount of Pre-Closing Working Capital.
The Pre-Closing Balance Sheet and Pre-Closing Working Capital Statement shall be prepared on a basis consistent with the accounting policies, practices, procedures and principles used in preparing the Balance Sheet (as defined in Section 4.3), subject to the exceptions set forth on Section 2.3 of the Seller Disclosure Letter (collectively, the “Accounting Procedures”).
Seller and Buyer each shall bear its own expenses in the preparation and review of the Pre-Closing Balance Sheet and Pre-Closing Working Capital Statement.
In the event that the Estimated Net Working Capital set forth on the Pre-Closing Working Capital Schedule is less than the Net Working Capital Target, then, in accordance with Section 2.2, the Seller Cash Purchase Price shall be reduced by the amount by which the Estimated Net Working Capital reflected on the Pre-Closing Working Capital Schedule is less than the Net Working Capital Target (the “Estimated Net Working Capital Refund”).