Revised Net Working Capital definition

Revised Net Working Capital means the Net Working Capital, as determined by Buyer and delivered to Seller, pursuant to Section 3.5.2(a).
Revised Net Working Capital is defined in Section 2.5(b).
Revised Net Working Capital has the meaning set forth in Section 1.3(b).

Examples of Revised Net Working Capital in a sentence

  • Seller shall cooperate as reasonably requested by Buyer in connection with the determination of the Revised Net Working Capital and Revised Derivative Adjustment.

  • The Parties shall in good faith attempt to resolve all disputes related to the Revised Closing Balance Sheet and Revised Net Working Capital Statement, in which event the Revised Closing Balance Sheet and the Revised Net Working Capital Statement, as amended to the extent necessary to reflect the resolution of the disputes, shall be conclusive and binding on the Parties.

  • If the Company delivers a Revised Net Working Capital Objection Notice within the specified time, authorized representatives of Parent and the Company shall promptly negotiate in good faith to resolve such objections.

  • To the extent not in possession of the Company, Xxxxxxxx shall provide Purchaser and its representatives and accountants full access to all relevant books and records and to employees of Xxxxxxxx to the extent necessary for Purchaser to review the Revised Closing Balance Sheet and the Revised Net Working Capital Statement and in connection with any dispute with respect to the Revised Closing Balance Sheet and the Revised Net Working Capital Statement.

  • If the Company shall fail to promptly repay the Revised Net Working Capital Adjustment Amount, in addition to any other remedies Buyer may have, Buyer may offset the amount of the Revised Net Working Capital Adjustment Amount against the principal amount of the Note or against any Royalty Payments that may become payable.

  • If Parent and the Company are unable to reach an agreement with respect to the objections within 30 calendar days after delivery of such Revised Net Working Capital Objection Notice, Parent shall engage an accounting firm of recognized national standing reasonably acceptable to the Company to review the Revised Net Working Capital Calculation and resolve the objections.

  • After the local community domain server collects all the required households’ power usage data, it checks whether there is a need to reschedule the load or not.

  • Within ninety (90) days after the Closing Date, Buyer (a) shall determine the Revised Net Working Capital in accordance with GAAP applied in a manner consistent with the Accounting Methodology and shall provide Seller with written notice of such determination, and (b) shall determine the Revised Derivative Adjustment in accordance with the Derivative Computation Methodology and shall provide Seller with written notice of such determination.

  • If there is a timely Revised Net Working Capital Objection Notice, the Revised Net Working Capital Calculation as revised, if applicable, by the agreement of Parent and the Company or by the Accountant, shall be the binding and final determination of Revised Net Working Capital.

  • The Revised Net Working Capital Calculation shall be binding and final unless within 30 calendar days after delivery of the Revised Net Working Capital Calculation to the Company, the Company delivers to Parent written objection to the Net Working Capital Calculation (a “Revised Net Working Capital Objection Notice”).

Related to Revised Net Working Capital

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).

  • Target Net Working Capital means $0.

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • Target Working Capital means $0.

  • Closing Net Working Capital means the Net Working Capital as of the open of business on the Closing Date.

  • Adjusted Working Capital means the remainder of (a) the consolidated current assets of the Obligors minus the amount of cash and cash equivalents included in such consolidated current assets, minus (b) the consolidated current liabilities of the Obligors minus the amount of consolidated short-term Debt (including current maturities of long-term Debt) of the Obligors included in such consolidated current liabilities.

  • Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.

  • Base Working Capital means negative USD$250,000 in aggregate for the Target Entities.

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Consolidated Working Capital at any date, the excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date.

  • Working Capital means, on any date, Current Assets less Current Liabilities.

  • Target Net Working Capital Amount means $5,000,000.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Estimated Working Capital has the meaning set forth in Section 2.3(a).

  • Actual Working Capital has the meaning set forth in Section 2.7(a).

  • Net Working Capital Target means $0.00.

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Final Working Capital has the meaning set forth in Section 2.4(b)(iii).

  • Target Working Capital Amount means Nineteen Million Dollars ($19,000,000).

  • Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).