Definition of Target Net Working Capital Amount


Target Net Working Capital Amount means $1,587,677.


Target Net Working Capital Amount means a dollar amount equal to (x) the revenue of the Company and its Subsidiaries (determined in accordance with the Accounting Principles and pro forma for the acquisitions completed by the Company in 2015 and 2016, if any) for the 12-month period ended the last day of the calendar month immediately prior to the month in which the Closing Date occurs, multiplied by (y) 8.4%; provided, that if the Closing Date is within the first seven (7) days of a calendar month, then the applicable period in clause (x) shall be the 12 month period ended the last day of the penultimate calendar month prior to the month in which the Closing Date occurs.

Target Net Working Capital Amount means $[...***...].

Examples of Target Net Working Capital Amount in a sentence

The Aggregate Target Net Working Capital Amount is reasonable for the operation of the Facility and is consistent in all material respects with Sellers budget for the Facility.
If the amount of the (i) Net Working Capital set forth on the Conclusive Net Working Capital Statement exceeds the Target Net Working Capital Amount, and/or (ii) the amount of Transferred Cash exceeds the Initial Transferred Cash Amount, Buyer will pay Sellers the amount of the respective excess.
To the extent that the Estimated Net Working Capital Amount set forth on the Estimated Net Working Capital Statement exceeds negative $4,675,000 (the Target Net Working Capital Amount), the purchase price payable at the Closing set forth in Section 1.2 will be increased on a dollar-for-dollar basis by the amount of the excess.
If the (iii) Target Net Working Capital Amount exceeds the amount of the Net Working Capital set forth on the Conclusive Net Working Capital Statement, and/or (iv) the Initial Transferred Cash Amount exceeds the Transferred Cash, Sellers will pay Buyer the amount of the respective excess.
Section 2(g) of the Stock Purchase Agreement, entitled "Post-Closing Purchase Price Adjustment" is hereby amended by deleting the phrase "Net Working Capital of Imperial as disclosed on the Preliminary Statement of Net Working Capital" throughout Section 2(g) and substituting therefor the phrase "Target Net Working Capital Amount" in its place and stead.



More definitions of Target Net Working Capital Amount

Target Net Working Capital Amount means zero dollars and cents.


Target Net Working Capital Amount means NZ$23,200,000.

Target Net Working Capital Amount means Nine Million Dollars ($9,000,000);

Target Net Working Capital Amount means $6,700,000.