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 Seller’s budget for the Facility.
The calculation of the Target Net Working Capital Amount will be (I) determined in accordance with the guidelines set forth on Section B-1 of the Disclosure Schedule and in accordance with the Agreed Financial Methodology and (II) subject to reasonable verification by the Buyer within thirty (30) days of delivery of such calculation.
To the extent that the calculation of the Net Working Capital corrects an error or inconsistency or noncompliance with an accounting procedure that was used in the calculation of the Target Net Working Capital Amount, then the Target Net Working Capital Amount shall be reduced or increased as a result of such error, inconsistency or noncompliance, as appropriate, to correct such error, inconsistency or noncompliance.
The Aggregate Laredo Target Net Working Capital Amount and Aggregate Tapestry Target Net Working Capital Amount, as applicable, is reasonable for the operation of the applicable Facility(ies) and is consistent in all material respects with Seller’s budget for the applicable Facility(ies).
The Seller’s estimate exceeded the Target Net Working Capital Amount and suggested a payment from the Buyer to the Seller of approximately $428 million.After closing, the Buyer was obligated to provide the Seller with a “Closing Statement” setting forth the Buyer’s “good faith calculations” of the “Closing Date Purchase Price.” PA § 1.4(b).