Target OWC definition
Examples of Target OWC in a sentence
In the event that the Final OWC is equal to the Minimum Target OWC, there shall be no adjustment to the Base Purchase Price (without giving effect to the Adjustment Amount).
In the event that the Estimated OWC is equal to the Minimum Target OWC, there shall be no adjustment to the Base Purchase Price at Closing.
There shall be no adjustment to the Base Purchase Price in respect of any amount by which the Estimated OWC exceeds the Maximum Target OWC.
In the event that the Estimated OWC is less than the Minimum Target OWC, then the Base Purchase Price shall be decreased at Closing on a dollar-for-dollar basis by an amount equal to the difference between the Minimum Target OWC and the Estimated OWC.
In the event that the Final OWC is less than the Minimum Target OWC, then the Base Purchase Price (without giving effect to the Adjustment Amount) shall be decreased on a dollar-for-dollar basis by an amount equal to the difference between the Minimum Target OWC and the Final OWC.
There shall be no adjustment to the Base Purchase Price in respect of any amount by which the Final OWC exceeds the Maximum Target OWC.