Targeted Working Capital definition

Targeted Working Capital means an amount equal to negative Five Hundred Thirteen Thousand Dollars (-$513,000).
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Targeted Working Capital means $ [***].
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Targeted Working Capital means $85 million.
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Examples of Targeted Working Capital in a sentence

  • If the Working Capital reflected on the Preliminary Statement exceeds the Targeted Working Capital, the amount of the Closing Purchase Price shall be increased dollar-for-dollar by the amount of such excess, and if the Working Capital reflected on the Preliminary Statement is less than the Targeted Working Capital, the amount of the Closing Purchase Price shall be decreased dollar-for-dollar by such shortfall.

  • No adjustment shall be made on the Closing Date for any excess of Estimated Working Capital over Targeted Working Capital.

  • If the Estimated Working Capital exceeds the amount of the Targeted Working Capital Requirement, the Purchase Price shall be increased by one dollar for every dollar by which the Estimated Working Capital exceeds such Targeted Working Capital Requirement (the “Estimated Working Capital Excess Amount”).

  • The Targeted Working Capital balance of $4,845K will be used to stabilize assessments in future years.

  • If the Estimated Working Capital is greater or less than the Targeted Working Capital, the cash payable to Seller on the Closing Date shall be increased or reduced dollar-for-dollar by the amount of the excess or shortfall (the “Closing Date Adjustment Amount”), without affecting the Total Purchase Price payable pursuant to the Post-Closing Adjustment pursuant to Section 1.5(c).


More Definitions of Targeted Working Capital

Targeted Working Capital. Section 2.06(a) “Termination Date” Section 6.04(b) “Third Party Claim” Section 9.06(a)
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Targeted Working Capital means $5 million.
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Targeted Working Capital means $194.2 million of positive Working Capital (adjusted as required in this section), which reflects the good faith estimate by the Parties of the amount of positive Working Capital expected to be reflected on the Opening Embarq Balance Sheet. If the Distribution Date is before May 31, 2006 then the Targeted Working Capital will be decreased by $0.825 million for each calendar day starting with the day following the Distribution Date and through May 31, 2006, but not to exceed a maximum of 16 calendar days, (e.g. if the Distribution Date is May 15, 2006, then Targeted Working Capital would be decreased $13.2 million to $181.0 million). If the Distribution Date is after May 31, 2006 then the Targeted Working Capital will be increased by $0.825 million for each calendar day after May 31, 2006 and through the Distribution Date.
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Targeted Working Capital shall have the meaning given to it in Section 3.1.1.
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Targeted Working Capital means the target amount of working capital to be retained by Company LP following the Closing, which is $5,000,000 and which has already been taken into account in the Initial Offer Consideration. QuickLinks
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Targeted Working Capital means $75,758,000.
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Targeted Working Capital means, with respect to each Facility, the amount set forth on Schedule 8.2 for such Facility.
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