Upper Working Capital Collar definition
Upper Working Capital Collar means an amount equal to the Target Working Capital plus an amount equal to 10% of the absolute value of the Target Working Capital.
Upper Working Capital Collar has the meaning set forth on Schedule 11(d).
Upper Working Capital Collar has the meaning set forth on Schedule 1.1(b).
Examples of Upper Working Capital Collar in a sentence
For the avoidance of doubt, if HD Supply’s good-faith estimate of the Closing Working Capital is that the Closing Working Capital is equal to an amount that is not less than the Lower Working Capital Collar Amount and is also not greater than the Upper Working Capital Collar Amount, then the Estimated Adjustment Amount will be zero.
More Definitions of Upper Working Capital Collar
Upper Working Capital Collar means [***].
Upper Working Capital Collar means $(70,000,000), which, for the avoidance of doubt, represents a negative number.
Upper Working Capital Collar means $10,000,000 if Closing occurs on or prior to February 29, 2012 and $8,000,000 if Closing occurs after February 29, 2012.
Upper Working Capital Collar means negative $217,447,260.34.
Upper Working Capital Collar mean $4,500,000.