Working Capital Adjustment definition

Working Capital Adjustment has the meaning set forth in Section 2.15(b).

Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).

Working Capital Adjustment has the meaning set forth in Section 2.05.

Examples of Working Capital Adjustment in a sentence

• Promptly after the end of each month, Xxxx shall determine the Monthly Working Capital Adjustment.

• For the avoidance of doubt, the Working Capital Adjustment Statement and the amounts reflected thereon shall be deemed to be modified to the extent of any changes thereto that become final, binding and conclusive on the Parties based on mutual agreement or a determination of the Independent Accounting Firm in accordance with this Section 1.03(b).

• The cash portion of the Purchase Price (the “Cash Consideration”) shall be an amount equal to Sixty Seven Million Five Hundred Thousand Dollars ($67,500,000.00) plus or minus the Net Working Capital Adjustment Amount.

• All Inventory is in good and merchantable quality and is useable and saleable in the ordinary course of business, except for those items the value of which (i) has been reduced in accordance with GAAP and the Company's inventory policies, attached hereto as Schedule 1.1(a), consistently applied by Sellers or (ii) is or will be reduced in connection with the Working Capital Adjustment in Section 3.4.

• To the extent that Buyer pays such unpaid amounts, Sellers shall promptly reimburse Buyer for the cost of such payments; provided, however, Sellers shall not be obligated to reimburse Buyer for any such amounts included in Accounts Payable for purposes of the Working Capital Adjustment.

More Definitions of Working Capital Adjustment

Working Capital Adjustment means the amount, if any, by which the Target Working Capital differs from the Closing Working Capital, which amount will either be a positive number (if the Closing Working Capital exceeds the Target Working Capital) or a negative number (if the Closing Working Capital is less than the Target Working Capital).

Working Capital Adjustment has the meaning ascribed to such term in Section 2.3(b).

Working Capital Adjustment shall be an amount equal to: (i) in the event the Closing Working Capital is less than seventy-five percent (75%) of the Target Working Capital, the amount by which the Closing Working Capital is less than the Target Working Capital; (ii) in the event the Closing Working Capital is greater than one hundred twenty-five percent (125%) of the Target Working Capital, the amount by which the Closing Working Capital is greater than the Target Working Capital; or (iii) in the event the Closing Working Capital is within seventy-five percent (75%) and one hundred twenty-five percent (125%) of Target Working Capital, zero Dollars ($0.00).

Working Capital Adjustment means the amount, if any, by which the Working Capital Value is less than 95% or greater than 105% of the Target Working Capital Value;

Working Capital Adjustment means the amount by which the Working Capital exceeds the Target Working Capital (which amount shall be added to the Purchase Price for the purposes of Clause 3.1), or the amount by which the Working Capital is less than the Target Working Capital (which amount shall be deducted from the Purchase Price for the purposes of Clause 3.1).

Working Capital Adjustment means the adjustment described in Clause 3.2.

Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.