Working Capital Adjustment definition

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

Working Capital Adjustment has the meaning set forth in Section 2.4(a).

Working Capital Adjustment means the amount, if any, by which the Working Capital Amount is greater than the Upper Working Capital Collar or less than the Lower Working Capital Collar. For the avoidance of doubt, the Working Capital Adjustment may be a positive or negative number,

Examples of Working Capital Adjustment in a sentence

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

• However, what ultimately turned out is a payment of a lesser value, namely INR 39,500 crores as upfront, INR 2,500 crores being added as an eyewash towards Guaranteed Working Capital Adjustment.

• 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.

• Subject to the Company Reserves and any write-down of any Accounts Receivable in connection with the Working Capital Adjustment in Section 3.4, there is no contest, claim, counterclaim, defense or right of set-off under any Contract or otherwise with any obligor of any Account Receivable relating to the amount or validity of such Account Receivable.

• Notwithstanding anything herein to the contrary, if a payment is due from Seller to Purchaser on account of the Working Capital Adjustment and the Net Book Value of Assets and Liabilities Adjustment, Seller shall only be obligated to pay the greater of the two adjustment amounts to Purchaser.

More Definitions of Working Capital Adjustment

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

Working Capital Adjustment means an amount (which can be a positive or negative number) equal to Closing Date Working Capital minus Target Working Capital.

Working Capital Adjustment is defined in Section 2.9(a).

Working Capital Adjustment means an amount equal to the difference (which may be positive or negative) between the Net Working Capital and the Estimated Net Working Capital.

Working Capital Adjustment shall have the meaning set forth in Section 1.13(a).

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.

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