Working Capital Adjustment Date definition

Working Capital Adjustment Date has the meaning set forth in Subsection 3.2(d).
Working Capital Adjustment Date shall be the date that is three (3) Business Days after (i) the date Buyer agrees in writing or is deemed under clause (c) above to agree to the Closing Balance Sheet, the Closing Regional Balance Sheet and Working Capital calculation, whichever is earlier or (ii) if Buyer issues an Objection Notice in accordance with the foregoing, the date the Parties agree to the Closing Balance Sheet, the Closing Regional Balance Sheet and the calculation of Working Capital or the date the Closing Balance Sheet, the Closing Regional Balance Sheet and Working Capital calculation are finally determined by arbitration as contemplated by this Section, whichever is earlier.
Working Capital Adjustment Date means the earlier of the Closing Date and June 30, 2004; and

Examples of Working Capital Adjustment Date in a sentence

  • The Parties shall make, without duplication, and provided that such adjustments are not already provided for on the Closing Balance Sheet and the Closing Regional Balance Sheet, the usual adjustments relating to the sale of the Purchased Assets as of the Closing Time and such adjustments shall be readjusted, if necessary, on the Working Capital Adjustment Date.

  • It was suggested extra signage was needed at the start of the permissive path to advise walkers that there was no route through to the canal.

  • The adjusted cost base to the Corporation of the shares as at December 31, 2006 of US Opco for purposes of the ITA is Cdn$3,986,932 (US$3,364,500) which amount shall be updated prior to the Working Capital Adjustment Date.

  • As of the Working Capital Adjustment Date: (i) the Borrowers' Availability tested as of the Amendment Date after giving effect to the acquisition of Xxxxxxx and any Revolving Loans made on the Amendment Date, PLUS (ii) the Working Capital Reserve, MINUS (iii) the Working Capital Adjustment Payment, shall be equal to an amount not less than $4,000,000.

  • C40 provides purchasing assistance to local governments and business opportunities to companies Purchasing consortium✓ C40 is an intercity network with the 40 largecities in the world including Tokyo, Hong Kong,C40 CitiesClinton Climate InitiativeRenewableenergyFinancialinstitutionsConstructionConsultingBangkok, Jakarta, and Beijing.

  • Each of the Closing Date Balance Sheet, the Net Operating Cash Statement, the Net Purchased Working Capital Statement and the Working Capital Adjustment Date Balance Sheet will, upon completion, be true and correct in all material respects and will be prepared in accordance with Canadian GAAP.

  • On the Working Capital Adjustment Date, the Buyer shall loan to the Stockholder the principal amount of $250,000 pursuant to a non-recourse promissory note bearing interest at 8% per year, with all principal and interest due and payable on the second anniversary of the Closing Date, and secured by shares of the Parent’s common stock received by the Stockholder pursuant to Section 2.1(a)(i) with a value equal to $250,000 based on the Closing Stock Price (the “Collateral Shares”).

  • On the tenth day of the first month that begins at least sixty (60) days after a Scheduled Closing, on the tenth day of every other month thereafter until the Working Capital Adjustment Date, and on the tenth day following the Working Capital Adjustment Date, Buyer shall submit a report to Seller as of the nearest month- end specifying in reasonable detail its calculation of the Collection Fee Base for the period covered by such report.

  • A bill to ensure that every Amer- ican has a health insurance plan that they can afford, own, and keep; to the Committee on Finance.

  • The Vendor will provide the Purchaser's auditors with such cooperation and supporting working papers as they may reasonably require to enable them to review the Working Capital Adjustment Date Balance Sheet and the Net Purchased Working Capital Statement.


More Definitions of Working Capital Adjustment Date

Working Capital Adjustment Date means the day on which the Working Capital Adjustment Payment is made pursuant to the terms of the Xxxxxxx Transaction.
Working Capital Adjustment Date shall be the date that is three (3) Business Days after (i) the date Buyer agrees in writing or is deemed under clause (c) above to agree to the Closing Balance Sheet, the Closing Regional Balance Sheet, the BC Sub Balance Sheets and Working Capital calculation, whichever is earlier or (ii) if Buyer issues an Objection Notice in accordance with the foregoing, the date the Parties agree to the Closing Balance Sheet, the Closing Regional Balance Sheet, the BC Sub Balance Sheets and the calculation of Working Capital or the date the Closing Balance Sheet, the Closing Regional Balance Sheet, the BC Sub Balance Sheets and Working Capital calculation are finally determined by arbitration as contemplated by this subsection, whichever is earlier.
Working Capital Adjustment Date means the last day of the calendar month immediately preceding the calendar month in which the Closing occurs; provided, however, that if the Closing occurs on the last day of a calendar month, then the Working Capital Adjustment Date shall be the Closing Date.

Related to Working Capital Adjustment Date