Working Capital Adjustment Escrow Amount definition

Working Capital Adjustment Escrow Amount means $750,000, which shall be deposited with the Escrow Agent and held for disbursement pursuant to the Escrow Agreement.
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Working Capital Adjustment Escrow Amount means an amount in cash equal to $500,000. [**] - Indicates certain information has been redacted and filed separately with the U.S. Securities and Exchange Commission. Confidential treatment has been requested with respect to the redacted portions.
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Working Capital Adjustment Escrow Amount means an amount equal to $1,000,000.
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Examples of Working Capital Adjustment Escrow Amount in a sentence

  • The Working Capital Adjustment Escrow Amount will be held in the Working Capital Adjustment Escrow Account until the final determination of the Final Merger Consideration and will be released in accordance with Section 1.14.

  • For the avoidance of doubt, the General Indemnity Escrow Amount will be in addition to the Working Capital Adjustment Escrow Amount.

  • Term Section Seller Threshold Amount 8.2(e) Straddle Period Tax Returns 6.6(b) Tax Contest 6.6(f) Transfer Taxes 6.6(e) Transferred Employees 6.7(a) Valuation Firm 2.6 Working Capital Adjustment Escrow Amount 2.4(b)(ii) Working Capital Adjustment Escrow Funds 2.5(b)(i) Section 1.3 Construction.

  • Each Indemnifying Party shall be deemed to have contributed his or her Escrow Pro Rata Portion of the Indemnity Escrow Amount and Net Working Capital Adjustment Escrow Amount to the Escrow Fund.

  • The Working Capital Adjustment Escrow Amount shall be held by the Escrow Agent solely for the purpose of providing a source of payment for any payment due and payable by Sellers to Purchaser pursuant to Section 3.3(g) of the Purchase Agreement, plus the amount of any unpaid fees owed by Sellers pursuant to Section 3.3(e) of the Purchase Agreement, and be released in accordance with Section 3.3(h) of the Purchase Agreement.

  • At the Closing, Purchaser shall pay the Closing Date Payment less (i) the Working Capital Adjustment Escrow Amount less (ii) the Indemnity Escrow Amount less (iii) the Indebtedness Payoff, by wire transfer of immediately available funds into the account(s) designated by Sellers.

  • In accordance with Article VII hereof, as promptly as practicable after the Effective Time, CS shall deposit (out of the Estimated Purchase Price) the Indemnity Escrow Amount and Net Working Capital Adjustment Escrow Amount into the applicable Escrow Fund, less the Carve-Out Escrow Amount, which the Company shall deposit into the applicable Escrow Fund in connection with the Closing.


More Definitions of Working Capital Adjustment Escrow Amount

Working Capital Adjustment Escrow Amount means an amount equal to $200,000.
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Working Capital Adjustment Escrow Amount shall have the meaning set forth in Section 1.3(b)(iii).
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Working Capital Adjustment Escrow Amount means $1,000,000 plus the amount of any Working Capital Overage or Working Capital Underage (which shall be treated as a positive amount).
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Related to Working Capital Adjustment Escrow Amount

  • Working Capital Adjustment Amount means the amount (which may be positive or negative) equal to the result of the Closing Net Working Capital minus the Target Working Capital Amount.

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

  • Working Capital Escrow Amount means $2,000,000.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Estimated Working Capital Adjustment shall have the meaning set forth in Section 2.2(b).

  • Adjustment Escrow Amount means $1,000,000.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Consolidated 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.

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Closing Cash means the amount of Cash determined as of the close of business on the Closing Date.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Closing Adjustment Amount shall have the meaning set forth in Section 2.3(b)(i)(A).

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Working Capital Amount shall have the meaning specified in Section 3.4(e).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Target Working Capital Amount means Nineteen Million Dollars ($19,000,000).

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Closing Cash Consideration has the meaning set forth in Section 2.6(a)(i).

  • Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.