Working Capital Deficiency definition

Working Capital Deficiency means the amount by which the Working Capital Target exceeds the Working Capital.

Working Capital Deficiency shall have the meaning set forth in Section 3.2(D).

Working Capital Deficiency has the meaning set forth in Section 1.7(a)(i).

Examples of Working Capital Deficiency in a sentence

• The aggregate purchase price for the Membership Interests shall be $1,000,000,001 (the “Base Purchase Price”), minus (i) Closing Indebtedness, minus (ii) Company Transaction Costs, minus (iii) the Closing Net Working Capital Deficiency, if any, plus (iv) Closing Cash (the “Purchase Price”).

• If the Estimated Net Working Capital is greater than Thirty Five Million Dollars ($35,000,000), such excess amount shall be the “Estimated Net Working Capital Excess Amount.” If the Estimated Net Working Capital is less than Thirty Million Dollars ($30,000,000), the difference shall be the “Estimated Net Working Capital Deficiency Amount.” All such estimates prepared pursuant to this Section 2.8(a) shall be prepared in accordance with the Accounting Principles to the extent applicable.

• If the Representative fails to deliver the Statement of Objections before the expiration of the Review Period, then Closing Indebtedness, Closing Cash, the Closing Net Working Capital Deficiency (if any) and the Closing Company Transaction Costs, in each case as set forth in the Final Closing Statement, shall be deemed final and conclusive and shall be deemed to be “Final Indebtedness,” “Final Cash”, “Final Net Working Capital Deficiency,” and “Final Company Transaction Costs,” respectively.

• Working Capital Deficiency As at the date of this Offering Memorandum, the Trust and the Partnership do not have a working capital deficiency.

• The Representative and Buyer shall request that the Referee only determine the disputed portions of Final Indebtedness, Final Cash, Final Net Working Capital Deficiency and Final Company Transaction Costs within thirty (30) days after the objections thatremain in dispute are submitted to it.

More Definitions of Working Capital Deficiency

Working Capital Deficiency means the absolute value of the amount by which Closing Date Working Capital is less than Base Working Capital, if at all.

Working Capital Deficiency means the amount, if any, by which (a) the sum of the Closing Working Capital, as set forth on the Closing Date Statement, as modified as a result of the resolution of any disputed items determined pursuant to Section 3.2(b)(ii) plus the “Closing Working Capital” determined under the Strawberry Shortcake Transaction Agreement, is less than (b) the Estimated Working Capital.

Working Capital Deficiency means the amount, if any, by which the Net Working Capital is less than $500,000.

Working Capital Deficiency has the meaning ascribed to it in Section 2.4(f)(iv).

Working Capital Deficiency means the absolute value of the amount, if any, by which (i) the Closing Working Capital, as finally determined pursuant to Section 2.2, is less than (ii) the Target Working Capital Amount.

Working Capital Deficiency means any amount which the Closing Working Capital, as determined pursuant to Section 2.3, is less than US$ 250,000.

Working Capital Deficiency has the meaning specified in Section 5.10(c).