Working Capital Deficiency definition

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

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

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.

Examples of Working Capital Deficiency in a sentence

If there is a Working Capital Deficiency Amount, Buyer shall cancel the specified number of escrowed Buyer Shares and issue a new original stock certificate for the remaining Buyer Shares (if any) at a per share price equal to the Issuance Price to be held for the purpose of securing any potential indemnification obligations of Seller and the Company referenced in Article VI.
The Base Consideration shall be reduced by the Final Working Capital Deficiency, if any, or increased by the Final Working Capital Surplus, if any.
If and to the extent that the Escrow Agent shall not be holding enough funds in the Escrow Account, the Seller shall return to the Purchaser the amount of any remaining Working Capital Deficiency.
The Escrow Agent shall pay the Purchaser the amount of any Working Capital Deficiency.
The Independent Accounting Firm’s determination(s) shall be based upon the definitions of Company Transaction Expenses, Working Capital Deficiency, Working Capital Surplus, Indebtedness and Closing Cash (as applicable) included herein and in accordance with Exhibit A and the Accounting Principles (provided that in the event of a conflict between Exhibit A and the Accounting Principles, Exhibit A shall prevail).

More Definitions of Working Capital Deficiency

Working Capital Deficiency has the meaning set forth in Section 2.3(b).

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

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

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

Working Capital Deficiency means the amount (if any) by which $(15,000,000), which, for the avoidance of doubt, is a negative number, exceeds the Working Capital.

Working Capital Deficiency means the absolute value of the amount (if any) by which the Closing Working Capital, as finally determined pursuant to Section 2.2(d), is less than the Target Working Capital Amount by more than $150,000.