Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.
Working Capital Deficit means the amount by which the Working Capital as of the Closing Date is less than negative $600,000.
Working Capital Deficit has the meaning set forth in Section 3.3(a).
Examples of Working Capital Deficit in a sentence
Attached hereto as Schedule 3.4 is a statement (the “Closing Date Financial Statement”), signed by the Manager of the Company (on behalf and in the name of the Company), which sets forth (i) the Company’s estimate of the Net Working Capital (the “Estimated Working Capital”) at Closing, and (ii) the Estimated Working Capital Surplus, if any, or the Estimated Working Capital Deficit, if any, at Closing.
More Definitions of Working Capital Deficit
Working Capital Deficit means the amount, if any, by which the Net Working Capital as reflected on the Final Closing Statement is less than the Base Working Capital, which shall be expressed as a positive number.
Working Capital Deficit means the amount, if any, by which the Target Net Working Capital Amount exceeds the final Closing Net Working Capital Amount.
Working Capital Deficit has the meaning set forth in Section 2.10(a).
Working Capital Deficit means the amount, if any, by which the Working Capital Target exceeds the Closing Working Capital.
Working Capital Deficit means the amount, if any, by which the Working Capital is less than $7,100,000.
Working Capital Deficit means the amount by which the Estimated Working Capital, as determined in accordance with Section 3.3(a)(i), is less than the Target Working Capital.
Working Capital Deficit means the amount, if any, by which Working Capital is less than the Estimated Working Capital, as reflected on the final Closing Statement.