Working Capital Deficit definition

Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.
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Working Capital Deficit means the amount by which the Working Capital as of the Closing Date is less than negative Four Million Nine Hundred Sixty-One Thousand Six Hundred Ninety Dollars (-$4,961,690).
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Working Capital Deficit has the meaning set forth in Section 2.08(d).
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Examples of Working Capital Deficit in a sentence

  • No fewer than three (3) Business Days prior to the anticipated Closing Date, Seller shall prepare and deliver to Purchaser, a statement (the “Pre-Closing Statement”), setting forth Seller’s good faith estimate, together with reasonable supporting detail, of (a) Working Capital (the “Estimated Working Capital”), (b) the Estimated Working Capital Surplus (if any) and the (c) Estimated Working Capital Deficit (if any), which amounts shall be used to determine the calculation of the Closing Date Payment.

  • Notwithstanding anything herein to the contrary, the dispute resolution mechanism contained in this Section 3.03(b) shall be the exclusive mechanism for resolving disputes regarding the Working Capital, the Working Capital Surplus (if any), the Working Capital Deficit (if any), and the Closing Date Payment.

  • In conducting its review, the Independent Accountant shall consider only those items or amounts in the Closing Statement and Purchaser’s calculations of Working Capital, the Working Capital Surplus (if any), and the Working Capital Deficit (if any), which Seller has disputed in the Dispute Notice and that are not resolved in writing during the thirty (30)-day period following delivery of the Dispute Notice.


More Definitions of Working Capital Deficit

Working Capital Deficit has the meaning specified in Section 3.3(a)(ii).
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Working Capital Deficit means the amount, if any, by which the Closing Date Net Working Capital is less than the Estimated Closing Date Net Working Capital, as reflected on the Final Closing Statement.
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Working Capital Deficit has the meaning specified in Section 4.5(d).
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Working Capital Deficit means the amount, if any, by which the Target Net Working Capital Amount exceeds the final Closing Net Working Capital Amount.
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Working Capital Deficit means the amount, if any, by which the Estimated Working Capital is greater than the Net Working Capital, as reflected on the Final Working Capital Schedule.
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Working Capital Deficit means the amount, if any, by which Base Working Capital exceeds Net Working Capital.
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Working Capital Deficit means the amount, if any, by which the Lower Working Capital Collar exceeds the Working Capital Amount.
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