Working Capital Excess Amount definition

Working Capital Excess Amount means, as of any relevant date of determination, the positive difference (if any) between the Working Capital Amount (Actual) and the Working Capital Amount (Normal).
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Working Capital Excess Amount shall have the meaning ascribed to such term in Section 1.6(b) hereof. [SIGNATURE PAGES FOLLOW]
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Working Capital Excess Amount means the amount by which the Closing Net Working Capital exceeds an amount equal to the Net Working Capital Target.
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Examples of Working Capital Excess Amount in a sentence

  • The Working Capital Excess Amount shall be paid by Buyer to Sellers in immediately available funds by wire transfer.

  • The purchase price for the Initial Transferred Equity Interests shall be an amount in Dollars equal to the Base Amount, as adjusted by the Closing Cash Amount, the Closing Net Working Capital Excess Amount, the Closing Net Working Capital Deficiency Amount, the Closing Funded Indebtedness, and the Closing Transaction Related Expenses, in each case as applicable and in accordance with Sections 2.6 and 2.13.

  • To the extent that the Estimated Net Working Capital results in an Estimated Working Capital Excess Amount, the Purchase Price to be paid at Closing will be increased on a dollar-for-dollar basis by the amount of such Working Capital Excess Amount.

  • The Estimated Working Capital Excess Amount shall be paid by Buyer to Sellers in immediately available funds by wire transfer at Closing.

  • Within one hundred and twenty (120) calendar days after the First Closing Date, the Buyer shall cause to be prepared and delivered to the Sellers Representative a statement (the “ Closing Statement”), setting forth the Closing Net Working Capital Amount, the Closing Net Working Capital Deficiency Amount (if any), the Closing Net Working Capital Excess Amount (if any), the Closing Cash Amount, the Closing Funded Indebtedness and the Closing Transaction Related Expenses and the components thereof.

  • Another source of uncertainty is the issue of restraint measures, as provisions governing their inclusion in the term of sentence and their correlation with a prior or new sentence are fairly flawed.

  • The amount payable by Buyer to Sellers at the Closing shall be an amount (the “Closing Date Payment Amount”) in Dollars equal to (i) the Base Closing Cash Amount plus (ii) the Estimated Net Working Capital Excess Amount, if any, minus (iii) the Estimated Net Working Capital Deficiency Amount, if any, minus (iv) the Estimated Transaction Expenses minus (v) the Estimated Closing Date Indebtedness.

  • To the extent the Final Net Working Capital is greater than the Target Net Working Capital Amount (such difference being herein referred to as the “ Final Net Working Capital Excess Amount ”), the Base Amount shall be increased by the amount of the Final Net Working Capital Excess Amount.

  • If the Modified Working Capital set forth on the Final Modified Working Capital Statement exceeds the Modified Working Capital set forth on the Estimated Modified Working Capital Statement by an amount (such amount, the “Working Capital Excess Amount”) equal to or greater than the Working Capital Deductible Amount, then the Acquiror shall pay to GE an amount of cash equal to the Working Capital Excess Amount minus the Working Capital Deductible Amount.

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More Definitions of Working Capital Excess Amount

Working Capital Excess Amount has the meaning set forth in Section 2.06(f).
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Working Capital Excess Amount shall have the meaning set forth in Section 3.3.
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Working Capital Excess Amount means the difference (if any) between the Estimated Net Working Capital and the Target Working Capital if the Estimated Net Working Capital is greater than the Target Working Capital.
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Working Capital Excess Amount is defined in Section 2.5(d)(ii).
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Related to Working Capital Excess Amount

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

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

  • Working Capital Target means $0.

  • 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 Target means $0.00.

  • 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.

  • 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.

  • 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.

  • Target Net Working Capital Amount means $5,000,000.

  • 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.

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

  • Adjusted Working Capital means the remainder of (a) the consolidated current assets of the Obligors minus the amount of cash and cash equivalents included in such consolidated current assets, minus (b) the consolidated current liabilities of the Obligors minus the amount of consolidated short-term Debt (including current maturities of long-term Debt) of the Obligors included in such consolidated current liabilities.

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

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

  • Working Capital Advance has the meaning specified in Section 2.01(c).

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Target Net Working Capital means $0.

  • Retained Excess Cash Flow Amount means, at any date of determination, an amount, determined on a cumulative basis, that is equal to the aggregate cumulative sum of the Excess Cash Flow that is not required to be applied as a mandatory prepayment under Section 2.11(b)(i) for all Excess Cash Flow Periods ending after the Closing Date and prior to such date; provided that such amount shall not be less than zero for any Excess Cash Flow Period.

  • Target Working Capital means $0.

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

  • Working Capital Assets has the meaning as set forth in the Recitals of this Agreement.

  • Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).

  • Working Capital Shortfall has the meaning specified in Section 2.5(b).

  • Working Capital Loan has the meaning specified in Section 2.1(c).

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

  • Consolidated Working Capital at any date, the excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date.