Working Capital Objection definition

Working Capital Objection has the meaning set forth in Section 4.6(f). Note that additional capitalized terms used herein are defined elsewhere in this Agreement or in certain of the Exhibits to this Agreement, including Exhibits 7.15 (Labor), 7.18 (Tax Matters) and 7.19 (Benefits).

Working Capital Objection has the meaning set forth in §2(d).

Working Capital Objection has the meaning set forth in Section 2.05(e)(i).

Examples of Working Capital Objection in a sentence

• If the Representative and Parent are unable to resolve all or any of the disputed items within forty five (45) days after delivery of the Working Capital Objection Statement, then the remaining disputed items shall be submitted to the Neutral Auditor.

• If the Class A Holder disagrees with Purchaser’s Company Working Capital Calculation, then the Class A Holder may, within thirty (30) days (the “ Shareholders’ Company Working Capital Objection Period”) after the valid delivery by Purchaser of Purchaser’s Company Working Capital Calculation, deliver a notice (the “Shareholders’ Company Working Capital Objection Notice”) to Purchaser disputing such calculation and setting forth the Class A Holder’s calculation thereof.

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• The Buyer and the Seller shall use reasonable commercial efforts in good faith to resolve any objections raised in the Working Capital Objection Notice for 30 days.

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• Any Shareholders’ Company Working Capital Objection Notice shall specify in reasonable detail those items or amounts as to which theClass A Holder disagrees and the basis for disagreement.

• In making such calculation, the Arbitrating Accountant shall consider only those items or amounts in Purchaser’s Company Working Capital Calculation as to which the Class A Holder has, in the Shareholders’ Company Working Capital Objection Notice, disagreed and such other issues as may reasonably be affected by the items as to which the Class A Holder has disagreed.

• If the Seller does not provide such Working Capital Objection Notice within such 30-day period, the Seller shall be deemed to have accepted the Closing Balance Sheet and the Adjusted Working Capital Statement.

• If the Class A Holder does not deliver the Shareholders’ Company Working Capital Objection Notice within the Shareholders’ Company Working Capital Objection Period, the parties will be deemed to have agreed in all respects with Purchaser’s Company Working Capital Calculation and it shall be deemed the final calculation ofCompany Working Capital.

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More Definitions of Working Capital Objection

Working Capital Objection is defined in Section 1.7(f).

Working Capital Objection shall have the meaning set forth in Section 3.3(c).