Working Capital Objection Notice definition

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

Working Capital Objection Notice is defined in Section 1.5(b).

Working Capital Objection Notice shall have the meaning set forth in Section 2.7(c)(i).

Examples of Working Capital Objection Notice in a sentence

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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.

• 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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• If the Company delivers a Revised Net Working Capital Objection Notice within the specified time, authorized representatives of Parent and the Company shall promptly negotiate in good faith to resolve such objections.

• If there is a timely Net Working Capital Objection Notice, the Net Working Capital Calculation as revised, if applicable, by the agreement of Parent and the Company or by the Accountant, if applicable, shall be the binding and final determination of Net Working Capital.

• If Parent and the Company are unable to reach an agreement with respect to the objections within 30 calendar days after delivery of such Net Working Capital Objection Notice, Parent shall engage an accounting firm of recognized national standing reasonably acceptable to the Company to review the Net Working Capital Calculation and resolve the objections.

More Definitions of Working Capital Objection Notice

Working Capital Objection Notice has the meaning set forth in SECTION 3.3(B).

Working Capital Objection Notice shall have the meaning set forth in Section 1.4(d) hereof.

Working Capital Objection Notice shall have the meaning as set forth in Section 2.1(b)(iv) of this Agreement. EXHIBIT B FORM OF VOTING AGREEMENT EXHIBIT C CERTIFICATE OF MERGER EXHIBIT D LEGAL OPINION OF COMPANY COUNSEL EXHIBIT E LEGAL OPINION OF COMPANY INTELLECTUAL PROPERTY COUNSEL EXHIBIT F LEGAL OPINION OF PARENT COUNSEL