Working Capital Upper Limit definition

Working Capital Upper Limit means $1,500,000.00.
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Working Capital Upper Limit means an amount equal to (a) the Base Working Capital plus (b) $10,000,000. 1.2
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Working Capital Upper Limit means Twenty Eight Million Seven Hundred Seventy Thousand Dollars ($28,770,000).
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Examples of Working Capital Upper Limit in a sentence

  • AT&T and Investor acknowledge that the sole purpose of the determination of Closing Working Capital pursuant to this Section 2.4 is to adjust the Unadjusted Subscription Price so as to reflect the change in Closing Working Capital in comparison to Target Working Capital Upper Limit or Target Working Capital Lower Limit, as the case may be, resulting from the operation of the Business to determine the Final Subscription Price pursuant to the definition thereof.

  • If the Estimated Closing Working Capital is greater than the Working Capital Upper Limit, the Base Purchase Price shall be increased by the amount of such excess.

Related to Working Capital Upper Limit

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

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

  • 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.

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

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

  • Working Capital Units shall have the meaning given in the Recitals hereto.

  • 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.

  • Working Capital Target means $0.

  • 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.

  • Net Working Capital Target means $0.00.

  • 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.

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

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

  • Target Working Capital means $0.

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

  • Target Net Working Capital means $0.

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

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

  • 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.

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

  • Closing Net Working Capital means the Net Working Capital as of the open of business on the Closing Date.

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

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

  • Working Capital Loans means any loan made to Acquiror by any of the Sponsor, an Affiliate of the Sponsor, or any of Acquiror’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.

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