Working Capital Value definition

Working Capital Value means the aggregate value of the Working Capital as at the Effective Time as set out in the Working Capital Statement.

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Working Capital Value means the aggregate of the working capital of the Astra Tech Group at the Effective Time as defined in schedule 5 and as set out in the Working Capital Statement.

Working Capital Value means the sum of certain current assets less the sum of certain current liabilities of the Company as of the Closing, computed in a manner consistent with the 1997 Balance Sheet and the principles contained on Annex B to the Stock Purchase and Sale Agreement (which principles shall take precedence over any other principles employed in the 1997 Balance Sheet.)

Examples of Working Capital Value in a sentence

• All fees and costs of the Designated Arbitrator, if any, shall be paid by the Party whose Closing Working Capital Value is rejected by the Designated Arbitrator.

• The process set forth in this Section 3.2 shall be the exclusive remedy of the Parties for any disputes related to items reflected on the Preliminary Statement or covered by the calculation of the Closing Working Capital Value, whether or not the underlying facts and circumstances constitute a breach of any representations or warranties.

• The Preliminary Statement shall include Buyer’s calculation of Closing Working Capital Value.

• The Sellers shall pay to Buyer, within five (5) days following the filing of such Tax Returns by Buyer, an amount equal to the portion of their Taxes with respect to such Tax Returns which relates to any taxable period, or portion thereof, ending on or before the Closing Date, except to the extent such Taxes are accrued as a liability for purposes of calculating either the Closing Working Capital Value or Net Income Tax Liabilities as of the Closing Date.

• The Target Working Capital Value and any Amounts expressed in other currencies shall be translated into US Dollars using the spot exchange rates as published and uploaded from Reuters into the treasury system of the Seller’s Group on the Completion Date (for that date).

More Definitions of Working Capital Value

Working Capital Value means the Working Capital of the Company as of the Effective Time, including all accounting entries required to be made as a result of the Closing.

Working Capital Value shall be determined in accordance with the principles employed in the preparation of the Reference Purchase Price Statement and shall mean the consolidated Current Assets less the consolidated Current Liabilities of MTC and its Subsidiaries, and shall exclude any refund of Taxes or any Net Income Tax Liabilities (but shall not exclude any deferred Tax assets or liabilities whether short or long-term) and shall exclude accrued and unpaid dividends on the MTC Preferred Stock, if any. The Reference Purchase Price Statement contains a calculation of Working Capital Value as of December 31, 2005. Any amounts which are to be included in any calculation of Working Capital Value which are expressed in a currency other than U.S. dollars shall be converted into U.S. dollars at the Exchange Rate as published on the Closing Date or, if such calculation must be made prior to the Closing Date, on the date closest in time to the Closing Date that allows for such calculation to be made in a timely manner, provided however that any such calculation made for purposes of the Working Capital Value as of December 31, 2005 contained in the Reference Purchase Price Statement shall use the Exchange Rate as published on December 31, 2005.

Working Capital Value means the aggregate amount of current assets less the aggregate of amount of current liabilities of the Group Companies (excluding, for the avoidance of doubt, the Cash Balances (if any), Debt (if any)) of the Group at the Effective Time on the date of Completion, subject to the requirements set out in Part B of Schedule 9 (Completion Accounts).

Working Capital Value. Section 2.03(a) "Year 2000 Compliant" - Section 3.19(b) "338 Election" - Section 2.04 Where any group or category of items or matters is defined collectively in the plural number, any item or matter within such definition may be referred to using such defined term in the singular number. [*** The next page is the signature page. ***]

Working Capital Value means the sum of current assets (but excluding cash) less the sum of current liabilities (but excluding any liabilities for Taxes or any other items provided for in Sections 2.5, 15.3 and 15.4) of the Business as of the Closing Date, computed in accordance with the principles contained in Schedule 2.4. Purchaser, at its own expense, shall ------------ render all reasonable assistance in connection with the preparation of the Working Capital Value Calculation, including providing access to books and records as well as the assistance of Purchaser's employees who were previously employed by Seller.

Working Capital Value. Value of the consolidated Working Capital of the Imaging Group as of the referenced date computed on a basis consistent with the Working Capital Value Computation as of July 1, 2000 attached as Annex B.

Working Capital Value is defined in SECTION 7.2.