Estimated Net Working Capital Adjustment definition

Estimated Net Working Capital Adjustment means the Estimated Closing Net Working Capital minus the Target Net Working Capital (such difference, which may be a positive or negative number).

Estimated Net Working Capital Adjustment has the meaning set forth in Section 3.5.

Estimated Net Working Capital Adjustment is defined in Section 2.2(a).

Examples of Estimated Net Working Capital Adjustment in a sentence

• If the Final Net Working Capital Adjustment Amount is greater than the Estimated Net Working Capital Adjustment Amount, then the Buyer shall promptly (but in any event within five (5) Business Days following the determination of the Final Net Working Capital Adjustment Amount) deliver to the Seller, the amount of such excess by wire transfer of immediately available funds to an account or accounts designated by the Seller in writing.

• If the Final Net Working Capital Adjustment Amount is less than the Estimated Net Working Capital Adjustment Amount, then the Seller shall promptly (but in any event within five (5) Business Days following the determination of the Final Net Working Capital Adjustment Amount) deliver to the Buyer, the amount of such shortfall by wire transfer of immediately available funds to one or more accounts designated by the Buyer in writing.

More Definitions of Estimated Net Working Capital Adjustment

Estimated Net Working Capital Adjustment has the meaning set forth in Section 2.8(b).

Estimated Net Working Capital Adjustment shall have the meaning set forth in Section 2.5(a).

Estimated Net Working Capital Adjustment means (a) if the Estimated Net Working Capital is greater than the Target Net Working Capital, the amount by which the Estimated Net Working Capital exceeds the Target Net Working Capital, or (b) if the Estimated Net Working Capital is less than the Target Net Working Capital, the amount by which the Estimated Net Working Capital is less than the Target Net Working Capital, in each case, if applicable; provided that any amount which is calculated pursuant to clause (a) above shall be deemed to be a positive number and any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

Estimated Net Working Capital Adjustment means an amount (which may be negative number) equal to (i) the Estimated Net Working Capital minus (ii) the Target Net Working Capital.

Estimated Net Working Capital Adjustment means (i) $0 if Estimated Net Working Capital reflected on the Estimated Statement is equal to or greater than the Lower Working Capital Target and less than or equal to the Upper Working Capital Target, (ii) the amount by which Estimated Net Working Capital reflected on the Estimated Statement is greater than the Upper Working Capital Target or (iii) the product of (x) the amount by which Estimated Net Working Capital reflected on the Estimated Statement is less than the Lower Working Capital Target multiplied by (y) negative 1 (-1).

Estimated Net Working Capital Adjustment means an amount, positive or negative, equal to Estimated Net Working Capital, minus $26,300,000.

Estimated Net Working Capital Adjustment means Estimated Net Working Capital less Target Net Working Capital (which Estimated Net Working Capital Adjustment may be a negative number).