Estimated Working Capital Surplus definition

Estimated Working Capital Surplus means the extent to which the Estimated Closing Date Working Capital exceeds the Target Working Capital.

Estimated Working Capital Surplus has the meaning set forth in Section 2.6(a).

Estimated Working Capital Surplus means the amount, if any, that the Estimated Closing Date Net Working Capital is greater than the Target Net Working Capital.

Examples of Estimated Working Capital Surplus in a sentence

• The Closing Cash Payment will reflect an increase on a dollar-for-dollar basis by 55% of the amount of any Estimated Working Capital Surplus Amount or a decrease on a dollar-for-dollar basis by 55% of the amount of any Estimated Working Capital Shortfall Amount, as the case may be.

• The aggregate cash amount to be paid for the Shares by the Purchaser at Closing (the “Closing Payment”) shall be an amount equal to (a) $825,000,000 (the “Purchase Price”), plus (b) the Estimated Working Capital Surplus, if any, minus (c) the Estimated Working Capital Deficit, if any.

• Not less than two (2) Business Days before the Closing Date, the Shareholder shall deliver to the Purchaser a statement (the “Closing Date Statement”), signed by the Vice President of Finance of the Shareholder, which sets forth the Shareholder’s good faith best estimate of (A) the Net Working Capital (the “Estimated Working Capital”), and (B) the Estimated Working Capital Surplus, if any, or the Estimated Working Capital Deficit, if any.

More Definitions of Estimated Working Capital Surplus

Estimated Working Capital Surplus shall have the meaning specified in Section 2.3(b).

Estimated Working Capital Surplus means the amount, if any, by which the sum of the Estimated Working Capital (Liberty) plus the Estimated Working Capital (Renal) exceeds the sum of the Estimated Target Working Capital (Liberty) plus the Estimated Target Working Capital (Renal).

Estimated Working Capital Surplus means the amount, if any, by which (i) the Estimated Working Capital is greater than (ii) the Target Working Capital Amount.

Estimated Working Capital Surplus means the amount (if any) by which the Estimated Working Capital is greater than $1.0 million.

Estimated Working Capital Surplus means the amount, if any, by which the Estimated Net Working Capital exceeds the Target Net Working Capital.

Estimated Working Capital Surplus means the amount, if any, by which the Target Working Capital is less than the Estimated Closing Working Capital as set forth on the Closing Date Financial Statement.

Estimated Working Capital Surplus means the amount, if any, by which the Estimated Working Capital exceeds the Target Net Working Capital as set forth on the Closing Date Financial Certificate.