Reference Net Working Capital definition

Reference Net Working Capital means EUR 129,000,000 (in words: one hundred twenty nine million Euros);

Reference Net Working Capital has the meaning set forth in Section 2.4(b).

Reference Net Working Capital means $95,000,000.

Examples of Reference Net Working Capital in a sentence

• Seller hereby covenants and agrees to cause the Companies to have net working capital, as of the first day of the month in which the Closing occurs (such day being referred to as the “Net Working Capital Reference Date”), which is equal to Reference Net Working Capital.

• Buyer shall pay to Seller an amount equal to the excess, if any, of Final Net Working Capital minus Reference Net Working Capital, or Seller shall pay to Buyer an amount equal to the excess, if any, of Reference Net Working Capital minus Final Net Working Capital.

• Actual Completion Net Working Capital is defined in Schedule 5 Adjustment Amount the amount (if any) by which the Actual Completion Net Working Capital differs from the Reference Net Working Capital.

• Seller believes that the Reference Net Working Capital (reflected in Schedule 1.1(vi) represents sufficient working capital for the Companies to operate the Business as currently conducted.

• Final Net Working Capital shall include the line items and be calculated in the same manner as the calculation of Reference Net Working Capital as set forth in Schedule 1.1(vi).

More Definitions of Reference Net Working Capital

Reference Net Working Capital means, for the calendar month during which the Closing occurs (the “Closing Month”), the net working capital amount for such month set forth on Section 1.1(WC) of the Seller Disclosure Schedule.

Reference Net Working Capital means Ten Billion Four Hundred Million Korean Won (KRW10,400,000,000).

Reference Net Working Capital means $1,122,527.

Reference Net Working Capital means an amount equal to $3,810,000.

Reference Net Working Capital means the amount of CHF (70,400,000) (minus Swiss francs seventy million four hundred thousand).

Reference Net Working Capital means $891,000,000.

Reference Net Working Capital means $101,456,000.