Working Capital Adjustment Amount definition

Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

Working Capital Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.

Working Capital Adjustment Amount means: (a) Estimated Working Capital, less (b) Target Working Capital.

Examples of Working Capital Adjustment Amount in a sentence

• On the Closing Date, the Sellers shall pay to the Purchaser, in cash, an amount equal to the Closing Working Capital Adjustment Amount.

• The Working Capital Adjustment Amount, as finally determined pursuant to this Section 2.16 (whether by failure of Spinco to deliver a Notice of Objection, by agreement of Pluto and Spinco or by determination of the Unaffiliated Accounting Firm), is referred to herein as the “Final Working Capital Adjustment Amount”.

• No AT&T Excluded Liability shall be taken into account in calculating the Working Capital Adjustment Amount.

• The cash portion of the Purchase Price (the “Cash Consideration”) shall be an amount equal to Sixty Seven Million Five Hundred Thousand Dollars ($67,500,000.00) plus or minus the Net Working Capital Adjustment Amount.

• No later than three (3) Business Days prior to the Closing Date, Seller shall provide to Buyers a closing statement (the “Estimated Closing Statement”), setting forth Seller’s good faith estimates of the Closing Date Indebtedness, and based thereon an estimate of the Final Purchase Price (pursuant to the calculation of purchase price set forth in Section 1.3(a) but excluding the Net Working Capital Adjustment Amount and the True-Up Adjustment Amount) (the “Estimated Purchase Price”).

More Definitions of Working Capital Adjustment Amount

Working Capital Adjustment Amount means an amount, which can be positive or negative, equal to the Net Working Capital minus the Net Working Capital Target.

Working Capital Adjustment Amount shall have the meaning set forth in Section 2.11(g)(ii).

Working Capital Adjustment Amount means the result of the Closing Date Working Capital Amount minus the Target Working Capital Amount.

Working Capital Adjustment Amount means an amount, if any, equal to the absolute value of the difference between the Working Capital Target and the Working Capital Amount. For the avoidance of doubt, if the Working Capital Amount exceeds the Working Capital Target, the Working Capital Adjustment Amount shall be Zero Dollars ($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.

Working Capital Adjustment Amount means the Target Net Working Capital Amount minus the Net Working Capital Amount.

Working Capital Adjustment Amount means (a) if the Closing Working Capital exceeds the Target Closing Working Capital, then the amount by which such excess exceeds $300,000 or (b) if the Closing Working Capital is less than the Target Closing Working Capital, then the amount by which such deficit exceeds $300,000, in each case, if applicable; provided, however, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative.