Working Capital Deficiency means the absolute value of the amount, if any, by which (i) the Closing Working Capital, as finally determined pursuant to Section 2.3, is less than (ii) the Target Working Capital Amount.

Working Capital Deficiency means the amount by which the Working Capital Target exceeds the Working Capital.

Working Capital Deficiency has the meaning specified in Section 1.4(d).

Examples of Working Capital Deficiency in a sentence

If the Consolidated Working Capital using the Closing Balance Sheet prepared in accordance with this Section 6 is less than EUR 5,900,000 (the "Consolidated Working Capital Deficiency"), then the Seller shall pay to Purchaser 1 or, at Purchaser 1's absolute discretion, to Technitrol Inc., PA, USA or any company of Technitrol Group an amount in Euros equal to the Consolidated Working Capital Deficiency.

More Definitions of Working Capital Deficiency

Working Capital Deficiency has the meaning set forth in Section 1.7(a)(i).

Working Capital Deficiency means the amount, if any, by which the Net Working Capital is less than $500,000.

Working Capital Deficiency means the amount, if any, by which (a) the sum of the Closing Working Capital, as set forth on the Closing Date Statement, as modified as a result of the resolution of any disputed items determined pursuant to Section 3.2(b)(ii) plus the “Closing Working Capital” determined under the Strawberry Shortcake Transaction Agreement, is less than (b) the Estimated Working Capital.

Working Capital Deficiency means the amount, if any, by which the Working Capital Amount, as set forth on the Closing Date Statement, as modified as a result of the resolution of any disputed items determined pursuant to Section 2.4(c), is less than the Estimated Working Capital.

Working Capital Deficiency means, if the Working Capital Adjustment Amount as delivered by the Company prior to Closing is less than the Final WC Adjustment Amount, the Final WC Adjustment Amount, otherwise the “Working Capital Deficiency” shall mean zero (0).

Working Capital Deficiency means the amount (if any) by which $(15,000,000), which, for the avoidance of doubt, is a negative number, exceeds the Working Capital.

Working Capital Deficiency shall have the meaning set forth in Section 9.1(d).