Examples of Working Capital Underage in a sentence
The Purchase Price shall be decreased by the Working Capital Underage, if any (as contemplated by Section 2.3(b)).
On the Closing Date, the Purchase Price shall be adjusted by either (i) increasing the Asset Purchase Price by the Estimated US Working Capital Overage or decreasing the Asset Purchase Price by the Estimated US Working Capital Underage.
Seller will consult in good faith with Buyer regarding the calculation of the Working Capital Estimate and the resulting Working Capital Overage or Working Capital Underage, as applicable.
The Aggregate Consideration payable at Closing shall be increased by the amount of any Working Capital Overage or decreased by the amount of any Working Capital Underage.
At least five days prior to the Closing Date, Seller shall deliver to Buyer (a) a good faith estimate (the "Working Capital Estimate") of (i) the Closing Working Capital and (ii) any Estimated Working Capital Overage or Estimated Working Capital Underage and (b) a good faith estimate (the "Estimated Carryforward Payment") of the Carryforward Payment.