Minimum Net Working Capital definition

Minimum Net Working Capital has the meaning set forth in Section 2.2(a).
Minimum Net Working Capital means the excess of Current Assets over Current Liabilities.
Minimum Net Working Capital means negative $570,000.

Examples of Minimum Net Working Capital in a sentence

  • If the Net Working Capital as of the Closing Date is less than the Minimum Net Working Capital by more than the Estimated Working Capital Deficit Adjustment, Seller shall pay to Purchaser an amount equal to the amount of such deficit over the Estimated Working Capital Deficit Adjustment plus, if any, the Estimated Net Working Capital Surplus Adjustment.

  • If the Net Working Capital as of the Closing Date is less than the Minimum Net Working Capital by less than the Estimated Working Capital Deficit Adjustment, Purchaser shall pay to Seller the difference between such actual deficit and the Estimated Working Capital Deficit Adjustment.


More Definitions of Minimum Net Working Capital

Minimum Net Working Capital means $10,840,339.66, which is the difference of Adjusted Net Working Capital as of October 31, 2006 minus $1,000,000.00.
Minimum Net Working Capital means an amount equal to $8 million less the sum of any Other Exit Costs paid for or accrued prior to December 31, 2002. An example of the calculation of Minimum Net Working Capital is set forth on Schedule 8.1.
Minimum Net Working Capital means US$53,000,000. For the avoidance of doubt, the Minimum Net Working Capital includes the Minimum Net Cash Balance.
Minimum Net Working Capital means $5,800,000.
Minimum Net Working Capital means Net Working Capital of Three Million, Three Hundred Thousand Dollars ($3,300,000).
Minimum Net Working Capital means $1,085,000.
Minimum Net Working Capital means $365,592.71.