Net Working Capital Adjustment definition

Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.
Net Working Capital Adjustment has the meaning set forth in Section 2.6(d)(i).
Net Working Capital Adjustment means (i) the amount (expressed as a positive number) by which Net Working Capital exceeds the Net Working Capital Target or (ii) the amount (expressed as a negative number) by which Net Working Capital is less than the Net Working Capital Target.

Examples of Net Working Capital Adjustment in a sentence

  • Net Working Capital Adjustment Amount minus fifty thousand Dollars ($50,000), expressed as a positive number, if positive, and as a negative number, if negative.


More Definitions of Net Working Capital Adjustment

Net Working Capital Adjustment means (a) the amount by which Net Working Capital exceeds $48,546,000 or (b) the amount by which Net Working Capital is less than $48,546,000, provided that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.
Net Working Capital Adjustment shall have the meaning specified in Section 3.03(a).
Net Working Capital Adjustment means (i) the amount by which Net Working Capital exceeds the Net Working Capital Target, or (ii) the amount by which Net Working Capital is less than the Net Working Capital Target, in each case, if applicable; provided that any amount which is calculated pursuant to clause (ii) above shall be deemed to be a negative number.
Net Working Capital Adjustment means Net Working Capital determined as of the applicable time minus the Net Working Capital Target.
Net Working Capital Adjustment has the meaning given in Clause 4.7.2;
Net Working Capital Adjustment means (a) if the Net Working Capital exceeds the Target Working Capital, the amount, if any, by which the Net Working Capital exceeds the Target Working Capital, which amount shall be expressed as a positive number; (b) if the Net Working Capital is less than the Target Working Capital, the amount, if any, by which the Target Working Capital exceeds the Net Working Capital, which amount shall be expressed as a negative number; or (c) if the Net Working Capital is equal to the Target Working Capital, zero.
Net Working Capital Adjustment means (i) the amount by which Net Working Capital as of immediately prior to the Closing exceeds $54,000,000 or (ii) the amount by which Net Working Capital as of immediately prior to the Closing is less than $54,000,000; provided that any amount which is calculated pursuant to clause (ii) above shall be deemed to be a negative number.