Common use of Adjustments for Net Working Capital Shortfall/Excess Clause in Contracts

Adjustments for Net Working Capital Shortfall/Excess. The Basic Purchase Consideration shall be (a) reduced dollar-for-dollar to the extent Net Working Capital on the Closing Date is less than the Target or (b) increased dollar-for-dollar to the extent Net Working Capital on the Closing Date is greater than the Target.

Appears in 9 contracts

Samples: Merger Agreement (Centerprise Advisors Inc), Merger Agreement (Centerprise Advisors Inc), Merger Agreement (Centerprise Advisors Inc)

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Adjustments for Net Working Capital Shortfall/Excess. The ---------------------------------------------------- Basic Purchase Consideration shall be (a) reduced dollar-for-dollar to the extent Net Working Capital on the Closing Date is less than the Target or (b) increased dollar-for-dollar to the extent Net Working Capital on the Closing Date is greater than the Target.

Appears in 3 contracts

Samples: Merger Agreement (Centerpoint Advisors Inc), Merger Agreement (Centerpoint Advisors Inc), Merger Agreement (Centerpoint Advisors Inc)

Adjustments for Net Working Capital Shortfall/Excess. The ---------------------------------------------------- Aggregate Basic Purchase Consideration shall be (a) reduced dollar-for-for- dollar to the extent Net Working Capital on the Closing Date is less than the Target or (b) increased dollar-for-dollar to the extent Net Working Capital on the Closing Date is greater than the Target.

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

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Adjustments for Net Working Capital Shortfall/Excess. The Basic ---------------------------------------------------- Purchase Consideration shall be (a) reduced dollar-for-dollar to the extent Net Working Capital on the Closing Date is less than the Target or (b) increased dollar-for-dollar to the extent Net Working Capital on the Closing Date is greater than the Target.

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

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