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 (Centerpoint Advisors Inc)

AutoNDA by SimpleDocs

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 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)

AutoNDA by SimpleDocs

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)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!