Current Item Adjustments Clause Samples

Current Item Adjustments. If KPMG’s report identifies any assets or liabilities in the Balance Sheet of a type used to determine Working Capital that were allocated to Seller in the Balance Sheet but that should have been allocated to the Company, or that were allocated to the Company in the Balance Sheet but that should have been allocated to Seller, KPMG shall calculate the ratio of (i) Working Capital based upon the values in the Balance Sheet as adjusted by giving effect to the correct allocations so identified and (ii) $674,866,000 (the “Working Capital Ratio”). Following such determination, for all purposes under this Agreement, the Target Minimum Working Capital shall be equal to the amount set forth in the definition thereof multiplied by the Working Capital Ratio, and the Target Maximum Working Capital shall be equal to the amount set forth in the definition thereof multiplied by the Working Capital Ratio.