Common use of Working Capital Adjustment Clause in Contracts

Working Capital Adjustment. (i) For all purposes of and under this Agreement, the term “Working Capital” shall mean (x) the value of the current assets of the categories described on Schedule E hereto of the Acquired Companies and the Acquired Assets, minus (y) the value of the current liabilities of the categories described on Schedule F hereto of the Acquired Companies and included in the Assumed Liabilities.

Appears in 11 contracts

Samples: Stock and Asset Purchase Agreement, Stock and Asset Purchase Agreement (Medianews Group Inc), Stock and Asset Purchase Agreement (McClatchy Co)

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Working Capital Adjustment. (i) For all purposes of and under this Agreement, the term "Working Capital" shall mean (xA) the aggregate value of the Sellers' current assets of included within the categories described on Schedule E hereto of the Acquired Companies and the Acquired Purchased Assets, minus (yB) the aggregate value of the Sellers' current liabilities of the categories described on Schedule F hereto of the Acquired Companies and included in within the Assumed Liabilities, each calculated as of the Closing to the extent practicable in accordance with GAAP applied in a manner consistent with the preparation of the Financial Statements.

Appears in 1 contract

Samples: Asset Purchase Agreement (Transwestern Holdings Lp)

Working Capital Adjustment. (i) For all purposes of and under this Agreement, the term “Working Capital” shall mean (x) the value of the current assets of the categories described on Schedule E G hereto of the Acquired Companies and the Acquired AssetsTransferred IP, minus (y) the value of the current liabilities of the categories described on Schedule F H hereto of the Acquired Companies and or included in the Assumed Liabilities.

Appears in 1 contract

Samples: Stock Purchase Agreement (McClatchy Co)

Working Capital Adjustment. (i) For all purposes of and under this Agreement, the term “Working Capital” shall mean (x) the value of the current assets of the categories described on Schedule E hereto of the Acquired Companies and included in the Acquired Assets, minus (y) the value of the current liabilities of the categories described on Schedule F hereto of the Acquired Companies and included in the Assumed Liabilities.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (McClatchy Co)

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Working Capital Adjustment. (i) For all purposes of and under this Agreement, the term "Working Capital" shall mean (xi) the value of the Seller's current assets of included within the categories described on Schedule E hereto of the Acquired Companies and the Acquired Purchased Assets, minus (yii) the value of the Seller's current liabilities of the categories described on Schedule F hereto of the Acquired Companies and included in within the Assumed Liabilities, each calculated as of the Closing to the extent practicable in accordance with GAAP applied in a manner consistent with the preparation of the Financial Statements.

Appears in 1 contract

Samples: Asset Purchase Agreement (Pulitzer Inc)

Working Capital Adjustment. (i) For all purposes of and under this Agreement, the term “Working Capital” shall mean (x) the value of the current assets of the categories described on Schedule E hereto of the Acquired Companies Business and included in the Acquired Assets, minus (y) the value of the current liabilities of the categories described on Schedule F hereto of the Acquired Companies Business and included in the Assumed Liabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (Lee Enterprises, Inc)

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