Working Capital Value adjustment Sample Clauses

Working Capital Value adjustment. 1.5.1 The Consideration is subject to the following adjustment. 1.5.2 If the Working Capital Value falls short of 6,754,000 the Consideration shall be reduced by the amount of the Shortfall. 1.5.3 If the Working Capital Value is more than of 6,754,000 the Consideration shall be increased by the amount of the excess 1.5.4 If a payment is required to be made under paragraph 1.5.2 of this part of the Schedule the Sellers shall pay to the Buyer (in the Agreed Proportion) the amount of any reduction in the Consideration within five Business Days after the Working Capital Value has been agreed or determined. The payment shall be paid out of the Retention Account (to the extent that there are monies in the Retention Account) in accordance with the provisions of Schedule 7. 1.5.5 If a payment is required to be made under paragraph 1.5.3 of this part of the Schedule the Buyer shall pay to the Sellers (in the Agreed Proportions) the amount of any increase in the Consideration within five Business Days after the Working Capital Value has been agreed or determined with interest on such amount from the date of Completion until payment at a yearly rate of base rate of Barclays Bank plc from time to time. Schedule 9 ENVIRONMENTAL INDEMNITY