Examples of Actual Working Capital in a sentence
It also specifies: (1) the exterior walls of the units were to feature, inter alia, ½” interior gypsum sheathing, UV Poly Vapour Barrier and 3½” (R-12) Batt insulation; (2) the walls separating units would include ½” gypsum sheathing, Poly Vapour Barrier and Batt insulation; and (3) the ceiling would feature ½” gypsum sheathing, UV Poly Vapour Barrier and R-50 blown-in cellulose insulation.
If any of such Working Capital Inputs are not timely objected to by Seller, then such Working Capital Inputs and the resulting Actual Working Capital shall be deemed final and no longer subject to dispute by either of the Parties.
Amounts resolved by such attempts within such fifteen (15) day period shall be deemed to have been finally determined for purposes of calculating the Actual Working Capital.
It bears noting that the Chief Financial Officer does not include Grants and Unspent Loans in the above equation in order to ensure that Council’s Actual Working Capital is accurately recorded.
If Seller fails to notify Purchaser in writing of any dispute within such thirty-day period, the Working Capital Statement shall be deemed to be a “Final Statement.” In the event that Seller shall so notify Purchaser of any dispute on or prior to such thirtieth day, any amounts contained in the Working Capital Statement that are not disputed by Seller in the Dispute Notice shall be deemed to have been finally determined for purposes of calculating the Actual Working Capital.