Actual Working Capital Statement definition

Actual Working Capital Statement shall have the meaning given to such term in Section 2.2.3.2 herein.

Actual Working Capital Statement means the statement setting out the Actual Working Capital Amount, as agreed or determined in accordance with of Schedule 6 (Effective Time Statement);

Actual Working Capital Statement means the Actual Working Capital Statement, as agreed or determined in accordance with Clause 4 and Part D of Schedule 3;

Examples of Actual Working Capital Statement in a sentence

• The Actual Working Capital Statement shall become final and binding upon the Parties 30 days following delivery to Seller Representative or its agent, unless Seller Representative gives written notice of disagreement (a “Notice of Disagreement”) to Buyer prior to such date.

• The study used monthly observations running from January 1996 to June 2005.

• Each of Providence and Sellers Representative shall have fifteen (15) Business Days following receipt of the Actual Working Capital Statement during which to notify the other party of any dispute of any item contained in the Actual Working Capital Statement, which notice shall set forth in reasonable detail the basis for such dispute (the “Actual Working Capital Dispute Notice”).

• During the 30-day period immediately following delivery to Seller Representative of the Actual Working Capital Statement, Buyer shall promptly on written request of Seller Representative or its agents deliver to same, and Seller Representative and its agents and representatives shall be permitted to review, Buyer’s working papers related to the preparation and determination of the Actual Working Capital Statement.

• Within 40 business days after the date of Completion, the Company will prepare and deliver to the Sellers a final draft of the Completion Accounts which will include a final draft of the Actual Net Debt Statement and final draft Actual Working Capital Statement (Collectively referred as “Completion Documents”) The Sellers will have 40 business days to review and accept the Completion Documents.

• The Actual Working Capital Statement shall be based on the Closing Financial Statements.

More Definitions of Actual Working Capital Statement

Actual Working Capital Statement a statement setting out the Actual Working Capital Amount, as agreed or determined in accordance with Part B of the Annex to Schedule 6 (Post Completion Adjustments) and the Accounting Policies; this “Agreement” this share purchase agreement, including the Introduction and the Schedules, as amended or restated from time to time;

Actual Working Capital Statement means the statement to be prepared in accordance with this schedule 9 and in accordance with the pro forma statement as set out in part D of this schedule 9; "Cash" means the cash book balances of the Company, being all cash as at the Completion Date (whether in hand, at the bank or in transit) as at that date together with any cheques or other payments made but not cleared and any deposit or sum received but not cleared less the sums payable under cheques or other payments drawn by the Company and not cashed (and, for the avoidance of doubt, Cash may be a positive or a negative amount) calculated in accordance with the principles set out in part B of this schedule 9 and as extracted from the Completion Accounts and shown in the Actual Net Indebtedness Statement; "Completion Accounts" means the completion accounts to be prepared in accordance with this schedule 9 and in accordance with the pro forma statement as set out in part C of this schedule 9; "Debt" means any indebtedness of the Company to third parties as at the Completion Date (other than trade creditors in the ordinary course of business) (as calculated as at the Completion Date) and any other indebtedness which is: (a) in the nature of borrowings and which shall include all bank borrowings including term loans and overdrafts; (b) a liability in relation to any finance lease or hire purchase agreement money raised pursuant to any debenture, bonds (including bank and insurance bonds), note or loan stock or similar instrument or preference shares or any amount raised by acceptance under any credit facility; and/or (c) comprised of any dividends declared but unpaid by the Company as at the Completion Date,

Actual Working Capital Statement has the meaning set forth in §2(c)(ii).

Actual Working Capital Statement is defined in Section 1.5(c).

Actual Working Capital Statement is defined in Section 1.11(b).

Actual Working Capital Statement has the meaning set forth in Section 1.03(a).