Actual Working Capital Statement definition

Actual Working Capital Statement shall have the meaning given to such term in Section 2.2.3.2 herein.
Sample 1Sample 2Sample 3
Actual Working Capital Statement means a statement setting out the Actual Working Capital Amount, in the form set out in Part 3(b) of Schedule V.
Sample 1Sample 2
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;
Sample 1Sample 2

Examples of Actual Working Capital Statement in a sentence

  • There is a Bakassi Commission lodged at level of the Prime Minister’s Office which spearheads all development projects within the peninsular.II.1.2 Demographic situationFigures from the Bureau of Census and Population Studies indicate the population at two thousand nine hundred and fifty eight (2.958) inhabitants of whom there are 1.830 men and1.128 women.

  • The Actual Working Capital Statement shall be accompanied by a reasonably detailed overview of Buyer's calculations resulting in the Actual Working Capital, and by a reasonably detailed list of each Account Payable included in the Actual Working Capital Statement.

  • 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.

  • 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 Audit Firm shall, acting as an expert and not as an arbitrator, determine in accordance with this Agreement, and only with respect to the remaining differences so submitted, whether and to what extent, if any, the Actual Working Capital Statement requires adjustment.

  • The Actual Working Capital Statement shall be prepared in accordance with GAAP.

  • If Seller objects to the Actual Working Capital Statement it shall inform Purchaser in writing (an “Objection”), setting forth a specific and detailed description of the basis of the Objection and an Actual Working Capital Statement reflecting the adjustments to the amount of the Actual Working Capital which it believes should be made, which Objection must be delivered to Purchaser on or before the last day of such thirty 30 day period.

  • In accordance with the categorisations shown in the Spreadsheet, each of the Actual Cash Amount, Actual Debt Amount and Actual Working Capital Amount shall only include the assets and liabilities as set out in the respective relevant constituent line items identified therein (and Actual Cash Statement, Actual Debt Statement and Actual Working Capital Statement, as applicable) and no other categories of assets or liabilities shall be included in respect of any of them.

  • The Shareholder shall have a thirty day period to review the Actual Working Capital Statement and during such period, upon reasonable request, the Buyer shall share its work papers with the Shareholder or its professional advisers and to make itself reasonably available to the Shareholder and its professional advisers for the Shareholder’s review of the Actual Working Capital.

  • Data from the questionnaires were analysed using percentage and frequencies, as well as using mean scores and standard deviation (SD) in order to conduct data interpretation.


More Definitions of Actual Working Capital Statement

Actual Working Capital Statement a statement (in the form contemplated by part 5 of Schedule 5 (Accounting Policies)) setting out (i) the Actual Working Capital Amount and (ii) the Working Capital Excess or the Working Capital Shortfall (as applicable), as agreed or determined in accordance with Schedule 4 (Effective Time Statements); this “Agreement” this share purchase agreement, including the Introduction, the Schedules and the Annexures, as amended or restated from time to time;
Sample 1
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,
Sample 1
Actual Working Capital Statement is defined in Section 1.5(c).
Sample 1
Actual Working Capital Statement is defined in Section 1.11(b).
Sample 1
Actual Working Capital Statement has the meaning set forth in Section 1.03(a).
Sample 1
Actual Working Capital Statement has the meaning set forth in §2(c)(ii).
Sample 1

Related to Actual Working Capital Statement

  • Final Working Capital Statement has the meaning set forth in Section 2.04.

  • Working Capital Statement has the meaning set forth in Section 2.3(a).

  • Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • Current Financial Statements has the meaning given to such term in Section 5.9.

  • Applicable Financial Statements means, as at any date, the most-recent audited financial statements of the Borrower delivered to the Lenders; provided that if immediately prior to the delivery to the Lenders of new audited financial statements of the Borrower a Material Adverse Change (the “Pre-existing MAC”) shall exist (regardless of when it occurred), then the “Applicable Financial Statements” as at said date means the Applicable Financial Statements in effect immediately prior to such delivery until such time as the Pre-existing MAC shall no longer exist.

  • Target Financial Statements has the meaning set forth in Section 3.4.

  • Final Statement means the statement defined in Sub-Clause 14.11 [Application for Final Payment Certificate].

  • Financial Statement has the meaning set forth in Section 4(g) below.

  • Audited financial statement means a financial statement audited by an outside accounting firm.

  • Monthly Financial Statements is defined in Section 6.2(c).

  • Most Recent Financial Statements has the meaning set forth in Section 4(g) below.

  • Seller Financial Statements has the meaning set forth in Section 3.5(a).

  • Buyer Financial Statements shall have the meaning set forth in Section 4.6.

  • Audited Financial Statements means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2012, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the Borrower and its Subsidiaries, including the notes thereto.

  • Pro Forma Financial Statements shall have the meaning set forth in Section 5.5(b) hereof.

  • Financial Statement Date means December 31, 1999.

  • Unaudited Financial Statements has the meaning set forth in Section 3.4(a).

  • Parent Financial Statements has the meaning set forth in Section 4.6(a).

  • Annual Statement means the annual statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation, which statement shall be in the form required by such Insurance Subsidiary’s jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing annual statutory financial statements and shall contain the type of information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.

  • Interim Financial Statements has the meaning set forth in Section 3.06.

  • Statutory Financial Statements means, with respect to any Party, the annual and quarterly statutory financial statements of such Party filed with the Governmental Body charged with supervision of insurance companies in the jurisdiction of domicile of such Party to the extent such Party is required by Applicable Law to prepare and file such financial statements.

  • Company Financial Statements has the meaning set forth in Section 3.6(a).

  • Year-End Financial Statements has the meaning set forth in Section 3.06.

  • Company Audited Financial Statements has the meaning set forth in Section 3.11.

  • Consolidated Financial Statements means, with respect to any Person, collectively, the consolidated financial statements and notes to those financial statements, of that Person and its Consolidated Subsidiaries prepared in accordance with GAAP.