Agreed Net Working Capital definition

Agreed Net Working Capital means the working capital of the Company, whether positive or negative, based on the principles set forth in Schedule XII and agreed by the Seller 1, Purchaser, and the Promoter in terms of Clause 4.1(d).
Sample 1Sample 2
Agreed Net Working Capital means an amount of DKK 86,839,956.41.
Sample 1
Agreed Net Working Capital means the amount of 75.000.000,00 € which has been determined by the Parties prior to signature of this Agreement adopting the same formula used for the definition of Net Working Capital.
Sample 1

Examples of Agreed Net Working Capital in a sentence

  • The distribution of the Agreed Net Working Capital Distribution shall not affect the Purchase Price.

  • The Agreed Net Working Capital Distribution may occur anytime before or at Closing.

  • The parties agree that the amount of the Agreed Net Working Capital Distribution is $785,522.00.

  • At or prior to the Closing, the Companies intend to make a distribution to the Sellers of the amount of agreed net working capital on hand as of the close of business on March 31, 2010 ("Agreed Net Working Capital Distribution").

  • The parties agree that the amount of the Agreed Net Working Capital Distribution is $34,096,384.00.

  • It is clarified that in the event the Seller 1, Purchaser and Promoter fail to agree on the Agreed Net Debt and Agreed Net Working Capital within 5 (five) business days of receipt of the Estimated Net Working Capital and Estimated Net Debt in accordance with Clause 4.1 (c), the Estimated Net Working Capital and Estimated Net Debt computation shared by Deloitte shall be referred by the Parties to EY.

  • Buyer acknowledges that customary dividends and distributions will be made by the Company to its shareholders between the Effective Date of this Agreement and the date of the Closing; provided, however, that the Company will maintain an agreed working capital amount of $800,000.00 as of Closing (the "Agreed Net Working Capital").

  • For the purposes of this Agreement, the Agreed Net Working Capital is deemed to be $39,457,000 and is determined pursuant to the Working Capital Model.

  • If the Estimated Closing Net Working Capital is less than the Agreed Net Working Capital, FFMC shall promptly pay such deficiency to Buyer by wire transfer to one or more accounts designated by Buyer.

  • If the Agreed Net Working Capital of the Companies shall be more than $zero, the Remaining Consideration shall be increased by such excess.


More Definitions of Agreed Net Working Capital

Agreed Net Working Capital has the meaning specified in Section 3.2(a).
Sample 1
Agreed Net Working Capital means the Net Working Capital as agreed to by the parties or as determined by the firm of accountants in accordance with Section 2.4;
Sample 1
Agreed Net Working Capital means $4,555,000, the working capital of the Division as agreed by Purchaser and Seller which was determined in the manner described on Schedule I.
Sample 1

Related to Agreed Net Working Capital

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

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Target Net Working Capital means $0.

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • Target Working Capital means $0.

  • Adjusted Working Capital means the remainder of (a) the consolidated current assets of the Obligors minus the amount of cash and cash equivalents included in such consolidated current assets, minus (b) the consolidated current liabilities of the Obligors minus the amount of consolidated short-term Debt (including current maturities of long-term Debt) of the Obligors included in such consolidated current liabilities.

  • Working Capital means, with respect to the Borrower and the Subsidiaries on a consolidated basis at any date of determination, Current Assets at such date of determination minus Current Liabilities at such date of determination; provided, that, for purposes of calculating Excess Cash Flow, increases or decreases in Working Capital shall be calculated without regard to any changes in Current Assets or Current Liabilities as a result of (a) any reclassification in accordance with GAAP of assets or liabilities, as applicable, between current and noncurrent or (b) the effects of purchase accounting.

  • Actual Working Capital has the meaning set forth in Section 2.7(a).

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

  • Consolidated Working Capital means, as at any date of determination, the excess of Current Assets over Current Liabilities.

  • Base Working Capital means $25,000,000.

  • Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).

  • Final Working Capital has the meaning set forth in Section 2.04(b).

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the open of business on the Closing Date.

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Target Net Working Capital Amount means $5,000,000.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Working Capital Assets has the meaning as set forth in the Recitals of this Agreement.

  • Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).

  • Net Working Capital Target means $0.00.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Target Working Capital Amount means $75,000,000.