Assumed Net Working Capital definition

Assumed Net Working Capital has the meaning set forth in Section 1.8 (a).
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Assumed Net Working Capital means the sum of (x) the aggregate value of the Acquired Inventory (but excluding any Acquired Inventory within the Specified NWC SKUs) plus operating supplies and spare parts, determined on a consolidated basis, without duplication, as of the Reference Time in accordance with the Accounting Principles, and (y) the Aggregate SKU-Level Excess (if any).
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Assumed Net Working Capital means $10,000,000.
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Examples of Assumed Net Working Capital in a sentence

  • If the Net Working Capital as reflected on the Final Working Capital Statement is greater than the Assumed Net Working Capital (i.e., the Assumed Net Working Capital is -$719,730 or either a lesser negative number or zero or a positive number) (the amount of such excess is hereinafter referred to as the "Working Capital Surplus"), LabOne shall pay to ChoicePoint, on a dollar for dollar basis, an amount equal to the Working Capital Surplus.

  • If the Estimated Net Working Capital is less than the Assumed Net Working Capital (the amount by which the Assumed Net Working Capital exceeds the Estimated Net Working Capital being referred to herein as the “Estimated Net Working Capital Deficit”), then the Base Purchase Price shall be decreased pursuant to Section 1.2 by an amount equal to the Estimated Net Working Capital Deficit.

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  • If the Estimated Net Working Capital is greater than the Assumed Net Working Capital (the amount by which the Estimated Net Working Capital exceeds the Assumed Net Working Capital being referred to herein as the “Estimated Net Working Capital Excess”), then the Base Purchase Price shall be increased pursuant to Section 1.2 by an amount equal to the Estimated Net Working Capital Excess.

  • Promptly upon the determination of the Net Working Capital, if it is more or less than the Assumed Net Working Capital, the Purchase Price shall be increased (dollar-for-dollar) by the amount of any excess amount or reduced (dollar for dollar) by any shortfall amount, as the case may be.

  • If the amount of Net Working Capital as at the close of business on the day prior to the Closing is less than the Assumed Net Working Capital, Buyer shall be entitled to indemnification for such deficiency, dollar for dollar, without regard to the Threshold Amount or the Minimum Threshold, from the Escrow Amount pursuant to the terms of the Escrow Agreement.

  • If the Estimated Net Working Capital is greater than the Assumed Net Working Capital (the amount of such excess is hereinafter referred to as the "Estimated Working Capital Surplus"), the Buyer shall add to the Cash Equity Amount, on a dollar for dollar basis, the Estimated Working Capital Surplus.

  • Vessels engaged in navigation on the Great Lakes are subject to application of seasonal international marks as specified in Part 45 of this subchapter.

  • The amount of the Unadjusted Consideration is determined, in part, on the assumption the Net Working Capital of the Company will be negative Five Million Six Hundred Thirty Eight Thousand Dollars (-$5,638,000) (the "Assumed Net Working Capital").

  • The parties hereto acknowledge that the Purchase Price assumes that the Assets include net working capital ("Assumed Net Working Capital") of Thirteen Million Eight Hundred Thousand Dollars ($13,800,000).


More Definitions of Assumed Net Working Capital

Assumed Net Working Capital has the meaning set forth in Section 3.4(c).
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Assumed Net Working Capital means $6,250,000.00
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Assumed Net Working Capital means a negative $2,000,000 (which is a net liability).
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Related to Assumed Net Working Capital

  • Target Net Working Capital means $0.

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

  • Target Working Capital means $0.

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

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

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

  • 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).

  • 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.

  • 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.

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

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

  • 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.

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

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

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

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

  • 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.

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

  • Net Working Capital Target means $0.00.

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

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

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

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

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

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

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