Base Net Working Capital Amount definition

Base Net Working Capital Amount means One Million Dollars ($1,000,000).
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Base Net Working Capital Amount means $5,000,000. For the avoidance of doubt, the Base Net Working Capital Amount does not include the Company’s payment obligations under Section 8.1(k).
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Base Net Working Capital Amount. (a) of the Agreement is amended to define “Base Net Working Capital Amount” as $64 million ($64,000,000). The amount set forth opposite “Plus Adjustment Agreed Upon By the Parties**” on Exhibit A of the Agreement shall be $17,405, which amount, for the avoidance of doubt, shall refer to an actual amount equal to $17,405,000.
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Examples of Base Net Working Capital Amount in a sentence

  • The Estimated Closing Cash Purchase Price will be adjusted (i) downwards on a dollar-for-dollar basis to the extent that the Adjusted Closing Net Working Capital, as shown on the Estimated Closing Balance Sheet, is below the Base Net Working Capital Amount and (ii) upwards on a dollar-for-dollar basis to the extent that the Adjusted Closing Net Working Capital is above the Base Net Working Capital Amount.

  • If the Estimated Net Working Capital is less than the Base Net Working Capital Amount, then the Closing Payment payable to the Sellers at the Closing shall be reduced dollar for dollar by an amount equal to the amount by which the Base Net Working Capital Amount exceeds the Estimated Net Working Capital.

  • If the value of the Estimated Net Working Capital exceeds the Base Net Working Capital Amount, then the Closing Payment payable to the Sellers at the Closing shall be increased dollar for dollar by an amount equal to the amount by which the Estimated Net Working Capital exceeds the Base Net Working Capital Amount.

  • The resulting calculation of the difference between Estimated Net Working Capital and the Base Net Working Capital Amount shall be the “Net Working Capital Estimated Adjustment”.

  • If the Final Net Working Capital Amount (as determined in accordance with Section 1.2(d) above) is less than the Base Net Working Capital Amount, Seller shall, within three (3) business days following the date of such determination, pay to Buyer an amount equal to such difference.


More Definitions of Base Net Working Capital Amount

Base Net Working Capital Amount means an amount equal to $73,798,112.
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Base Net Working Capital Amount means an amount equal to Eight Hundred Fifty-Eight Thousand Six Hundred Eighty-Nine Dollars ($858,689).
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Base Net Working Capital Amount means an amount equal to Five Million ($5,000,000) Dollars.
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Base Net Working Capital Amount means the predictive aggregate amount of Net Working Capital of the Company’s Group as set forth in Part A of Schedule 9.
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