Base Working Capital Amount definition

Base Working Capital Amount shall have the meaning set forth in Section 5.12 of the Merger Agreement.
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Base Working Capital Amount means (pound)(7,434,000) (negative seven million, four hundred and thirty four thousand pounds Sterling), being the amount equal to (x) Base Working Capital Assets minus (y) Base Working Capital Liabilities, as set out on the March Balance Sheet and the Base Working Capital Schedule;
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Base Working Capital Amount. Section 5.12.1 “CDAPCA” Section 3.7.2 “Certificates” Section 2.2.2 “Closing” Recitals
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Examples of Base Working Capital Amount in a sentence

  • However, in the event that Parent believes, in its sole and absolute discretion, that (i) the Closing Cash Amount is greater than or equal to the Estimated Cash Amount, (ii) the Working Capital Amount as of the Closing Date is greater than or equal to 80% of the Base Working Capital Amount and (iii) the MDA Liabilities as of the Closing Date are less than or equal to the Estimated MDA Liabilities, then Parent shall pay or cause to be paid as promptly as practicable the Cash/Holdback Payment Amount.

  • The Estimated Working Capital Amount shall not be less than 80% of the Base Working Capital Amount.

  • ITS, Acquisition Sub and Seller also acknowledge that the accounts receivable amount of $746,759 which is part of the Base Working Capital Amount is net of the $25,000 Carizzo Reserve Amount, and that the accounts receivable in the Closing Date Balance Sheet shall be reduced to take into account the $25,000 Carizzo Reserve Amount as part of determining the Working Capital as of the date of this Agreement.

  • The Base Working Capital Amount is based upon the following amounts: (1) accounts receivable of $746,759; (2) deferred product costs, current portion of $511,446; (3) long-term deferred product costs of $519,516; (4) prepaid expenses and other current assets of $38,333; (5) fixed assets of $175,459; and (6) other long-term assets - $36,844.

  • KPMG shall settle any disputes regarding either the Closing Working Capital Amount or the Base Working Capital Amount separately.


More Definitions of Base Working Capital Amount

Base Working Capital Amount means $0.00.
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Base Working Capital Amount means $5,400,000.00.
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Base Working Capital Amount means the average of the December 2014 Working Capital Amount and the September 2015 Working Capital Amount (the “Reference Working Capital”), plus $650,000,000, plus, if applicable:
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Base Working Capital Amount means the average of the December 2014 Working Capital Amount and the September 2015 Working Capital Amount.
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Base Working Capital Amount means $0.
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Base Working Capital Amount means $4,631,942 (as set forth on the Initial Working Capital Statement).
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Base Working Capital Amount means $58,000,000.
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