Baseline Net Working Capital definition

Baseline Net Working Capital means Thirty Five Million Dollars ($35,000,000).

Baseline Net Working Capital means $52,500,000.

Baseline Net Working Capital is defined in Section 2.3(b).

Examples of Baseline Net Working Capital in a sentence

• Within 60 days after the Closing Date, the Purchaser shall prepare and deliver to the Seller a statement (the “Post-Closing Adjustment”) setting forth in reasonable detail its calculation of Net Working Capital (the “Final Net Working Capital”) prepared in accordance with the policies and procedures used in the preparation of the Baseline Net Working Capital as set forth on Section 2.10 of the Seller Disclosure Schedule.

• The Purchase Price shall be (a) increased by the amount, if any, that the Preliminary Net Working Capital exceeds the Baseline Net Working Capital or (b) decreased by the amount, if any, that the Baseline Net Working Capital exceeds the Preliminary Net Working Capital.

• In the event the Closing Date Net Working Capital is more than the Baseline Net Working Capital, the Purchaser shall be required to pay to the Seller the amount by which the Closing Date Net Working Capital exceeds the Baseline Net Working Capital.

• The “Cash Consideration” shall be equal to $30,100,000 plus any Substitute Cash Payment, plus or minus, as applicable, the dollar amount, if any, by which the Final Net Working Capital is greater than or less than the Baseline Net Working Capital, minus the Uncollected Receivables Amount as of the Receivables True-up Date.

• Acts or omissions of the Receivership Entities and Receiver may give rise to Claims against the Receivership Estate that must be filed by the applicable Claims Bar Date notwithstanding that such Claims may not have matured or become fixed or liquidated prior to such Claims Bar Date.

More Definitions of Baseline Net Working Capital

Baseline Net Working Capital means $8,500,000.

Baseline Net Working Capital means $22,112,237, subject to the provisions of Section 2.5(f).

Baseline Net Working Capital means the amount set forth as the line item for “Baseline Net Working Capital” on Section 1.01(a) of the Disclosure Schedules.

Baseline Net Working Capital means an amount equal to the amount outstanding on the Line of Credit on the Closing Date plus $200,000.

Baseline Net Working Capital shall be $36,350,000 (Thirty Six Million Three Hundred Fifty Thousand Dollars), as such amount may be reduced in accordance with Section 9.02(o) hereof and (ii) “Net Working Capital Adjustment Amount” shall mean and be equal to the difference between Net Working Capital and the Estimated Net Working Capital, whether such difference is a positive or a negative number. Schedule 2.09(a)(iv) annexed hereto sets forth, for illustrative purposes only, an example of the calculation of Net Working Capital as of September 30, 2006.

Baseline Net Working Capital means One Million Two Hundred Twenty-nine Thousand Five Hundred Fifty-seven Dollars ($1,229,557).

Baseline Net Working Capital means $49.6 million. Baseline Silviculture Liability. “Baseline Silviculture Liability” means $3.8 million.