Baseline Working Capital means $36,987,000 as calculated in the manner set forth on Exhibit B.

Baseline Working Capital means $6,500,000.

Baseline Working Capital means $-138,643,000, with the calculations setting forth the Baseline Working Capital set forth on Schedule 2.3(a).

Examples of Baseline Working Capital in a sentence

The Baseline Working Capital for each of the GPP Business and the EFP Business is set forth on Schedule 2.3.
If the Adjustment Amount, as finally determined, reflects that the amount of Net Working Capital shown on the Closing Date Balance Sheet is greater than the Baseline Working Capital, then Buyer shall pay to Seller the Adjustment Amount, plus interest on such amount from (and including) the Closing Date to (but excluding) the date of payment at the Prime Rate.
For the avoidance of doubt, if the amount of Net Working Capital shown on the Closing Date Balance Sheet is greater than the Baseline Working Capital, the Base Purchase Price will be effectively increased by the Adjustment Amount and if the amount of Net Working Capital shown on the Closing Date Balance Sheet is less than the Baseline Working Capital, the Base Purchase Price will be effectively decreased by the Adjustment Amount.
If the Adjustment Amount, as finally determined, reflects that the amount of Net Working Capital shown on the Closing Date Balance Sheet is less than the Baseline Working Capital, then Seller shall pay to Buyer the Adjustment Amount, plus interest on such amount from (and including) the Closing Date to (but excluding) the date of payment at the Prime Rate.
Such payables of Eoxo and the corresponding receivable of Sellers or their Affiliates shall not be included in Baseline Working Capital or in Final Working Capital.

More Definitions of Baseline Working Capital

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

Baseline Working Capital means $7,650,000.

Baseline Working Capital as defined in Section 2.3(b).

Baseline Working Capital means an amount equal to $***.

Baseline Working Capital means $14,200,000.

Baseline Working Capital is equal to the sum of the Adjusted Working Capital as of the end of each of the twelve months ending on the latest calendar month prior to the Closing for which a balance sheet of the Company has been prepared and delivered to Dow Xxxxx and Reuters (calculated before giving effect to the transactions contemplated by the Formation and Contribution Agreement and provided that any intercompany accounts between the Company and its subsidiaries, on the one hand, and NewCo and its subsidiaries, on the other hand, are eliminated through consolidation) divided by twelve, and then multiplied by the Unit Allocation. The agreed Adjusted Working Capital amounts as at the end of each of the twelve calendar months preceding the date of this agreement are set out on Schedule II hereto.

Baseline Working Capital means an amount equal to Four Million Dollars ($4,000,000).