Benchmark Net Working Capital definition

Benchmark Net Working Capital means $11,564,515.

Benchmark Net Working Capital means the amount of Net Working Capital of the Consolidated Sold Companies as of August 31, 2009 included in the Benchmark Net Working Capital Statement.

Benchmark Net Working Capital means USD *** (United States Dollar ***);

Examples of Benchmark Net Working Capital in a sentence

• If the Benchmark Net Working Capital is greater than the Estimated Net Working Capital, the difference between the Benchmark Net Working Capital and the Estimated Net Working Capital shall be deducted from the Cash Consideration paid at the Closing.

• The Closing Working Capital Statement shall be prepared on a combined basis in conformity with accounting principles generally accepted in the United States of America ("GAAP"), applied on a basis consistent with the Audited Financial Statements, and shall be prepared on a basis consistent with, and reflecting all adjustments reflected on, the statement of net working capital of the Dresser-Rand Group as set forth in Section 1.4(a) of the Disclosure Schedule (the "Benchmark Net Working Capital Statement").

• If the Estimated Net Working Capital is greater than the Benchmark Net Working Capital, the difference between the Estimated Net Working Capital and the Benchmark Net Working Capital shall be added to the Cash Consideration paid at the Closing.

• The Closing Net Working Capital Statement shall be prepared on a combined basis in accordance with GAAP (subject to the exceptions described in Schedule 2.6(a)), applied on a basis consistent with the Audited Financial Statements and, except as set forth on Schedule 2.6(a), prepared on a basis consistent with, and reflecting, all adjustments reflected on the Benchmark Net Working Capital Statement and eliminating the effect of currency fluctuations since December 31, 2001.

• If the Benchmark Net Working Capital is greater than the Estimated Net Working Capital, the difference between the Benchmark Net Working Capital and the Estimated Net Working Capital shall be deducted from the Initial Cash Consideration paid at the Closing.

More Definitions of Benchmark Net Working Capital

Benchmark Net Working Capital means $8,000,0000.

Benchmark Net Working Capital means INR 1,060 million which amount has been calculated as of 12.01 a.m. local time in Mumbai, Maharashtra, India as of March 31, 2010, on a combined basis in accordance with GAAP applied on a basis consistent with the Financial Statements and the Business Financial Statements and the principles set forth on S chedule 3.2(b), which such S chedule 3.2(b) expressly provides the extent to which any principles included thereon are not consistent with GAAP;

Benchmark Net Working Capital means $250,000,000 (Two-Hundred Fifty Million Dollars), but if the ISF Business is acquired prior to Closing, the Benchmark Net Working Capital means $251,800,000.

Benchmark Net Working Capital means INR 1,060 million which amount has been calculated as of 12.01 a.m. local time in Mumbai, Maharashtra, India as of March 31, 2010, on a combined basis in accordance with GAAP applied on a basis consistent with the Financial Statements and the Business Financial Statements and the principles set forth on Schedule 3.2(b), which such Schedule 3.2(b) expressly provides the extent to which any principles included thereon are not consistent with GAAP;

Benchmark Net Working Capital has the meaning set forth in Appendix I.

Benchmark Net Working Capital means INR 144,000,000 (Indian Rupees One hundred forty four million);

Benchmark Net Working Capital calculation Exhibit 1.1