Closing Date Net Working Capital definition

Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).

Closing Date Net Working Capital has the meaning specified in Section 3.4(a).

Closing Date Net Working Capital is defined in Section 2.5(a)(i).

Examples of Closing Date Net Working Capital in a sentence

• Any adjustments made pursuant to this Section 2.8(d) shall be made without duplication of any adjustment made with respect to Closing Date Net Working Capital.

• The Purchase Price Adjustment described in this Section 1.7 shall be based on the Closing Date Net Working Capital Statement as adjusted to take into account the Independent Accounting Firm’s determinations of those matters that are in controversy.

• The Sellers and Purchaser agree that the Purchase Price will be adjusted as of the Effective Time such that (i) if at the Effective Time the Closing Date Net Working Capital is more than the Target, the Purchase Price will be increased by 73.1% of the amount of such excess and (ii) if at the Effective Time the Closing Date Net Working Capital is less than the Target, the Purchase Price will be reduced by 73.1% of the amount of such shortfall.

• No amount shall be included on the Post-Closing Statement, the Estimated Closing Date Net Working Capital or the Closing Date Net Working Capital, in each case, with respect to liabilities for the Outstanding Company Expenses paid in accordance with this Section 3.4. For the avoidance of doubt, no amounts payable in connection with the repayment of the Closing Date Funded Debt Amount shall be included in the Outstanding Company Expenses.

• Unless otherwise stated in Seller’s Offer, this period is three (3) years for new Line Replaceable Units (LRUs), two (2) years for new Portable Maintenance Access Terminal (PMAT) units, ninety (90) days for new components, kits, and accessories, and one (1) year for used or refurbished LRUs or PMAT units.

More Definitions of Closing Date Net Working Capital

Closing Date Net Working Capital means the Net Working Capital of the Group Companies as of immediately prior to the Closing.

Closing Date Net Working Capital means the Net Working Capital as of the Effective Time, as calculated in accordance with the Specified Accounting Principles; provided, however, that, for purposes of calculating the Closing Date Net Working Capital, if the Reference FX Rate is more or less than the FX Range, then the amount of each of the assets and liabilities comprised in the Closing Date Net Working Capital that is valued in Euros shall be converted into Dollars on the basis of the Baseline FX Rate.

Closing Date Net Working Capital means the Net Working Capital as of 11:59 p.m. on the date immediately preceding the Closing Date.

Closing Date Net Working Capital means the Net Working Capital of the Sellers under the Acquisition Agreements as of the Closing Date as determined pursuant to Section 1.7.

Closing Date Net Working Capital means, as of the Effective Time, the Current Assets minus the Current Liabilities, calculated in accordance with the Accounting Principles,

Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.

Closing Date Net Working Capital means the Current Assets as of the Closing Date minus the Current Liabilities as of the Closing Date. Set forth as Exhibit A hereto is an illustrative calculation of the Closing Date Net Working Capital.