Examples of Closing Net Working Capital Overage in a sentence
The amount of the Estimated Closing Net Working Capital Overage (if any) determined to be due and owing to Sellers pursuant to the Estimated Closing Statement shall be paid by Buyer at the Closing pursuant to Section 2.01.
Any such amounts determined to be payable pursuant to the Final Closing Statement shall be paid to either Sellers (in the case of a Final Closing Net Working Capital Overage) or Buyer (in the case of a Final Closing Net Working Capital Shortage) pursuant to Section 3.03(e) (the “Final Closing Payment”).
After the Closing, the parties will determine the Closing Net Working Capital Overage (if any) or Closing Net Working Capital Shortage (if any), and make such payments as provided in Section 2.06.
Upon delivery of the Final Closing Statement, Purchaser will provide to Sellers and their representatives reasonable access to the books and records of the Company, to the extent reasonably related to the evaluation of the Closing Balance Sheet and the (i) calculation of the Closing Net Working Capital and Closing Net Working Capital Overage (if any) or Closing Net Working Capital Shortage (if any) and (ii) determination of the Closing Cash.
After the Closing, the parties will determine the Closing Net Working Capital Overage, if any, or Closing Net Working Capital Shortage, if any, of the HB Target Companies, and make such payments as provided in Section 2.06.
In addition, and not in limitation of any other provision of this Agreement, the Company shall use its good faith efforts to distribute, or cause to be distributed, to the Holdings Stockholder prior to Closing cash or cash equivalents in an amount necessary to eliminate any excess of the Estimated Closing Net Working Capital Overage (if any) over the amount of the Estimated Holdings’ Indebtedness (the cash or cash equivalents so distributed, the “Excess Working Capital Payment”).
After the Closing, the parties will determine the Closing Net Working Capital Overage, if any, or Closing Net Working Capital Shortage, if any, of the RHA Target Companies, and make such payments as provided in Section 2.06.
The amount of the Estimated Closing Net Working Capital Overage (if any) determined to be due and owing to Sellers pursuant to the Estimated Closing Statement shall be paid by Buyer at the Closing pursuant to S ection 2.01.