Closing Working Capital definition

Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the open of business on the Closing Date.

Closing Working Capital has the meaning set forth in Section 2.4(a).

Closing Working Capital means the Working Capital as of the Effective Time.

Examples of Closing Working Capital in a sentence

• Within one hundred and twenty (120) days following the Closing Date, the Buyer shall prepare and deliver to the Seller a statement (the “Final Closing Statement”) setting forth its good faith calculation of Closing Working Capital determined in accordance with the Accounting Principles (the “Final Working Capital”), and the resulting Closing Working Capital Excess or Closing Working Capital Shortfall (if any).

• Within one hundred and twenty (120) days following the Closing Date, the Buyer shall prepare and deliver to the Sellers a statement (the “Final Closing Statement”) setting forth its good faith calculation of Closing Working Capital determined in accordance with the Accounting Principles (the “Final Working Capital”), and the resulting Closing Working Capital Excess or Closing Working Capital Shortfall (if any).

More Definitions of Closing Working Capital

Closing Working Capital means the Working Capital of the Group at the end of the day immediately preceding Closing based on the Closing Date Balance Sheet;

Closing Working Capital shall have the meaning set forth in Section 3.5(a) hereof.

Closing Working Capital means Working Capital as of 12:01 a.m. prevailing Eastern Time on the Closing Date.

Closing Working Capital means as of 12:01 a.m. on the Closing Date, an amount equal to (a) the aggregate value of the Current Assets of the Company minus (b) the aggregate value of the Current Liabilities of the Company, in each case determined in accordance with GAAP and using the same accounting methods, principles and policies used in the preparation of the Audited Financial Statements.

Closing Working Capital means the Working Capital as of immediately prior to the Closing.

Closing Working Capital shall have the meaning set forth in Section 1.13(c).

Closing Working Capital means the Working Capital of the Company and its Subsidiaries as of the Adjustment Time.