Closing Working Capital Adjustment Amount definition

Closing Working Capital Adjustment Amount means the dollar amount, which may be a negative or positive number, equal to the Closing Working Capital Amount minus the Working Capital Target.

Closing Working Capital Adjustment Amount means an amount of Working Capital equal to the difference (to the extent positive) of (i) the amount of Working Capital reflected on the Balance Sheet, minus (ii) the amount of Working Capital set forth on the Pre-Closing Balance Sheet.

Closing Working Capital Adjustment Amount means the amount equal to (a) the Closing Net Working Capital Amount less (b) the Closing Target Net Working Capital Amount (which amount may be a positive or negative number).

Examples of Closing Working Capital Adjustment Amount in a sentence

• On the Closing Date, the Sellers shall pay to the Purchaser, in cash, an amount equal to the Closing Working Capital Adjustment Amount.

• In addition, peer commenting has been shown to raise learners’ awareness of their own strengths and weaknesses, which will encou- rage collaborative learning, providing them with more control and autonomy (Hyland & Hyland, 2006).

• If the Estimated Closing Working Capital Adjustment Amount is negative or zero, the "Initial Canada Purchase Price" and the "Initial USA Purchase Price" shall each be zero.

• For purposes of clarification, DEI and Seller may examine the accuracy of any matter described in the Adjustment Statement and submit the Adjustment Statement Objection regardless of whether Buyer's estimated Final Closing Working Capital Adjustment Amount or estimated Final Subsequent Closing Working Capital Adjustment Amount set forth in the Adjustment Statement is positive, negative or zero.

• If the sum of the Estimated Closing Working Capital Adjustment Amount plus the Post-Closing Adjustment Amount is negative or zero, the "Final Canada Purchase Price" and the "Final USA Purchase Price" shall each be zero.

More Definitions of Closing Working Capital Adjustment Amount

Closing Working Capital Adjustment Amount means an amount (which may be positive or negative) equal to: (a) if Estimated Closing Working Capital is less than or equal to the Working Capital Ceiling, but greater than or equal to the Working Capital Floor, then zero, (b) if Estimated Closing Working Capital is greater than the Working Capital Ceiling, then Estimated Closing Working Capital minus the Working Capital Ceiling and (c) if Estimated Closing Working Capital is less than the Working Capital Floor, then Estimated Closing Working Capital minus the Working Capital Floor.

Closing Working Capital Adjustment Amount means an amount, which may be positive (if Closing Working Capital exceeds the Working Capital Target), negative (if Closing Working Capital is less than the Working Capital Target) or zero (if Closing Working Capital equals the Working Capital Target), equal to Closing Working Capital minus the Working Capital Target.

Closing Working Capital Adjustment Amount means (a) the amount (expressed as a negative number) by which the Closing Working Capital is less than the lowest number in the Closing Working Capital Range, if the amount of Closing Working Capital is less than the lowest number in the Closing Working Capital Range, (b) the amount (expressed as a positive number) by which the amount of Closing Working Capital is greater than highest number in the Closing Working Capital Range, if the amount of Closing Working Capital is greater than the highest number in the Closing Working Capital Range, and (c) zero dollars ($0) if the Closing Working Capital is within the Closing Working Capital Range.

Closing Working Capital Adjustment Amount means, as applicable, the Positive Closing Working Capital Adjustment Amount or the Negative Closing Working Capital Adjustment Amount.

Closing Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Working Capital minus (b) the Target Working Capital, not to exceed $100,000,000.

Closing Working Capital Adjustment Amount means the amount, which may be positive or negative, equal to (A) Closing Working Capital, minus (B) the average Working Capital over the four most recently completed fiscal quarters as of the Effective Time (the “Historical Average Working Capital”), plus (C) the Seattle Cash, minus (D) Seattle Indebtedness (the Closing Working Capital, the Historical Average Working Capital, the Seattle Cash and the Seattle Indebtedness, collectively, the “Adjustment Amounts”)

Closing Working Capital Adjustment Amount means (a) if Closing Working Capital exceeds the Target Working Capital by more than $122,254.20 (an amount equal to the Target Working Capital plus such amount shall be the “ Upper Working Capital Target ”), an amount equal to (i) Closing Working Capital minus(ii) the sum of $122,254.20 plus the Target Working Capital; (b) if the Target Working Capital exceeds Closing Working Capital by more than $122,254.20 (an amount equal to the Target Working Capital minus such amount shall be the “Lower Working Capital Target”), an amount (expressed as a negative number) equal to (i) the Target Working Capital minus (ii) the sum of $122,254.20, plus the Closing Working Capital; and (c) in any other case, zero ($0); provided, however, in no event shall the amount paid by Buyer to Sellers or owed by Sellers to Buyer, as the case may be, exceed the Purchase Price Adjustment Escrow Amount.