Closing Working Capital Excess definition

Closing Working Capital Excess means the amount by which the Closing Working Capital exceeds $14,098,000; provided, that, if the Closing Working Capital is within the Working Capital Collar, then the Closing Working Capital Excess for purposes of this Agreement shall be deemed to equal $0.

Closing Working Capital Excess means the amount by which Estimated Working Capital exceeds Target Working Capital.

Closing Working Capital Excess means the amount by which the Closing Working Capital exceeds the Estimated Working Capital.

Examples of Closing Working Capital Excess 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 Excess

Closing Working Capital Excess has the meaning set forth in Section 2.04(a).

Closing Working Capital Excess means the amount by which the Closing Working Capital exceeds the Estimated Working Capital; provided, however, that the Closing Working Capital Excess shall only be payable in the event that (a) there was an Estimated Working Capital Shortfall and (b) the Closing Working Capital (as finally determined pursuant to Section 3.3) is greater than the Estimated Working Capital, in which case, for all purposes hereunder, the amount of such excess shall be equal to the amount by which the Closing Working Capital exceeds the Estimated Working Capital (up to the amount of the Estimated Working Capital Shortfall that was deducted from the Purchase Price).

Closing Working Capital Excess means the amount, if any, by which Closing Working Capital exceeds the Closing Working Capital

Closing Working Capital Excess means the amount, if any, by which the Closing Working Capital Amount (as finally determined in accordance with Section 1.4) exceeds zero.

Closing Working Capital Excess is defined in Section 1.9(d)(i)(B).

Closing Working Capital Excess means (a) with respect to the Ardagh Purchased Entities, the amount, if any, by which the Closing Working Capital Amount of the Ardagh Purchased Entities exceeds the Target Closing Working Capital Amount of the Ardagh Purchased Entities and (b) with respect to the Exal Purchased Entities, the amount, if any, by which the Closing Working Capital Amount of the Exal Purchased Entities exceeds the Target Closing Working Capital Amount of the Exal Purchased Entities.

Closing Working Capital Excess means the amount, if any, by which Closing Working Capital exceeds Target Closing Working Capital. “Closing Working Capital Shortfall” means the amount, if any, by which Closing Working Capital is less than Target Closing Working Capital. “COBRA” means Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, the Health Insurance Portability and Accountability