Closing Working Capital Statement definition

Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).

Closing Working Capital Statement has the meaning set forth in Section 3.2(a)(i)(A).

Closing Working Capital Statement has the meaning given to it in Section 1.17(a).

Examples of Closing Working Capital Statement in a sentence

• The Independent Accountant shall only decide the specific items under dispute by the Parties and their decision for each Disputed Amount must be within the range of values assigned to each such item in the Closing Working Capital Statement and the Statement of Objections, respectively.

• The Independent Accountant shall make a determination as soon as practicable within 30 days (or such other time as Buyer and Seller shall agree in writing) after their engagement, and their resolution of the Disputed Amounts and their adjustments to the Closing Working Capital Statement and/or the Post-Closing Adjustment shall be conclusive and binding upon the Parties hereto.

• If Seller fails to deliver the Statement of Objections before the expiration of the Review Period, the Closing Working Capital Statement and the Post-Closing Adjustment, as the case may be, reflected in the Closing Working Capital Statement shall be deemed to have been accepted by Seller.

• Except as otherwise provided herein, any payment of the Post-Closing Adjustment shall (A) be due (x) within five Business Days of acceptance of the applicable Closing Working Capital Statement or (y) if there are Disputed Amounts, then within five Business Days of the resolution described in clause (v) above; and (B) be paid by wire transfer of immediately available funds to such account as is directed by Buyer or Seller, as the case may be.

• On or prior to the last day of the Review Period, Seller may object to the Closing Working Capital Statement by delivering to Buyer a written statement setting forth Seller’s objections in reasonable detail, indicating each disputed item or amount and the basis for Seller’s disagreement therewith (the “Statement of Objections”).

More Definitions of Closing Working Capital Statement

Closing Working Capital Statement. Section 1.5(a)

Closing Working Capital Statement shall have the meaning ascribed to such term in Section 2.9(a).

Closing Working Capital Statement shall have the meaning set forth in Section 2.5(a).

Closing Working Capital Statement has the meaning set forth in Section 2.3(b).

Closing Working Capital Statement means a statement setting forth the Closing Net Working Capital.

Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i). “Code” means the Internal Revenue Code of 1986, as amended.

Closing Working Capital Statement is defined in Section 1.6(a)(i).