Company Net Working Capital Target definition

Company Net Working Capital Target means $2,917,000.

Company Net Working Capital Target means $25,000,000.

Company Net Working Capital Target means working capital of zero that is defined by GAAP as the excess of current assets over current liabilities adjusted to exclude cash as of the Closing Date.

Examples of Company Net Working Capital Target in a sentence

• The date on which such Closing Working Capital Statement is delivered shall be the “Closing Working Capital Delivery Date.” The Closing Working Capital Statement shall be prepared in good faith in conformity with GAAP applied on a basis consistent with the methods used in computing the Company Net Working Capital Target to the extent such methods are in accordance with GAAP.

• In the Event that the Company Net Working Capital as of the Effective Time is greater than the Company Net Working Capital Target, then the Merger Consideration shall be increased by the amount equal to the amount by which the Company Net Working Capital as of the Effective Time exceeds the Company Net Working Capital Target.

• The Department provides an excellent teaching and learning environment for geographers keen to develop their knowledge and skills in these, and other, key areas of the discipline.

• If the Company Estimated Net Working Capital is more than the Company Net Working Capital Target (such difference, the “Company Estimated Net Working Capital Excess”), the aggregate number of shares of Holdco Common Stock issued by Holdco at the Closing pursuant to Section 1.5(b) shall be increased by a number of shares, allocated among the Members pro rata based on each Member’s Pro Rata Share, equal to the absolute value of the Estimated Company Net Working Capital Excess, divided by $0.20 per share.

• If the Company Estimated Net Working Capital is greater than the Company Net Working Capital Target, no adjustments shall be made and no principal amount out of the Notes shall be deposited into the Escrow Account as Working Capital Escrow Funds.

More Definitions of Company Net Working Capital Target

Company Net Working Capital Target means $ 4,000,000.

Company Net Working Capital Target means $1,000,000.00.

Company Net Working Capital Target means $70,069; provided, that in the event that the Closing Date is after February 15, 2015, the Company Net Working Capital Target shall be decreased by $3,333.33 for each day after February 15, 2015 through and including the Closing Date. For purposes of this Agreement, each Member’s “Pro Rata Share” shall be equal to a fraction, expressed as a percentage, equal to the number of Company Membership Units held by such Member as of the Closing, divided by the total number of Company Membership Units held by all Members as of the Closing.

Company Net Working Capital Target means $ -964,220.00.

Company Net Working Capital Target shall have the meaning set forth on Section 2.02 of the Company Disclosure Letter.

Company Net Working Capital Target means $2,917,000. “Company Sensitive Information” has the meaning set forth in Section 3.14(c). “Company Shareholder” means a holder of any Company Stock. “Company Software” has the meaning set forth in Section 3.14(f). “Company Stock” means, as of any time, the Company’s issued and outstanding Equity Interests. “Company Subsidiary” means a Subsidiary of the Company. “Confidential Information” has the meaning set forth in Section 6.12. “Contested Claim” has the meaning set forth in Section 12.5(b). “Continuing Employee” has the meaning set forth in Section 7.3(a). “Contract” means any legally binding written or oral agreement, contract, subcontract, lease, instrument, note, option, warranty, purchase order, license, sublicense, permit, mortgage, guarantee, purchase order, insurance policy, benefit plan or commitment or undertaking of any nature, in each case as amended, supplemented or otherwise modified. “Contribution” has the meaning set forth on Exhibit 2. “Conversion” has the meaning set forth on Exhibit 2. “Copyleft Software” means any software code that is distributed under Open License Terms that: (A) require, as a condition of use, modification, and/or distribution, that other software code incorporated into, derived from or distributed with such software code also be (i) disclosed or distributed in source code

Company Net Working Capital Target means $13,892,322.