Completion Net Working Capital definition

Completion Net Working Capital means the sum of all the line items included in the column headed “Net Working Capital” in the Completion Statement;

Completion Net Working Capital means net working capital of the Companies at the Completion Date, as shown in line item 10 of the Completion Net Working Capital Statement;

Completion Net Working Capital means the Net Working Capital as of the Adjustment Calculation Time;

Examples of Completion Net Working Capital in a sentence

• Actual Completion Net Working Capital is defined in Schedule 5 Adjustment Amount the amount (if any) by which the Actual Completion Net Working Capital differs from the Reference Net Working Capital.

• Official property records (or a Rolling Stock Status Report), in which future needs (expansion and replacement) are discussed, must be available upon request.

• Actual Completion Net Working Capital an amount equal to the net working capital (being total assets less total liabilities), as set out in the final Completion Accounts (as adjusted by the Expert’s Report, if applicable).

• The Completion Net Working Capital Statement will be prepared in the format set out in the proforma statement of net working capital attached as Part 3 of this Schedule and will include all elements of the Actual Net Working Capital definition and of any Cash Excess or any Cash Shortfall and of any amounts for which a Claim can be made or is otherwise payable pursuant to Clause 4.4.2.

• The Completion Net Debt, the Completion Net Working Capital and the Final Disposal Consideration shall be the relevant amount set out in the final Completion Net Debt statement and the final Completion Net Working Capital statement, which are either agreed upon by MSMH’s representatives and the Purchaser or failing which, determined by the Independent Accountants (in the absence of manifest error) and shall be binding on the parties.

• If the Estimated Completion Net Working Capital of the Company is more than $140,000 then the purchase price will be increased at Completion by the amount that the Net Working Capital of the Company is more than $140,000.

• The Completion Net Working Capital Statement The Purchaser shall, as soon as practicable and in any event within 30 Business Days following Completion, draw up a Completion Net Working Capital Statement.

• However, Licensor warrants that, as of the execution date hereof, there are no patents or patent applications owned or controlled by Licensor, other than those within the Licensed Patent Rights, which would dominate the manufacture, use or sale of Licensed Products.

• The Completion Net Working Capital Statement will be prepared on the basis that it relates to each of the Company and the Subsidiary as a going concern and exclude any effects of the change of control or ownership of any of them contemplated by this Agreement.

• The Buyer will, as soon as reasonably practicable after the Completion Date, review the Completion Net Working Capital Statement on the basis of preparation set out in Part 1 of this Schedule.

More Definitions of Completion Net Working Capital

Completion Net Working Capital has the meaning given to it in paragraph 1 of Schedule 7;

Completion Net Working Capital shall have the meaning set out in Section 3.3 below;

Completion Net Working Capital means, in respect of the Company, its Net Working Capital as at the close of business on the Completion Date, as derived from the Completion Net Working Capital Statement;