Completion Working Capital Amount means the actual Working Capital Amount as at the Completion Accounts Date, as shown on the Working Capital Statement.

Completion Working Capital Amount has the meaning given in paragraph 1.1 of Schedule 6;

Completion Working Capital Amount means the amount of the Working Capital as at the Completion Date as shown in the Completion Accounts and agreed, deemed agreed or determined (as the case may be) pursuant to clause 4. Conditions means the conditions referred to in clause 5.1 and set out in Schedule 2.

Examples of Completion Working Capital Amount in a sentence

If the Completion Working Capital Amount is greater than the Reference Working Capital Amount, the Purchaser shall pay the amount of the difference to the Vendor by way of adjustment to the consideration for the BHL Shares.
If the Completion Working Capital Amount is less than the Reference Working Capital Amount, then the Vendor shall pay the amount of the difference to the Purchaser by way of adjustment to the consideration for the BHL Shares.
The Buyer and its accountants shall have a period of 90 Business Days from Completion (the “Review Period”) within which to review the draft Completion Accounts and Completion Statement and all of the documents requested by the Buyer in accordance with clause 4.8 and to satisfy itself that they have been duly prepared in accordance with this Agreement and that the value of the Completion Working Capital Amount and any Shortfall Amount or Excess Amount have been correctly calculated.

More Definitions of Completion Working Capital Amount

Completion Working Capital Amount means the amount shown as such in the Completion Working Capital Statement;

Completion Working Capital Amount means Completion Net Assets less the Content Excluded Items.

Completion Working Capital Amount means an amount equal to the aggregate amount attributed to the Current Assets minus an amount equal to the aggregate amount attributed to the Current Liabilities. If the Current Liabilities exceed the Current Assets, such that the Completion Working Capital Amount is a negative amount, references to such Completion Working Capital Amount being “less than” any other amount, shall include the amount by which it is negative;

Related to Completion Working Capital Amount

Target Working Capital Amount means $75,000,000.
Working Capital Amount means the difference between (x) the total current assets of the Company and its Subsidiaries and (y) the total current liabilities (other than the New Company Debt, the Existing Company Debt and Deal Expenses) of the Company and its Subsidiaries (in each case calculated in accordance with GAAP immediately prior to the Effective Time and after giving effect to the Contribution, the Distribution and the disposition of cash and cash equivalents contemplated by Section 6.24).
Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.
Target Net Working Capital Amount means $5,000,000.
Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.
Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.
Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;
Working Capital Advance has the meaning specified in Section 2.01(a).
Working Capital Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.
Working Capital Adjustment has the meaning set forth in Section 2.5(a).
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Consolidated Working Capital Adjustment means, for any period of determination on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.
Final Closing Working Capital has the meaning set forth in Section 2.5(d).
Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the open of business on the Closing Date.
Final Working Capital has the meaning set forth in Section 2.04(b).
Actual Working Capital has the meaning set forth in Section 2.7(a).
Net Working Capital Target means $0.00.
Estimated Working Capital has the meaning set forth in Section 2.3(a).
Estimated Net Working Capital has the meaning set forth in Section 2.3(a).
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).
Target Working Capital means $0.
Working Capital Assets has the meaning as set forth in the Recitals of this Agreement.
Working Capital Target means $0.
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

Completion Working Capital Amount definition

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