Downward Working Capital Adjustment definition

Downward Working Capital Adjustment has the meaning set forth in Section 3.3(d)(ii).
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Downward Working Capital Adjustment means the amount, if any, by which the Target Working Capital exceeds the Estimated Working Capital.
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Downward Working Capital Adjustment means the amount, if any, by which the Target Working Capital exceeds the Estimated Working
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Examples of Downward Working Capital Adjustment in a sentence

  • Adults of all educational levels participate in lifelong learning, although those with higher educational attainment are more likely to do so (Wirt, et al., 2003).

  • Within ninety (90) days after the Closing Date, Purchaser shall prepare and deliver to Seller a statement (the “ Statement ”) setting forth its calculation of the Final Purchase Price, including its determination of (i) the Final Upward Working Capital Adjustment, (ii) the Final Downward Working Capital Adjustment, (iii) the Final Indebtedness and (iv) the Final Selling Expenses (collectively, the “ Final Purchase Price Elements ”).


More Definitions of Downward Working Capital Adjustment

Downward Working Capital Adjustment has the meaning set forth in Section 2.2(a).
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Related to Downward Working Capital Adjustment

  • Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).

  • 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.

  • Net Working Capital Adjustment Amount means an amount, which may be a positive or negative number, equal to the Net Working Capital as of the Effective Time minus the Net Working Capital Threshold.

  • Consolidated Working Capital Adjustment means, for any period 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.

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Working Capital Amount shall have the meaning specified in Section 3.4(e).

  • Target Working Capital Amount means $162,000,000.

  • 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.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Estimated Working Capital has the meaning set forth in Section 2.3(a).

  • Working Capital Deficit means the amount by which the Net Working Capital is less than the Target Net Working Capital.

  • Working Capital Target has the meaning set forth in Section 1.7(a).

  • Net Working Capital Target means $0.00.

  • Closing Adjustment Amount shall have the meaning set forth in Section 2.3(c).

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.

  • Estimated Net Working Capital has the meaning set forth in Section 2.3(a).

  • Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).