Estimated Closing Date Net Working Capital Adjustment definition

Estimated Closing Date Net Working Capital Adjustment means (i) the amount, if any, by which the Target Amount exceeds Estimated Closing Date Net Working Capital, which shall result in a corresponding dollar-for-dollar decrease in the Estimated Closing Cash Payment and (ii) the amount, if any, by which the Estimated Closing Date Net Working Capital exceeds the Target Amount, which shall result in a corresponding dollar-for-dollar increase in the Estimated Closing Cash Payment.
Estimated Closing Date Net Working Capital Adjustment means the amount, if any, of any increase or decrease to the Estimated Closing Date Payment as determined pursuant to clause (a) or (b) below, as applicable, and in each case, without duplication of the provisions of Section 1.8(b).
Estimated Closing Date Net Working Capital Adjustment is the amount equal to the Estimated Closing Date Net Working Capital less the Minimum Net Working Capital.

Examples of Estimated Closing Date Net Working Capital Adjustment in a sentence

  • Section 2.10(a) Estimated Closing Date Net Working Capital Adjustment Amount...............................

  • For the avoidance of doubt, Excluded Assets and Excluded Liabilities will not be taken into account for the purposes of the calculation of the Estimated Closing Date Net Working Capital Adjustment, the Estimated Closing Date Cash, the Closing Date Debt, the Final Closing Date Net Working Capital or the Final Closing Date Cash.


More Definitions of Estimated Closing Date Net Working Capital Adjustment

Estimated Closing Date Net Working Capital Adjustment means (i) the amount, if any, by which the Target amount exceeds Estimated Closing date Net Working Capital, which shall result in a corresponding dollar-for-dollar decrease in the Estimated Closing Cash payment and (ii) the amount, if any, by which the Estimated Closing date Net Working Capital exceeds the Target amount, which shall result in a corresponding dollar-for-dollar increase in the Estimated Closing Cash payment.
Estimated Closing Date Net Working Capital Adjustment has the meaning set forth in Section 1.3(a).

Related to Estimated Closing Date Net Working Capital Adjustment