Estimated Closing Net Working Capital Adjustment has the meaning set forth in Clause 2.3.1 (ii).
Estimated Closing Net Working Capital Adjustment means the positive or negative amount by which the Estimated Closing Net Working Capital differs from the Estimated Target Working Capital.
Estimated Closing Net Working Capital Adjustment means (a) the amount by which the Estimated Closing Net Working Capital reflected on the Estimated Closing Statement is greater than the Target Net Working Capital or (b) the product of (i) the amount by which the Estimated Closing Net Working Capital reflected on the Estimated Closing Statement is less than the Target Net Working Capital multiplied by (ii) negative 1 (-1).
Examples of Estimated Closing Net Working Capital Adjustment in a sentence
The Estimated Closing Statement shall quantify in reasonable detail (and reasonable supporting documentation will be delivered in connection therewith) the estimates of the items constituting Estimated Closing Net Debt, Estimated Closing Net Working Capital and Estimated Closing Net Working Capital Adjustment, as applicable, and in each case calculated in accordance with the terms of this Agreement.
Qualitative analysis was also done on each student's answer in the worksheet to determine the students' common difficulties in solving calculus-based physics problems.
More Definitions of Estimated Closing Net Working Capital Adjustment
Estimated Closing Net Working Capital Adjustment means, (i) if the Estimated Closing Net Working Capital is an amount between the Target Working Capital Bottom Collar and the Target Working Capital Top Collar, US$ 0, (ii) if the Estimated Closing Net Working Capital is an amount equal to or greater than the Target Working Capital Top Collar, an amount equal to Estimated Closing Net Working Capital minus Target Working Capital, or (iii) if the Estimated Closing Net Working Capital is an amount equal to or less than the Target Working Capital Bottom Collar, an amount equal to Estimated Closing Net Working Capital minus Target Working Capital.
Estimated Closing Net Working Capital Adjustment means the Company’s good faith estimate of the Closing Net Working Capital Adjustment as set forth on the Estimated Closing Statement.
Estimated Closing Net Working Capital Adjustment means (1) if the Estimated Closing Net Working Capital exceeds the Closing Net Working Capital Target Amount, an amount equal to such excess (the “Estimated Closing Net Working Capital Surplus”) provided such Estimated Closing Net Working Capital Surplus shall not exceed $2,000,000 (two million dollars), and (2) if the Estimated Closing Net Working Capital is less than the Closing Net Working Capital Target Amount, an amount equal to such deficiency.
Estimated Closing Net Working Capital Adjustment shall be the difference between the Estimated Closing Net Working Capital and the Reference Working Capital.
Estimated Closing Net Working Capital Adjustment means the amount of the excess or shortfall as contemplated above which results in an increase or decrease, as the case may be, to the Base Purchase Price in accordance with this Section 1.3(a)(ii). (b) Within ninety (90) calendar days after the Closing Date, the Buyer shall cause the Company to prepare and deliver to the Representative (x) a balance sheet of the Company as of the close of business on the Closing Date, which shall be prepared in accordance with GAAP, applied in a manner consistent with the Company’s Accounting Principles (the “Proposed Closing Balance Sheet”) and as of the Effective Time: (y) a calculation of the Company’s (A) Net Working
Estimated Closing Net Working Capital Adjustment has the meaning set forth in Section 1.3(a)(ii). “Estimated Closing Statement” has the meaning set forth in Section 1.3(a). “Estimated Net Working Capital Adjustment Statement” has the meaning set forth in Section 1.3(a). “Estimated Transaction Expenses” has the meaning set forth in Section 1.3(a). “Excluded Benefits” means commissions, bonuses, other short-term incentive compensation, retention, change in control, phantom equity, defined benefit pension, retiree welfare, equity, equity-based and similar benefits. “Exclusively Licensed Software” means material Software that is the subject of an exclusive Intellectual Property license entered into by the Company. “Export Control and Import Laws” shall mean all applicable Laws concerning the exportation, re-exportation and importation of products, technology, and services, and other international transactions, including: (a) Laws enforced by U.S. Customs and Border Protection;