Estimated Closing Net Working Capital Adjustment Amount means an amount, which may be positive or negative, equal to Estimated Closing Net Working Capital minus the Target Net Working Capital.
Estimated Closing Net Working Capital Adjustment Amount means: (a) if Estimated Closing Net Working Capital is (i) greater than or equal to the Lower Working Capital Collar and (ii) less than or equal to the Upper Working Capital Collar, an amount equal to $0; (b) if Estimated Closing Net Working Capital exceeds the Upper Working Capital Collar, the amount of such excess (over the Upper Working Capital Collar, expressed as a positive number); and (c) if Estimated Closing Net Working Capital is less than the Lower Working Capital Collar, the amount of such shortfall (from the Lower Working Capital Collar, expressed as a negative number).
Estimated Closing Net Working Capital Adjustment Amount has the meaning set forth in Section 2.4(a).
Examples of Estimated Closing Net Working Capital Adjustment Amount in a sentence
The Cash Purchase Price to be paid by the Purchaser at the Closing pursuant to Section 2.10(b) will be adjusted as follows: (A) up for the Estimated Closing Net Working Capital Adjustment Amount (if such amount is positive) or down for the Estimated Closing Net Working Capital Adjustment Amount (if such amount is negative); and (B) down for the absolute value of the Estimated Closing Indebtedness.
More Definitions of Estimated Closing Net Working Capital Adjustment Amount
Estimated Closing Net Working Capital Adjustment Amount has the meaning specified in Section 1.4(a)(vi).
Estimated Closing Net Working Capital Adjustment Amount means (a) if Estimated Closing Net Working Capital is (i) greater than or equal to $150,000,000 and (ii) less than or equal to $180,000,000, an amount equal to $0; (b) if Estimated Closing Net Working Capital exceeds
Estimated Closing Net Working Capital Adjustment Amount means (a) if Estimated Closing Net Working Capital is (i) greater than or equal to $150,000,000 and (ii) less than or equal to $180,000,000, an amount equal to $0; (b) if Estimated Closing Net Working Capital exceeds $180,000,000, the amount of such excess (expressed as a positive number); and (c) if Estimated Closing Net Working Capital is less than $150,000,000, the amount such shortfall (expressed as a negative number).
Estimated Closing Net Working Capital Adjustment Amount means the amount by which the Estimated Closing Net Working Capital as shown on the Closing Date Statement exceeds the Target Net Working Capital by more than One Million Dollars ($1,000,000) or the amount by which the Target Net Working Capital exceeds the Estimated Closing Net Working Capital as shown on the Closing Date Statement by more than One Million Dollars ($1,000,000), as applicable (which amount will be reflected as (i) a positive number if the Estimated Closing Net Working Capital exceeds the Target Net Working Capital by more than One Million Dollars ($1,000,000), and (ii) a negative number if the Target Net Working Capital exceeds the Estimated Closing Net Working Capital by more than One Million Dollars ($1,000,000). For the avoidance of doubt, if the Estimated Closing Net Working Capital does not exceed the Target Net Working Capital by more than One Million Dollars ($1,000,000), or vice versa, the Estimated Closing Net Working Capital Adjustment Amount shall be zero.
Estimated Closing Net Working Capital Adjustment Amount means the amount equal to (a) the Estimated Net Working Capital as shown on the Closing Statement, minus