Estimated Closing Working Capital Adjustment definition

Estimated Closing Working Capital Adjustment means (i) Estimated Closing Working Capital minus (ii) Base Working Capital (which, for the avoidance of doubt, shall be a negative number if Estimated Closing Working Capital is less than Base Working Capital).
Estimated Closing Working Capital Adjustment means the amount (which may be expressed as a negative number) equal to the Estimated Closing Working Capital, less the Target Closing Working Capital.
Estimated Closing Working Capital Adjustment has the meaning set forth in Section 2.2(a)(v).

Examples of Estimated Closing Working Capital Adjustment in a sentence

  • The term, “drug pricing black hole”, is an expression with a negative connotation used to describe the drug price gap in the NHI system.

  • The Infrastructure Council led by LeFrak and Roth is an advisory committee subject to the requirements of FACA.

  • Seller shall deliver supporting documentation and data for the Estimated Closing Working Capital Adjustment, the Estimated Indebtedness Payment, and the Estimated Cash Payment.

  • Zero dollars ($0) if the Closing Working Capital Adjustment Amount is the same as the Estimated Closing Working Capital Adjustment Amount.

  • If the Estimated Closing Working Capital is both less than or equal to the Top Collar and greater than or equal to the Bottom Collar, the Estimated Closing Working Capital Adjustment shall be zero.


More Definitions of Estimated Closing Working Capital Adjustment

Estimated Closing Working Capital Adjustment means the amount, which may be positive or negative, equal to the Estimated Closing Working Capital minus the Closing Working Capital Target.
Estimated Closing Working Capital Adjustment shall have the meaning set forth in Section 2.10(a)(iii). “Estimated Merger Consideration” shall have the meaning set forth in Section 2.10(a).
Estimated Closing Working Capital Adjustment means the written estimate of the Closing Working Capital Adjustment prepared by the Sellers, acting reasonably, attached as Schedule 1.1(x);
Estimated Closing Working Capital Adjustment means (i) Estimated Closing Working Capital minus (ii) Target Working Capital; provided, however, that (A) if such difference is more than $100,000 below Target Working Capital or more than $100,000 greater than Target Working Capital, then the Estimated Closing Working Capital Adjustment will be the amount of such difference, and (B) if such difference is $100,000 or less below Target Working Capital or $100,000 or less greater than Target Working Capital, then the Estimated Closing Working Capital Adjustment will be $0.
Estimated Closing Working Capital Adjustment means an amount equal to the Estimated Closing Working Capital minus the Target Working Capital.
Estimated Closing Working Capital Adjustment has the meaning set forth in Exhibit 3.
Estimated Closing Working Capital Adjustment shall have the meaning set forth in Section 1.7(c)(ii) of this Agreement.