Estimated Closing Working Capital Adjustment definition

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 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 2.06(a).

Examples of Estimated Closing Working Capital Adjustment in a sentence

  • Not less than five (5) Business Days prior to the Closing Date, Seller shall prepare and deliver to Buyer, a statement containing the calculation of the Estimated Closing Working Capital and Estimated Closing Working Capital Adjustment, accompanied by reasonable supporting documentation.

  • If applicable, Human Subjects Training (e.g. that offered by CITI) must be completed by the February 23, 2018 when the PI Panel Confirms Awards.

  • On the Closing Date, Purchaser shall pay to the Sellers in accordance with Article 2.1(i) the Cash Consideration minus the Estimated Closing Working Capital Adjustment as defined in Exhibit 3, plus the Estimated Closing Cash, less the Estimated Closing Debt, minus the Estimated Vivendi Leakage Amount.

  • Merger Sub shall receive sufficient cash in order to fund the Closing Payment (without regard to Estimated Closing Working Capital Adjustment), the Pre-Closing Dividend, the Stockholder Transaction Expenses and the Parent Transaction Expenses.

  • If the Estimated Closing Working Capital Adjustment Amount is negative or zero, the "Initial Canada Purchase Price" and the "Initial USA Purchase Price" shall each be zero.


More Definitions of Estimated Closing Working Capital Adjustment

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 is defined in Section 2.6.4.
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 has the meaning set forth in Exhibit 3.
Estimated Closing Working Capital Adjustment is defined in Section 2.15(a).
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 has the meaning set forth in