Estimated Closing Working Capital Deficiency definition

Estimated Closing Working Capital Deficiency has the meaning set forth in Section 2.4.
Sample 1
Estimated Closing Working Capital Deficiency means the amount, if any, by which the Estimated Closing Working Capital is less than the Target Working Capital.
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Estimated Closing Working Capital Deficiency means the amount, if any, by which the Estimated Closing Working Capital is less than the Target WorkingCapital.
Sample 1

Examples of Estimated Closing Working Capital Deficiency in a sentence

  • The portion of the Purchase Price to be paid at the Initial Closing shall be calculated as follows: (A) Three Billion Four Hundred Fifty Million Dollars ($3,450,000,000), plus (B) an amount equal to the Estimated Closing Cash, plus or minus, as applicable, (C) the Estimated Closing Working Capital Surplus or the Estimated Closing Working Capital Deficiency, if any, payable in cash (the “Closing Purchase Price Payment”).

Related to Estimated Closing Working Capital Deficiency

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Working Capital Deficit means the amount by which the Net Working Capital is less than the Target Net Working Capital.

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Target Working Capital Amount means $162,000,000.

  • Closing Cash means the aggregate amount of Cash of the Company as of the Effective Time.

  • Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Target Net Working Capital Amount means $0.

  • Estimated Working Capital has the meaning set forth in Section 2.3(a).

  • Closing Net Working Capital has the meaning set forth in Section 2.6(a).