Estimated Net Working Capital Adjustment Amount definition

Estimated Net Working Capital Adjustment Amount means an amount, which may be positive or negative, equal to (a) Estimated Closing Net Working Capital minus (b) Target Net Working Capital.

Estimated Net Working Capital Adjustment Amount means either (i) the amount by which Estimated Closing Date Net Working Capital exceeds $22,500,000, or (ii) the amount by which Estimated Closing Date Net Working Capital is less than $20,500,000, in which case a negative number.

Estimated Net Working Capital Adjustment Amount has the meaning set forth in Section 2.4(b).

Examples of Estimated Net Working Capital Adjustment Amount in a sentence

• The “ Closing Date Purchase Price” shall consist of the Purchase Price, plus (i) the Estimated Net Working Capital Adjustment Amount, less (ii) the Estimated Closing Date Funded Debt, less (iii) the Estimated Closing Date Company Transaction Expenses, plus (iv) the Estimated Closing Date Cash, less (v) the Holder Representative Fund, less (vi) the Escrow Amount.

• As set forth in Section 1.3(d), the Estimated Net Working Capital Adjustment Amount and the Estimated Capital Expenditure Adjustment Amount shall be used to calculate the Closing Date Purchase Price payable at Closing.

• In the Skeena region juvenile steelhead emerge in August, near the end of the growing season, and migrate to sea in the spring.

• If the Estimated Net Working Capital Adjustment Amount is a positive number, the Purchase Price shall be increased dollar for dollar by the Estimated Net Working Capital Adjustment Amount, and if the Estimated Net Working Capital Adjustment Amount is a negative number, the Purchase Price shall be decreased dollar for dollar by the absolute value of the Estimated Net Working Capital Adjustment Amount.

• Subject to the adjustments set forth in Section 3.3, the “Purchase Price” shall consist of One Hundred Thirty-Three Million Dollars ($133,000,000) in cash (the “Enterprise Value”), plus or less (i) the Estimated Net Working Capital Adjustment Amount (which may be a positive number and added or a negative number and subtracted), less (ii) the Estimated Closing Date Funded Debt Amount, plus (iii) the Estimated Closing Date Cash Amount, less (iv) the Estimated Closing Date Outstanding Company Expenses.

More Definitions of Estimated Net Working Capital Adjustment Amount

Estimated Net Working Capital Adjustment Amount means the Sellers’ good faith estimate of the Closing Date Net Working Capital Adjustment Amount, as set forth on the notice delivered by the Sellers pursuant to Section 2.03(g).

Estimated Net Working Capital Adjustment Amount means the amount, which may be positive or negative, equal to (i) Estimated Closing Date Net Working Capital, minus (ii) $39,200,000.

Estimated Net Working Capital Adjustment Amount means an amount, which may be positive or negative, equal to (i) Estimated Closing Net Working Capital minus (ii) Closing Net Working Capital Target.

Estimated Net Working Capital Adjustment Amount has the meaning set forth in Section 1.10(a) of this Agreement.

Estimated Net Working Capital Adjustment Amount means an amount equal to: (a) the Estimated Net Working Capital Amount; minus (b) the Target Net Working Capital Amount.

Estimated Net Working Capital Adjustment Amount means an amount (which may be positive, negative or equal to zero) equal to: (a) the Estimated Net Working Capital Amount; minus (b) the Target Net Working Capital Amount.

Estimated Net Working Capital Adjustment Amount means an amount, which may be positive, negative or zero, equal to (a) if Estimated Closing Net Working Capital is greater than Target Net Working Capital plus $1,413,000, or if Estimated Closing Net Working Capital is less than Target Net Working Capital minus $1,413,000 then Estimated Closing Net Working Capital minus Target Net Working Capital, or (b) if Estimated Closing Net Working Capital is within the range of Target Net Working Capital plus $1,413,000 and Target Net Working Capital minus $1,413,000, then zero.