Estimated Working Capital Decrease means the amount, if any, by which Target Net Working Capital exceeds the Estimated Closing Net Working Capital; provided, however, that such amount shall be $0 if the Estimated Closing Net Working Capital is equal to the upper or lower limit of the Target Net Working Capital Range or falls within the Target Net Working Capital Range.
Estimated Working Capital Decrease means the amount, if any, by which the Estimated Closing Date Net Working Capital is less than the Target Net Working Capital.
Estimated Working Capital Decrease means the amount, if any, by which the Target Net Working Capital exceeds the Estimated Closing Date Net Working Capital.
Examples of Estimated Working Capital Decrease in a sentence
The Estimated Closing Statement shall include (a) the amount to be paid by Buyer to Seller (for the benefit of the Seller Parties) at Closing (the “Closing Payment”), which shall be equal to the sum of the following: (i) the Base Purchase Price, plus (ii) the Estimated Working Capital Increase (if any), minus (iii) the Estimated Working Capital Decrease (if any), plus (iv) the Estimated Cash, minus (v) the Estimated Indebtedness and (b) the account or accounts to which Bxxxx shall pay the Closing Payment.
More Definitions of Estimated Working Capital Decrease
Estimated Working Capital Decrease means, in the event that the Estimated Net Working Capital is less than the Net Working Capital Lower Collar Amount, an amount equal to (i) Net Working Capital Lower Collar Amount minus (ii) the Estimated Net Working Capital.
Estimated Working Capital Decrease means Seller’s good faith estimate of the amount, if any, by which Estimated Target Working Capital exceeds Estimated Working Capital set forth on the Estimated Closing Statement.