Estimated Working Capital Excess Amount definition

Estimated Working Capital Excess Amount has the meaning set forth in Section 1.9(a).
Estimated Working Capital Excess Amount shall equal Estimated Closing Working Capital minus Target Closing Working Capital. If the Estimated Closing Working Capital as set forth in the Estimated Closing Statement is less than Target Closing Working Capital, the “Estimated Working Capital Deficiency Amount” shall equal Target Closing Working Capital minus Estimated Closing Working Capital. The “Estimated Cash Considerationfor purposes of Section 1.7 shall equal the Base Cash Consideration, plus the Estimated Closing Cash, plus the Estimated Working Capital Excess Amount (if any), less the Estimated Closing Working Capital Deficiency Amount (if any).
Estimated Working Capital Excess Amount is defined in Section 2.3(a).

Examples of Estimated Working Capital Excess Amount in a sentence

  • To the extent that the Estimated Net Working Capital results in an Estimated Working Capital Excess Amount, the Purchase Price to be paid at Closing will be increased on a dollar-for-dollar basis by the amount of such Working Capital Excess Amount.

Related to Estimated Working Capital Excess Amount