Estimated Working Capital Payment definition

Estimated Working Capital Payment has the meaning set forth in Section 3.2(a).

Estimated Working Capital Payment shall have the meaning set forth in Section 2.02(b).

Estimated Working Capital Payment means the aggregate of the items estimated in Schedule 2.4 hereof.

Examples of Estimated Working Capital Payment in a sentence

• In the event that (i) the Estimated Working Capital Payment exceeded the Working Capital Payment, Seller shall pay to Buyers by wire transfer in immediately available funds an amount equal to such difference, and (ii) the Working Capital Payment exceeded the Estimated Working Capital Payment, Buyers shall pay to Sellers by wire transfer in immediately available funds an amount equal to such difference.

• The Estimated Working Capital Payment will be paid by Buyer to the Sellers at the Closing.

• Within five Business Days of the date on which the last disputed item required to determine the Final Working Capital, Final Customer Advances Amount and the Final Capital Lease Amount is resolved pursuant to this Section 2.03, the Purchase Price shall be increased by the excess, if any, of the Final Working Capital Payment over the Estimated Working Capital Payment, or decreased by the excess, if any, of the Estimated Working Capital Payment over the Final Working Capital Payment.

• If the Final Working Capital as finally determined, exceeds the Estimated Working Capital Payment, then Buyer shall pay to Seller the amount of such excess, plus interest on the amount of such excess from (and including) the Closing Date to (but excluding) the date of payment at the Prime Rate.

• Not later than three (3) Business Days prior to the Closing Date, Seller shall deliver to Buyer a written statement setting forth the Estimated Purchase Price (with Seller’s calculation of the Estimated Working Capital Payment in reasonable detail, based on information then available to Seller).

More Definitions of Estimated Working Capital Payment

Estimated Working Capital Payment means an amount, which may be a negative number, equal to (a) the Transferred Entities’ estimated Working Capital as of 11:59 p.m. Eastern time on the day immediately preceding the Closing Date, as set forth on the Estimated Closing Statement, minus (b) the Target Working Capital.”

Estimated Working Capital Payment means an amount equal to Seller's estimate of the Working Capital as of the Effective Time prepared in accordance with Section 2.4(a).

Estimated Working Capital Payment means, whether positive or negative, the Estimated Working Capital minus the Base Working Capital.

Estimated Working Capital Payment means a payment in an amount equal to Estimated Net Working Capital.

Estimated Working Capital Payment. Final Working Capital" • "Final Working Capital Payment"

Estimated Working Capital Payment means the amount of the Company’s cash, restricted cash and cash equivalents reflected in the certificate delivered to Parent and Buyer pursuant to Section 3.4, minus $1,500,000.

Estimated Working Capital Payment set forth in Section 1.1 of the Agreement is deleted in its entirety and replaced with the following: