Estimated Working Capital Schedule definition

Estimated Working Capital Schedule has the meaning set forth in Section 2.4(a).

Estimated Working Capital Schedule means the draft schedule of the Net Working Capital as of the Closing Date, prepared and delivered by Westcon, Selling Shareholder and Transcat at the Closing.

Estimated Working Capital Schedule. A statement setting forth the Working Capital of the Company as of December 31, 2014 based upon the Unaudited Interim Balance Sheet. Exhibit A

Examples of Estimated Working Capital Schedule in a sentence

• Buyer shall be responsible for and pay (1) all of its expenses incurred in reviewing the Estimated Working Capital Schedule, preparing the Actual Working Capital Schedule, and resolving any Disputed Matter, and (2) 50% of the fees and expenses of any Accounting Arbitrator incurred in resolving any Disputed Matter.

• Seller shall provide Buyer with such information as Buyer may reasonably request to verify the Estimated Working Capital Schedule.

• To the extent there is a deviation between the Final Working Capital Schedule and the Estimated Working Capital Schedule as to any such item, then, to the extent the Purchase Price was not adjusted at Closing pursuant to subsection (b) above, Seller shall pay the unpaid portion of such adjusted amount to the Purchaser.

• The Company shall provide Parent with such information as Parent may reasonably request to verify the Estimated Working Capital Schedule.

• Seller shall prepare the Estimated Working Capital Schedule using the same accounting policies, methodologies, practices and assumptions as used in the preparation of the Statement of Working Capital as of August 31, 2011 attached hereto as Exhibit A (the “Statement of Working Capital”), which Seller (after reasonable consultation with Buyer or its designee) is delivering to Buyer concurrently with the execution and delivery of this Agreement.

• The Company shall prepare the Estimated Working Capital Schedule using the same accounting policies, methodologies, practices and assumptions as used in the preparation of the Statement of Working Capital as of September 30, 2003 attached hereto as Exhibit E (the "September 30 Statement of Working Capital").

• Except as otherwise provided in this Agreement or agreed between the parties in writing, the Estimated Working Capital Schedule shall be prepared in accordance with GAAP, consistently applied with past accounting practices of the Company, and the Company’s audited financial statements.

• If any Liability Line Item, as reflected on the Estimated Working Capital Schedule is greater than the Liability Target (an "Excess Liability"), then the Purchase Price Cash Component shall be reduced by ----------------- an amount equal to the Excess Liability.

• The Estimated Working Capital Schedule as delivered by the Company and the Company Shareholder Representative shall serve as the basis for calculating the Estimated Purchase Price on the Closing Date.

• Schedule 1.3(a) Statement of Estimated Working Capital Schedule 1.4 Closing Date Clients.

More Definitions of Estimated Working Capital Schedule

Estimated Working Capital Schedule. A statement setting forth an estimate of the current assets of the Company and the current liabilities of the Company as of the close of business on the Closing Date, to be signed and delivered two (2) days prior to the Closing Date. Exhibit A