Estimated Working Capital Shortfall definition

Estimated Working Capital Shortfall means the amount by which the Working Capital Target exceeds the Estimated Working Capital.

Estimated Working Capital Shortfall shall have the meaning set forth in Section 2.1(a)(iii).

Estimated Working Capital Shortfall means the amount by which (expressed as a positive number) the Estimated Working Capital is less than $8,098,000; provided, that, if the Estimated Working Capital is within the Working Capital Collar, then the Estimated Working Capital Shortfall for purposes of this Agreement shall be deemed to equal $0.

Examples of Estimated Working Capital Shortfall in a sentence

• Accordingly the Applicant personally delivered the Notice to Leave though the letterbox at the Property on 23 March 2020 and also arranged for a friend to send a copy of the Notice to Leave by recorded delivery post on 3 April 2020.

• The Purchase Price shall be decreased by the positive amount, if any, of (A) the amount that is equal to (x) the Working Capital Requirement, minus (y) any Estimated Working Capital Shortfall, minus (B) the Working Capital, as finally determined pursuant to Section 2.4(b).

• A certificate dated as of the Closing Date, signed by the President of the Company, certifying that attached thereto is a reasonable, good faith estimate of the balance sheet of the Company as of the Effective Time, and of the Working Capital and any Estimated Working Capital Shortfall (the “ Estimated Closing Date Balance Sheet”), which balance sheet shall be reasonably acceptable to Alliant.

• If the Estimated Working Capital is less than the Working Capital Target, the amount of such deficit is an “ Estimated Working Capital Shortfall Amount ” .

• The Purchase Price shall be increased by the positive amount, if any, of (A) the Working Capital, as finally determined pursuant to Section 2.4(b), minus (B) the amount that is equal to (x) the Working Capital Requirement, minus (y) any Estimated Working Capital Shortfall.

More Definitions of Estimated Working Capital Shortfall

Estimated Working Capital Shortfall the amount (if any) by which the Estimated Working Capital Amount is less than the Working Capital Target;

Estimated Working Capital Shortfall means Parent’s good faith estimate of the Working Capital Shortfall, if any.

Estimated Working Capital Shortfall means the Seller Parties’ reasonable, good faith estimate of any Working Capital Shortfall as of the Effective Time, as set forth on the Estimated Closing Date Balance Sheet. If no such Working Capital Shortfall is estimated in accordance with the foregoing, then the Estimated Working Capital Shortfall shall equal zero.

Estimated Working Capital Shortfall has the meaning given in Schedule 4;

Estimated Working Capital Shortfall is the amount of the difference between the Estimated Target Net Working Capital and the Estimated Net Working Capital if the Estimated Target Net Working Capital is greater than the Estimated Net Working Capital, or US$0 if the Estimated Net Working Capital is equal to or greater than the Estimated Target Net Working Capital;

Estimated Working Capital Shortfall means the excess of the Minimum Working Capital over the Estimated Closing Date Working Capital.

Estimated Working Capital Shortfall has the meaning set forth in Section 2.2(a)(ii). "Exchange Act" means the Securities and Exchange Act of 1934, as amended. "FIFO" has the meaning set forth in Section 2.2(c)(ii). "Floor Stock Price" means the Acquirer Stock Price multiplied by [Redacted]. "FTC" means the Federal Trade Commission. "Financial Statements" has the meaning set forth in Section 4.8(b). "GAAP" means U.S. Generally Accepted Accounting Principles. ---- "Governmental Authority" means any federal, state, local or foreign entity exercising executive, legislative, judicial, regulatory or administrative functions, including, without limitation, any governmental authority, agency, department, board, commission or instrumentality of the United States, any State of the United States, or any political subdivision thereof, any tribunal or arbitration body of competent jurisdiction, and any self-regulatory organization.