Examples of Estimated Working Capital Shortfall in a sentence
The Closing Cash Payment will reflect an increase on a dollar-for-dollar basis by 55% of the amount of any Estimated Working Capital Surplus Amount or a decrease on a dollar-for-dollar basis by 55% of the amount of any Estimated Working Capital Shortfall Amount, as the case may be.
At the Closing, Buyer shall acquire the Acquired Assets as provided in Section 1.1(a) and assume the Assumed Liabilities as provided in Section 1.1(c) and shall pay the aggregate amount of the Purchase Price less any Estimated Working Capital Shortfall to Seller by wire transfer of immediately available funds to an account designated by Seller not later than two (2) Business Days prior to the Closing Date.
If the Estimated Working Capital is less than the Working Capital Target, the amount of such deficit is an “ Estimated Working Capital Shortfall Amount ” .
But from these equations, a two-pass algorithm should seem plausible: in the first pass over the tree, for each Tl, the potential cost change from adding/removing Tj can be computed.
In the event the Estimated Closing Date Working Capital (1) exceeds the Working Capital Target (such excess, an “Estimated Working Capital Excess”) at the Closing, the Purchase Price shall be increased by the amount of such Estimated Working Capital Excess or (2) is less than the Working Capital Target (such deficit, an “Estimated Working Capital Shortfall”), at the Closing, the Purchase Price shall be decreased by the amount of such Estimated Working Capital Shortfall.