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Estimated Working Capital Statement definition

Estimated Working Capital Statement has the meaning set forth in Section 2.04.
Estimated Working Capital Statement shall have the meaning ascribed in Section 3.4(a).
Estimated Working Capital Statement is defined in Section 1.9(a).

Examples of Estimated Working Capital Statement in a sentence

  • Inventory shall be included in the Estimated Working Capital Statement only to the extent it is less than 30 days old, the quantity is consistent with the six-month historical trend, and the value included is the actual vehicle cost less the price of the parts previously sold.

  • The Company shall provide Purchaser a copy of the calculation of the estimated Working Capital (the "Estimated Working Capital Statement") three business days prior to the Closing Date.

  • Since the date of the Estimated Working Capital Statement, there have not been any write-downs of the value of, or establishment of any reserves against, any inventory, except for write-downs and reserves established in the ordinary course of business, in good faith and consistent with past practice and experience.

  • The inventory reserves reflected on the Estimated Working Capital Statement was adequate as of the date of the Estimated Working Capital Statement.

  • The Independent Accounting Firm shall be instructed to use every reasonable effort to perform its services within thirty days of submission of the Estimated Working Capital Statement, the Dispute Notice and the Working Capital Statement to it and, in any case, as promptly as practicable after such submission.


More Definitions of Estimated Working Capital Statement

Estimated Working Capital Statement is defined in Section 2.5.1.
Estimated Working Capital Statement is defined in Section 2.3(a).
Estimated Working Capital Statement means an unaudited statement setting out the Seller’s bona fide estimate of the Estimated Working Capital Amount prepared by the Seller pursuant to Clause 5 in the same format as the pro forma Working Capital Statement set out in Part IV (Pro Forma Working Capital Statement) of Schedule 11 (Pro Forma Statements).
Estimated Working Capital Statement means, in relation to the Company (including all other Group Companies other than the US Company and its Subsidiary), the US Company (including its Subsidiary) and each relevant Business, the statement of Estimated Working Capital to be prepared in accordance with Clause 5.4;
Estimated Working Capital Statement has the meaning ascribed to it in Section 2.4(a).
Estimated Working Capital Statement means the statement prepared by Seller and delivered to Buyer pursuant to and in accordance with Sections 2.4 and 2.5 of this Agreement.
Estimated Working Capital Statement means a written statement of Estimated Working Capital, prepared in accordance with Section 3.07.