Final Aggregate Net Working Capital Amount has the meaning set forth in Section 2.04(b).

Final Aggregate Net Working Capital Amount. If, within forty-five (45) days following delivery of such worksheet and supporting documentation, Seller objects in writing thereto to Buyer (describing in reasonable detail the specific line items and values that are in dispute and the reasons for such dispute, and proposing alternative values with respect to such specific line items) such Proposed Aggregate Net Working Capital Amount shall be subject to the objection and resolution provisions set forth in Section 2.6(e) below.

Final Aggregate Net Working Capital Amount has the meaning set forth in Section 2.04(b). “Final Purchase Price” has the meaning set forth in Section 2.02. “Financial Closing Date” means August 23, 2011. “Financial Statements” has the meaning set forth in Section 3.21. “FPA” means the Federal Power Act, as amended. “GAAP” has the meaning set forth in Section 1.02(c).

Examples of Final Aggregate Net Working Capital Amount in a sentence

Any such net excess or deficit payment in respect of the Final Aggregate Net Working Capital Amount will be due and payable within fifteen (15) days after the Final Aggregate Net Working Capital Amount is finally determined as provided in this Section 2.04 and will be payable by wire transfer of immediately available funds to such account or accounts as shall be specified by Purchaser or Seller, as applicable.
If within ten (10) days following delivery of such worksheet and supporting documentation, Purchaser does not object in writing thereto to Seller, then the Proposed Aggregate Net Working Capital Amount submitted by Seller pursuant to this Section 2.04(c) shall constitute the Final Aggregate Net Working Capital Amount.
The Neutral Auditor, acting as an expert and not an arbitrator, shall resolve such disputed items and determine the values to be ascribed thereto, and using those values (together with other items not in dispute) determine the Final Aggregate Net Working Capital Amount as of the Closing Date only (prepared on the same basis used to prepare the Estimated Aggregate Net Working Capital Amount).
Should such negotiations not result in an agreement as to the Final Aggregate Net Working Capital Amount within such twenty (20) day period (or such longer period as Purchaser and Seller may mutually agree), then either Party may submit such disputed items and values to the Neutral Auditor.

Related to Final Aggregate Net Working Capital Amount

Target Net Working Capital Amount means $0.
Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.
Target Working Capital Amount means $162,000,000.
Working Capital Amount shall have the meaning specified in Section 3.4(e).
Net Working Capital Adjustment Amount means an amount, which may be a positive or negative number, equal to the Net Working Capital as of the Effective Time minus the Net Working Capital Threshold.
Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.
Required Capital Amount means $5,000,000.
Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).
Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.
Net Working Capital Target means $0.00.
Closing Date Net Working Capital has the meaning specified in Section 3.4(a).
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Target Net Working Capital means $36,500,000.
Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.
Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).
Working Capital Deficit means the amount by which the Net Working Capital is less than the Target Net Working Capital.
Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.
Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).
Target Working Capital has the meaning set forth in Section 2.06(a)(ii).
Working Capital Advance has the meaning specified in Section 2.01(c).
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Incremental Amount has the meaning specified in Section 2.14(a).
Working Capital Target has the meaning set forth in Section 1.3(b).
Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;

Final Aggregate Net Working Capital Amount definition

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