Final Closing Working Capital definition

Final Closing Working Capital has the meaning set forth in Section 2.5(d).

Final Closing Working Capital means the Closing Working Capital as of the Effective Time as finally determined pursuant to Section 3.4 and reflected on the Final Closing Statement.

Final Closing Working Capital has the meaning given to such term in Section 2.5(b).

Examples of Final Closing Working Capital in a sentence

• Northern Border shall timely pay all Taxes due with respect to such Tax Returns to the extent of any applicable accruals included within the calculation of Final Closing Working Capital.

• ONEOK will pay to Northern Border at Closing an amount equal to the portion of the 2006 ad valorem taxes allocated to it pursuant to this paragraph (to the extent such allocated amounts exceed any applicable accruals therefor included within the calculation of Final Closing Working Capital).

• ONEOK shall be responsible for and shall pay any Taxes (in excess of any applicable accruals therefor included within the calculation of Final Closing Working Capital) allocable to the portion of the Straddle Period ending on the Closing Date and Northern Border shall be responsible for and shall pay any Taxes allocable to the portion of the Straddle Period after the Closing Date.

• The Final Closing Working Capital, the Final Closing Indebtedness, the Final Closing Share Consideration, the Post-Closing Share Adjustment Amount and the Post-Closing Cash Adjustment Amount (collectively, the “Final Calculations”) shall be prepared in accordance with the Accounting Principles consistent with Section 3.3(h) below.

• For the avoidance of doubt, any such prepaid insurance shall not be included as a current asset for purposes of calculating the Final Closing Working Capital.

More Definitions of Final Closing Working Capital

Final Closing Working Capital means the definitive Closing Working Capital and the term "Final Closing Cash" shall mean the definitive Closing Cash, respectively, agreed to (or deemed to be agreed to) by Buyer and Seller in accordance with Section 2.5(c) hereof or the definitive Closing Date Financial Data ("Final Closing Date Financial Data") resulting from the determinations made by the Neutral Auditors in accordance with this Section 2.5(d) (in addition to those items theretofore agreed to by Seller and Buyer).

Final Closing Working Capital means Closing Working Capital (i) as shown in the Closing Working Capital Statement, if no Calculation Notice indicating disagreement with respect thereto is duly delivered pursuant to Section 2.09(b), or (ii) if such a Calculation Notice indicating disagreement therewith is delivered, (A) as agreed by the Representative and the Surviving Corporation pursuant to Section 2.09(b) or (B) in the absence of such agreement, as shown in the Settlement Accountant’s calculation delivered pursuant to Section 2.09(c), provided that in no event shall Final Closing Working Capital be less than the Surviving Corporation’s calculation of Closing Working Capital delivered pursuant to Section 2.09(a) or more than the Representative’s calculation of Closing Working Capital delivered pursuant to Section 2.09(b).

Final Closing Working Capital. “Final Closing Debt Amount”, “Final Closing Cash” or “Final Transaction Expenses” as the case may be (collectively, the “Final Amounts”), for all purposes of this Agreement.

Final Closing Working Capital means the definitive Closing Working Capital agreed to (or deemed to be agreed to) by Parent and the Representative in accordance with Section 2.06(c) hereof or the definitive Closing Financial Data resulting from the determinations made by the Neutral Auditor in accordance with this Section 2.06(d) (in addition to those items theretofore agreed to by Parent and the Representative).

Final Closing Working Capital means the Working Capital of the Division as of the Closing Date as calculated and delivered pursuant to Section 2(d)(vi)(D) below.

Final Closing Working Capital has the meaning set forth in Section 1.11(e) of this Agreement.

Final Closing Working Capital has the meaning set forth in Section 3.7(c).