Final Net Working Capital Excess definition

Final Net Working Capital Excess means the amount of the excess of Final Net Working Capital over the Net Working Capital Target, if any.
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Final Net Working Capital Excess means, expressed as a positive number, (I) if the Final Closing Net Working Capital is greater than the Target Net Working Capital and the Estimated Net Working Capital (which is less than the Target Net Working Capital), the amount of any Estimated Net Working Capital Shortfall previously deducted from the Initial Merger Consideration or (II) if the Final Net Working Capital is less than the Target Net Working Capital but greater than the Estimated Net Working Capital, then the amount by which the Final Net Working Capital exceeds the Estimated Net Working Capital.
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Final Net Working Capital Excess has the meaning set forth in Section 3.02(g)(i) hereof.
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Examples of Final Net Working Capital Excess in a sentence

  • If the amount of Net Working Capital on the Conclusive Net Working Capital Statement is greater than the Estimated Net Working Capital (the "Final Net Working Capital Excess Amount"), Splitco shall pay to Parent an amount in cash equal to the Final Net Working Capital Excess Amount.


More Definitions of Final Net Working Capital Excess

Final Net Working Capital Excess. Buyer shall pay to the Sellers the amount of the Final Net Working Capital Excess (all or a portion of which shall be paid in accordance with the final sentence of this Section 3.02(g)); or
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Final Net Working Capital Excess. Amount” 1.8(g)
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Final Net Working Capital Excess has the meaning ascribed to such term in Section 1.3(b)(i)(A).
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Related to Final Net Working Capital Excess

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Target Net Working Capital means $0.

  • Target Net Working Capital Amount means $5,000,000.

  • 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.

  • Net Working Capital Target means $0.00.

  • Target Working Capital means $0.

  • Estimated Net Working Capital has the meaning set forth in Section 2.3(a).

  • Target Working Capital Amount means $75,000,000.

  • 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.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Consolidated Working Capital Adjustment means, for any period of determination 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.

  • Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Final Working Capital has the meaning set forth in Section 2.04(b).

  • Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).

  • Working Capital Assets has the meaning as set forth in the Recitals of this Agreement.

  • Working Capital Amount means the difference between (x) the total current assets of the Company and its Subsidiaries and (y) the total current liabilities (other than the New Company Debt, the Existing Company Debt and Deal Expenses) of the Company and its Subsidiaries (in each case calculated in accordance with GAAP immediately prior to the Effective Time and after giving effect to the Contribution, the Distribution and the disposition of cash and cash equivalents contemplated by Section 6.24).

  • Working Capital Advance has the meaning specified in Section 2.01(a).

  • Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).

  • Working Capital Target means $0.

  • Actual Working Capital has the meaning set forth in Section 2.7(a).

  • Net Capital Expenditures means for any period the amount by which Capital Expenditures during such period exceeds reimbursements for such items during such period from any fund established pursuant to the Loan Documents.

  • Adjusted Working Capital means the remainder of (a) the consolidated current assets of the Obligors minus the amount of cash and cash equivalents included in such consolidated current assets, minus (b) the consolidated current liabilities of the Obligors minus the amount of consolidated short-term Debt (including current maturities of long-term Debt) of the Obligors included in such consolidated current liabilities.