Final Net Working Capital Statement definition

Final Net Working Capital Statement shall have the meaning set forth in Section 1.3(e).
Final Net Working Capital Statement as used in this Agreement, shall mean the definitive Net Working Capital Statement accepted by Seller or agreed to by Seller and Purchaser in accordance with Section 2.4(e) or the definitive Net Working Capital Statement resulting from the determinations made by the Accountants in accordance with this Section 2.4(f) (in addition to those items theretofore accepted by Seller or agreed to by Seller and Purchaser).
Final Net Working Capital Statement means a written statement prepared by Buyer and dated no later than 90 days following the Closing Date:

Examples of Final Net Working Capital Statement in a sentence

  • If TAT does not provide an Objection Notice to Buyer within such 30-day period, such Final Effective Date Balance Sheets and Final Net Working Capital Statement will be final, conclusive and binding on the parties.

  • An Objection Notice must describe in reasonable detail the line item calculations contained in the Final Effective Date Balance Sheets and/or the Final Net Working Capital Statement with which TAT disagrees and must briefly describe the basis for any such disagreement.

  • Within 30 days following receipt by TAT of the Final Effective Date Balance Sheets and the Final Net Working Capital Statement, TAT may deliver a written objection notice to Buyer of any disagreement TAT has with respect to the preparation or content of the Final Effective Date Balance Sheets and/or the Final Net Working Capital Statement (such notice, an “Objection Notice”).

  • Any refunds and credits attributable to Pre‑Closing Taxes to the extent not taken into account in the calculation of Net Working Capital as reflected in the Final Net Working Capital Statement shall be for the account of Seller if properly reportable by Seller on any of its pre-Closing Tax Returns or with respect to any Pre-Closing Tax Period and any other refunds and credits shall be for the account of Buyer.

  • Upon the agreement of Moog and Kaydon or the decision of the Arbitration Firm, the Final Net Working Capital Statement will be final, conclusive and binding on the parties.


More Definitions of Final Net Working Capital Statement

Final Net Working Capital Statement. Is defined in Section 1.2.3(b).
Final Net Working Capital Statement setting forth Buyer’s calculation of the Net Working Capital of the Acquired Companies, both individually and in the aggregate, as of the close of business on the day immediately preceding the Effective Date (the “Final Net Working Capital”) calculated, in each case, in good faith and in accordance with GAAP using the same methodologies, procedures and principles set forth on Exhibit B.
Final Net Working Capital Statement means the Final Net Working Capital Statement together with any revisions pursuant to this Section 1.6(b).
Final Net Working Capital Statement setting forth the actual Net Working Capital as of the Closing (the “Final Net Working Capital”), together with a worksheet showing the difference, if any, between the Final Net Working Capital and the Estimated Net Working Capital. Buyer shall provide Sellers with reasonable access during normal business hours to its books and records to the extent reasonably necessary for Sellers to prepare and deliver the Final Net Working Capital Statement.
Final Net Working Capital Statement shall be (i) the Closing Date Balance Sheet and the Net Working Capital Statement, in the event that Seller does not deliver a notice of proposed adjustments within the twenty (20) day period specified in Section 2.3(b) above or accepts the Closing Date Balance Sheet and Net Working Capital Statement or (ii) the Closing Date Balance Sheet and the Net Working Capital Statement as adjusted by either (A) the mutual agreement of Seller and Buyer or (B) the Arbiter. For purposes hereof, “Final Net Working Capital” shall mean Net Working Capital as reflected on the Final Net Working Capital Statement.
Final Net Working Capital Statement has the meaning set forth in SECTION 2.3(c).
Final Net Working Capital Statement. The Final Net Working Capital Statement shall reflect the Net Working Capital as of the Closing Date and shall be based upon the Final Balance Sheet which shall be prepared in accordance with generally accepted accounting principles (“GAAP”) on a basis consistent with the preparation of the Financial Statements (as defined in Section 3.10).