Final Net Working Capital Surplus definition

Final Net Working Capital Surplus means the amount, if any, by which Final Net Working Capital exceeds Estimated Net Working Capital.
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Final Net Working Capital Surplus has the meaning set forth in Section 2.4(c).
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Final Net Working Capital Surplus means the dollar amount, if any, by which the Final Closing Net Working Capital Amount exceeds negative $610,000.
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Examples of Final Net Working Capital Surplus in a sentence

  • The Closing Date Purchase Price shall be reduced or increased by either (i) adding thereto the Final Net Working Capital Surplus (the “ Purchase Price Surplus ”), or (y) subtracting therefrom the Final Net Working Capital Deficit (the “ Purchase Price Deficit ”).

  • If there is a Final Net Working Capital Surplus, then Buyer, within five (5) Business Days of the final determination of such Final Net Working Capital Surplus pursuant to this Section 3.5.2, shall pay to Seller an amount equal to such Final Net Working Capital Surplus by wire transfer of immediately available funds to the Purchase Price Bank Account.

  • Z kolei po odkryciu wraku dyskurs zdominowały pyta- nia, do kogo wrak i jego skarby należą, oraz jak można na tym zarobić.

  • The rights of the Company Securityholders to the Final Net Working Capital Surplus, Holdback Fund and Revested Cash (A) in respect of their Company Capital Stock shall be treated as deferred contingent purchase price eligible for installment treatment under Section 453 of the Code and (B) in respect of their Company Options and Promised Option Payments, shall be treated as compensation as and when received by the Company Optionholders and Promised Optionholders.

  • The “Net Working Capital Adjustment Amount ”, which may be positive or negative, means the Final Net Working Capital Surplus or Final Net Working Capital Deficiency, as the case may be, less the Estimated Net Working Capital Surplus or Estimated Net Working Capital Deficiency, as the case may be.

  • Positive Adjustment”: The excess, if any, of (A) Final Closing Cash over Estimated Closing Cash, (B) Estimated Closing Indebtedness over Final Closing Indebtedness, (D) Final Net Working Capital Surplus over Estimated Net Working Capital Surplus, and (E) Estimated Net Working Capital Shortfall over Final Working Capital Shortfall.

  • All interest and other earnings received with respect to the Escrow Amount, the Final Net Working Capital Surplus (or if applicable the Maximum Surplus Payment), the Dissenting Shares Consideration, the Accounting Expense Amount and the Stockholder Escrow Amount (less any expense incurred as a result of such investments) shall be added to and shall increase the Escrow Fund.

  • If the Final Net Working Capital exceeds the Estimated Net Working Capital (the aggregate amount of such excess being referred to herein as the " Final Net Working Capital Surplus"), Buyer shall pay to Parent the amount equal to such Final Net Working Capital Surplus in cash.

  • Negative Adjustment”: The excess, if any, of (A) Estimated Closing Cash over Final Closing Cash, (B) Final Closing Indebtedness over Estimated Closing Indebtedness, (C) Estimated Net Working Capital Surplus over Final Net Working Capital Surplus, and (D) Final Working Capital Shortfall over Estimated Net Working Capital Shortfall.


More Definitions of Final Net Working Capital Surplus

Final Net Working Capital Surplus means the amount by which the Final Net Working Capital is greater than the Estimated Net Working Capital.
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Final Net Working Capital Surplus means the dollar amount, if any, by which the Final Closing Net Working Capital Amount exceeds $0; provided, however, that if the amount of such excess is greater than $15,000,000, then the “Final Net Working Capital Surplus” shall equal $15,000,000.
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Final Net Working Capital Surplus means the amount, if any, by which Final Net Working Capital exceeds Target Net Working Capital.
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Final Net Working Capital Surplus means the amount, if any, expressed as a positive number, by which the Final Net Working Capital exceeds the Closing Net Working Capital Target; provided, however, that (i) if the Final Net Working Capital Surplus is less than or equal to $1,000,000, then for all purposes of this Agreement, the Final Net Working Capital Surplus shall be deemed to be zero and (ii) if the Final Net Working Capital Surplus is greater than$1,000,000 (i.e., a more positive number), then for all purposes of this Agreement, only the excess amount beyond $1,000,000 will be counted as the Final Net Working Capital Surplus.
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Related to Final Net Working Capital Surplus

  • Working Capital Surplus means the amount by which the Working Capital is greater than the Target Working Capital Amount.

  • Capital Surplus has the meaning assigned to such term in Section 6.3(a).

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

  • 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 Net Working Capital Amount means $0.

  • Target Working Capital Amount means $162,000,000.

  • 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.

  • 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.

  • Working Capital Deficit means the amount by which the Net Working Capital is less than the Target Net Working Capital.

  • Net Working Capital Target means $0.00.

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

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

  • 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 Closing Net Working Capital has the meaning set forth in Section 2.5.

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

  • 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).

  • Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

  • Target Net Working Capital means $36,500,000.

  • Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).

  • Capital and Surplus means, as to any Insurance Subsidiary, as of any date, the total amount shown on line 38, page 3, column 1 (or such other line on which the equivalent information is provided on any other such Annual Statement) of the Annual Statement of such Insurance Subsidiary as of such date, or an amount determined in a consistent manner for any date other than one as of which an Annual Statement is prepared.

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

  • Working Capital Target has the meaning set forth in Section 1.3(b).

  • Working Capital Escrow Amount means $500,000.

  • Working Capital Reserve shall have the meaning set forth in the Partnership Agreement.