Final NWC definition

Final NWC has the meaning set forth in Section 2.11(a).
Final NWC has the meaning given to it in Section 2.6(c).
Final NWC means (i) the Preliminary NWC if deemed final pursuant to Section 2.4(c), (ii) the Net Working Capital deemed by mutual agreement of the Purchaser and the Seller to be the Final NWC or (iii) the Net Working Capital determined by the Independent Accounting Firm to be the Final NWC in accordance with Section 2.4(d), whichever shall first occur.

Examples of Final NWC in a sentence

  • If LMP and Xxxxxxxx reach a final resolution on the Final NWC Statement within 15 days after LMP’s receipt of the Objection Notice (or within any additional period as mutually agreed to between LMP and the Xxxxxxxx), then the Final NWC Statement agreed upon by LMP and Xxxxxxxx shall be deemed for purposes of this Section 1.6 to be the “Final NWC Statement” and shall be final and binding on all Parties.

  • Any such Objection Notice shall specify those items or amounts as to which Xxxxxxxx disagrees, and Xxxxxxxx shall be deemed to have agreed with all other items and amounts contained in the Final NWC Statement.

  • To the extent that after Closing Xxxxxxxx receive any funds or other assets in connection with any Company Group Entity’s Business, which was included in determining the Final NWC Statement, Xxxxxxxx shall promptly deliver such funds and assets to such Company Group Entity and take all steps necessary to vest title to such funds and assets in the Company Group Entity.

  • Should there be an Final NWC Surplus, the Company shall, on the 2rd Business Day following the determination of the Final NWC Statement, make a distribution of return of capital to the Xxxxxxxx in the form of cash in amount equal to such surplus.

  • This is probably due to the fact that with many savings products, the saver a larger basket to choose from.

  • In determining the Final NWC Statement, the Neutral Accountant shall act as an expert and not as arbitrator.

  • If Sellers have any objections to the Final NWC Certificate, Sellers shall deliver to Buyer a statement setting forth its objections thereto (an “Objections Statement”), provided that the only bases for objections shall be (i) non-compliance with the standards set forth above for preparation of the Final NWC Certificate, or as set forth in the definition of Net Working Capital, and (ii) mathematical errors.

  • In the case that Buyer delivers a Notice of No Objection, there shall be no Review Period and the NWC Statement delivered by Sellers shall be deemed the Final NWC Statement and shall be deemed final and binding upon all of the Parties.

  • If an Objections Statement is not delivered to Buyer within thirty (30) days after delivery of the Final NWC Certificate, the Final NWC Certificate shall be final, binding and non-appealable by the parties hereto.

  • The Final NWC Certificate shall be modified if necessary to reflect such determination.


More Definitions of Final NWC

Final NWC means the Net Working Capital as of the Closing Date. Final NWC shall be prepared using the same policies, methodologies and assumptions used in connection with the preparation of the determination of Net Working Capital set forth on Schedule 1.
Final NWC has the meaning set forth in Section 3.2.
Final NWC. Is defined in Section 1.6(d) of this Agreement.
Final NWC has the meaning set forth in the definition of “True-Up Amount.”

Related to Final NWC

  • Final Map means a final tract map, parcel map, lot line adjustment, or functionally equivalent map or instrument that creates building sites, recorded in the County Office of the Recorder.

  • Final Working Capital Statement has the meaning set forth in Section 2.04.

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

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Disputed Amount means an amount which Customer disputes. A Disputed Amount may relate to the whole or part of an invoice(s).

  • Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).

  • Expense Adjusted Mortgage Rate With respect to any Mortgage Loan (or the related REO Property) as of any date of determination, a per annum rate of interest equal to the then applicable Mortgage Rate for such Mortgage Loan minus the sum of the (i) the Servicing Fee Rate and (ii) the Credit Risk Manager Fee Rate.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Final Allocation has the meaning set forth in Section 2.3.

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

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • Final Statement means the statement defined in Sub-Clause 14.11 [Application for Final Payment Certificate].

  • Final rate means an indirect cost rate applicable to a specified past period which is based on the actual allowable costs of the period. A final audited rate is not subject to adjustment.

  • Final Closing Statement has the meaning set forth in Section 2.4(a).

  • Final DIP Order means a final order of the Bankruptcy Court approving the DIP Facilities Motion, which order shall be consistent in all material respects with this Agreement and the DIP Credit Agreements and otherwise in form and substance acceptable to the Debtors and the Requisite Consenting Creditors.

  • Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).

  • 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 Adjustment Statement has the meaning set forth in Section 2.6(c).

  • Final Cash has the meaning set forth in Section 3.2(b).

  • Final Price means, with respect to a Security and an Auto-Call Valuation Date or the Valuation Date, subject to the Adjustment Provisions, the price of such Security as determined by the Calculation Agent as of the Valuation Time on the relevant Exchange on such Auto-Call Valuation Date or the Valuation Date, as the case may be.

  • Final Payment Statement shall have the meaning set forth in Clause 19.13;

  • 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.

  • Independent Amount means zero with respect to Party A and Party B.