Final Working Capital Deficit definition

Final Working Capital Deficit shall exist in the amount of the difference between the Lower Working Capital and the Final Net Working Capital Threshold.
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Final Working Capital Deficit means the amount by which Final Working Capital is less than Target Working Capital, if any.
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Final Working Capital Deficit has the meaning set forth in Section 2.2(a).
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Examples of Final Working Capital Deficit in a sentence

  • If Seller fails to dispute the Closing Date Balance Sheet, including the computation of the Final Working Capital Deficit, during the Seller Review Period, Seller shall be deemed to have accepted the terms of the Closing Date Balance Sheet, including the Seller Adjustment Payment or the Purchaser Adjustment Payment thereunder, as determined by Purchaser.

  • The Selected Auditor shall make a determination of the Final Working Capital Deficit and the Seller Adjustment Payment or the Purchaser Adjustment Payment thereunder, as applicable, within 60 days following the end of the Resolution Period.

  • If Seller disputes the computation of the Final Working Capital Deficit during the Seller Review Period, then Seller and Purchaser shall have 20 business days from the delivery of notice of its dispute to Purchaser to reach an agreement with regard to the disputed computation (the "RESOLUTION PERIOD").

  • The Closing ----------------------------------------- Working Capital Deficit Statement shall calculate the amount, if any, by which the Final Working Capital Deficit exceeds the Target Amount (a "Purchaser Credit") which amount, if any, shall be due to HPSI from the Stockholder and payable in cash subject to the adjustments set forth below.

  • The Selected Auditor shall make a determination of the Final Working Capital Deficit and the Seller Adjustment Payment or the Purchaser Adjustment Payment 9 <PAGE> thereunder, as applicable, within 60 days following the end of the Resolution Period.

  • If Seller disputes the computation of the Final Working Capital Deficit during the Seller Review Period, then Seller and Purchaser shall have 20 business days from the delivery of notice of its dispute to Purchaser to reach an agreement with regard to the disputed computation (the “Resolution Period”).

  • If the Net Working Capital as reflected on the Final Closing Statement is less than the Estimated Net Working Capital (the amount of such shortfall, if any, is hereinafter referred to as the “Final Working Capital Deficit”), the Seller shall pay to the Buyer, on a dollar-for-dollar basis, an amount equal to the Final Working Capital Deficit.


More Definitions of Final Working Capital Deficit

Final Working Capital Deficit has the meaning set forth in Section 3.4(f)(i).
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Final Working Capital Deficit means the amount, if any, by which the Estimated Working Capital exceeds the Closing Date Working Capital, as finally determined pursuant to Section 2.8.2 hereof. 3063972 61
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Related to Final Working Capital Deficit

  • Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.

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

  • 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 Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.

  • Working Capital Adjustment has the meaning set forth in Section 2.5(a).

  • 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.

  • 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.

  • 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 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.

  • Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;

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

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

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

  • Working Capital Target means $0.

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

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

  • Net Working Capital Target means $0.00.

  • Working Capital Escrow Amount means $2,000,000.

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

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

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

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

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

  • 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.

  • 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).