Interim Working Capital definition

Interim Working Capital has the meaning ascribed to it in Section 3.1.5;

Interim Working Capital means the amount by which the Company’s Current Assets exceed Current Liabilities, each as reflected on the Interim Balance

Interim Working Capital has the meaning set forth in Section Error! Reference source not found..

Examples of Interim Working Capital in a sentence

• If Sellers' Representative shall notify Purchaser within such two-calendar day period of any dispute by Sellers' Representative, on behalf of Sellers, with respect to the Interim Working Capital Statement, then no adjustment to the Purchase Price shall be made pursuant to this Section 2.09(a).

• If Sellers' Representative shall fail either to so notify Purchaser of acceptance by Sellers' Representative, on behalf of Sellers, of the Interim Working Capital Statement or to so notify Purchaser of any such dispute by Sellers' Representative, on behalf of Sellers, within such two-calendar day period, the Interim Working Capital Statement shall be deemed to have been accepted by Sellers' Representative, on behalf of Sellers.

• The deterioration is due to being advised that the Trust would not receive any further reinvestment of fines and penalties as a result of the dispute resolution process with the CCGs, and not being able to apply for any further capital to revenue, beyond what has already been agreed. The deficit in cash terms is being managed through a term loan of £35.6m and by utilising the agreed Interim Working Capital Facility.

• No. 96, § 1, 12-1-82)Cross reference-Functions of department of health to be performed by county, § 2-86.

• The Sellers and the Purchasers agree that a good faith estimate of the amount of the Closing Net Working Capital is -$596,000 and the resulting amount of the Working Capital Adjustment is $150,000 (the "Interim Working Capital Adjustment").

• Some investors overestimate their level of financial literacy (Sam William B.

• In addition, in the event that there is an Interim Working Capital Excess, Buyer shall pay to Sellers at the Closing by wire transfer to such bank accounts designated by Sellers an amount equal to the Interim Working Capital Excess.

• The “Post-Closing Adjustment Amount” will be equal to the amount determined by subtracting the Interim Working Capital from the Closing Working Capital.

• The “Working Capital Adjustment” shall be an amount equal to the Closing Interim Working Capital minus the Tentative Interim Working Capital.

• Within five (5) days following the agreement on the Final Closing Balance Sheet and the final determination of Closing Working Capital, Buyer shall pay to Seller in cash the amount by which the Closing Working Capital set forth in the Final Closing Statement exceeds the sum of the Working Capital Initial Payment plus the Interim Working Capital Payment.

More Definitions of Interim Working Capital

Interim Working Capital means the amount by which the Company’s Current Assets exceed Current Liabilities, each as reflected on the Interim Balance Sheet.

Interim Working Capital as defined in Section 2.9(a).

Interim Working Capital means $2,415,076, the calculation of which is set forth on Schedule 1.1-B hereto.

Interim Working Capital has the meaning specified in Section 2.02(b).