Maximum Target Working Capital definition

Maximum Target Working Capital means the sum of (x) the Target Working Capital plus (y) $200,000.
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Maximum Target Working Capital means $1,700,000.
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Maximum Target Working Capital means the Target Working Capital plus the Working Capital Collar Amount.
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Examples of Maximum Target Working Capital in a sentence

  • If the Estimated Closing Working Capital is greater than the Minimum Target Working Capital and less than the Maximum Target Working Capital, then no adjustment shall be made to the Closing Cash Payment with respect to the Estimated Working Capital.

  • If as a result of such recalculation, the Closing Cash Payment (giving effect to the Minimum Target Working Capital or Maximum Target Working Capital, as applicable) is less than the amount paid at Closing (such difference, the “Downward Closing Cash Adjustment”), then within three (3) Business Days after the final determination thereof, the Seller shall reduce the principal amount of the Note dollar-for-dollar by an amount equal to the Downward Closing Adjustment.

  • Within this e-mail of representation the objector requested that the application be referred to Members for determination.

  • If the Final Working Capital is greater than the Maximum Target Working Capital, the amount of the upward adjustment of the Purchase Price will be limited to the sum of (x) the amount by which the Minimum Target Working Capital exceeds the Estimated Working Capital plus (y) the amount by which the Final Working Capital exceeds the Maximum Target Working Capital.

  • If the amount of Final Working Capital is greater than the Maximum Target Working Capital, then the Purchaser will pay to the Seller the amount by which the Final Working Capital exceeds the Maximum Target Working Capital.

  • If the amount of Final Working Capital is less than or equal to the Maximum Target Working Capital and greater than or equal to the Minimum Target Working Capital, there will be no further adjustment to the Purchase Price.


More Definitions of Maximum Target Working Capital

Maximum Target Working Capital means $1,700,000. “Members” means all of the holders of Units.
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Maximum Target Working Capital means an amount equal to $7,600,000.
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Maximum Target Working Capital means an amount equal to $3,150,000.
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Maximum Target Working Capital means an amount equal to $10,500,000.
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Related to Maximum Target Working Capital

  • Target Net Working Capital means $0.

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

  • Target Net Working Capital Amount means an amount equal to $23,085,000.00.

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

  • Net Working Capital Target means $0.00.

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

  • Working Capital Target means $0.

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

  • 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.

  • 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.

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

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

  • Closing Net Working Capital means the Net Working Capital as of the open of business on the Closing Date.

  • 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).

  • Base Working Capital means $25,000,000.

  • Closing Date Net Working Capital has the meaning set forth in Section 2.7(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.

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

  • 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.

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

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

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

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

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the open of business on the Closing Date.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • 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.