Maximum Working Capital definition

Maximum Working Capital means $75,000,000, (D) “Minimum Working Capital” shall mean $65,000,000, (E) “Cash Amount” shall mean an amount, in United States dollars, equal

Maximum Working Capital. Section 3.1(c) “Merger I” Recitals “Merger II” Recitals “Merger Subs” Recitals

Maximum Working Capital means (i) $1.5 million in the event the Effective Time of Merger I occurs on or prior to the 60th day following the date of this Agreement, (ii) $750,000 in the event the Effective Time of Merger I occurs after the 60th day and on or prior to the 90th day following the date of this Agreement, and (iii) $250,000 in the event the Effective Time of Merger I occurs after the 90th day and on or prior to the 120th day following the date of this Agreement. “Final Working Capital” means Closing Working Capital as shown in Parent’s calculation delivered pursuant to Section 3.1(a), if no Working Capital Dispute Notice is duly delivered pursuant to Section 3.1(b); or if a Working Capital Dispute Notice is duly delivered, as finally determined pursuant to Section 3.1(b); provided that, in no event shall Final Working Capital be less than Parent’s calculation of Closing Working Capital set forth in the Closing Balance Sheet delivered pursuant to Section 3.1(a) or more than the Shareholders’ Agents’ calculation of Closing Working Capital set forth in the Working Capital Dispute Notice delivered pursuant to Section 3.1(b).

Examples of Maximum Working Capital in a sentence

• Advance Cap shall increase in an amount equal to 100% of the increase in Commitments in excess $150,000,000; provided that, in no event shall the Maximum Working Capital Advance Cap exceed $200,000,000.

• The Minimum Working Capital Requirement and the Maximum Working Capital Requirement shall be so adjusted as shall be mutually agreed to by the Shareholders and the Purchaser.

• Contemporaneously with the execution of this Amendment, Borrower shall deliver to each Lender an Amended and Restated Working Capital Line Note in the face amount equal to such Lender’s Pro Rata Line Percentage of the Maximum Working Capital Line Amount.

• The Cash Consideration shall be adjusted upward, dollar for dollar, to the extent that the Estimated Working Capital exceeds $8,700,000 (which shall be treated as a positive number) (the "Maximum Working Capital").

• For the avoidance of doubt, in the event the Estimated Working Capital is equal to or greater than the Target Minimum Working Capital and is equal to or less than the Target Maximum Working Capital, then no adjustment shall be made to the cash portion of the Merger Consideration pursuant to this Section 2(h).

• Advance Cap shall increase in an amount equal to 100% of the increase in Commitments in excess $192,500,000; provided that, in no event shall the Maximum Working Capital Advance Cap exceed $250,000,000.

• At no time shall the unpaid principal balance of the Working Capital Loan exceed the Maximum Working Capital Loan Amount.

• As of any date, the aggregate amount of all Working Capital Advances made by all Working Capital Lenders hereunder and that remain outstanding and unpaid from time to time plus the aggregate amount of all ConEd Letter of Credit Exposure on such date, shall not in any event exceed the Maximum Working Capital Loan Amount.

• Borrower will use (or will loan such proceeds to its Companies to so use) all proceeds of Borrowings for one or more of the following: (a) to finance the Permitted Acquisitions; and (b) to finance Capital Expenditures, for working capital and for general corporate purposes up to the Maximum Working Capital Commitment.

• Following such determination, for all purposes under this Agreement, the Target Minimum Working Capital shall be equal to the amount set forth in the definition thereof multiplied by the Working Capital Ratio, and the Target Maximum Working Capital shall be equal to the amount set forth in the definition thereof multiplied by the Working Capital Ratio.

More Definitions of Maximum Working Capital

Maximum Working Capital means an amount equal to $640,000,000.00 (six hundred forty million Pesos 00/100).

Maximum Working Capital means an amount equal to $640,000,000.00 (six hundred forty million Pesos 00/100). “Memorandum of Understanding” is defined in Section 4.2.

Maximum Working Capital means $79,800,000.