Minimum Net Working Capital Amount definition

Minimum Net Working Capital Amount as defined in Section 1.9(a)
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Minimum Net Working Capital Amount means the Minimum Net Working Capital Amount reflected in Schedule B hereto as of the close of business on the applicable Adjustment Measurement Date.
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Minimum Net Working Capital Amount means $75,000 plus the aggregate Option Exercise Price (and for greater clarity, the Withholding Amount shall not be deducted from the aggregate exercise price).
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Examples of Minimum Net Working Capital Amount in a sentence

  • If the Net Working Capital of the Company as of the date of Closing is less than the Minimum Net Working Capital Amount, the Purchase Price (and the Cash Portion) shall be reduced by the amount of such shortfall.

  • The Seller covenants that the Net Working Capital (as hereinafter defined) of the Company as of date of Closing shall be no less than One Hundred Thousand and 00/100 Dollars ($100,000.00) (the "Minimum Net Working Capital Amount").

  • If the Estimated Net Working Capital Amount is more than the Minimum Net Working Capital Amount, then the Parties agree that the Company shall be permitted to utilize the amount by which the Estimated Net Working Capital Amount exceeds the Minimum Net Working Capital Amount (such excess amount, the “Excess Working Capital Amount”) to pay the Company Expenses (as defined in Section 6.8).

  • If the Net Working Capital of the Company as of the date of Closing is greater than the Minimum Net Working Capital Amount, the Purchase Price (and the Cash Portion) shall be increased by the amount of such excess.


More Definitions of Minimum Net Working Capital Amount

Minimum Net Working Capital Amount means $31,000,000.
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Minimum Net Working Capital Amount means One Hundred Fifty Thousand Dollars ($150,000).
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