Minimum Net Working Capital Amount definition

Minimum Net Working Capital Amount means One Hundred Fifty Thousand Dollars ($150,000).
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Minimum Net Working Capital Amount as defined in Section 1.9(a)
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Minimum Net Working Capital Amount means $31,000,000.
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Examples of Minimum Net Working Capital Amount in a sentence

  • 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).

  • The region below 1350 cm-1, as well as that above 1450 cm-1, is well reproduced by the simulation.

  • 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").


More Definitions of Minimum Net Working Capital Amount

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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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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Related to Minimum Net Working Capital Amount

  • 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.

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

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

  • 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).

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

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

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

  • Net Working Capital Target means $0.00.

  • Target Net Working Capital means $0.

  • Target Working Capital means $0.

  • 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.

  • 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.

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

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

  • Working Capital Advance has the meaning specified in Section 2.01(a).

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

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

  • Working Capital Target means $0.

  • 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 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;

  • Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).

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

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

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