Minimum Target Working Capital definition

Minimum Target Working Capital means the difference of (x) Target Working Capital minus (y) $200,000.
Sample 1Sample 2
Minimum Target Working Capital means an amount equal to $9,000,000.
Sample 1
Minimum Target Working Capital means $1,400,000.
Sample 1

Examples of Minimum 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.

  • 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.

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

  • The initial aggregate purchase price for all of the Shares shall be (a) $340,000,000 (the “Enterprise Value”), plus (b) Estimated Cash, minus (c) Estimated Indebtedness, plus (d) the amount, if any, by which Estimated Working Capital is greater than the Maximum Target Net Working Capital, minus (e) the amount, if any, by which the Estimated Working Capital is less than the Minimum Target Working Capital (collectively, clauses (a) through (e), the “Closing Consideration”).

  • Of the four respondents as no house, one of them live in rented house at Hajigonj pourashava and three others are living with parent.

  • If the Closing Working Capital is less than the Minimum Target Working Capital, then Buyer shall receive a credit against the cash portion of the Purchase Price due at Closing equal to the difference between the Minimum Target Working Capital and the Closing Working Capital.

  • This completes the proof of the Theorem.→Remark 2.3.2. Note that we have not used the specific formula for φ in the proof.

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


More Definitions of Minimum Target Working Capital

Minimum Target Working Capital means an amount equal to $2,850,000.
Sample 1
Minimum Target Working Capital means Working Capital in the amount of $7,000,000.
Sample 1
Minimum Target Working Capital means the Target Working Capital minus the Working Capital Collar Amount.
Sample 1

Related to Minimum Target Working Capital

  • Target Net Working Capital means $0.

  • Target Working Capital means $0.

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

  • Net Working Capital Target means $0.00.

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

  • 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.

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

  • 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.

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

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

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

  • 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.

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

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

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

  • 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).

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

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

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

  • Working Capital means, with respect to the Borrower and the Subsidiaries on a consolidated basis at any date of determination, Current Assets at such date of determination minus Current Liabilities at such date of determination; provided, that, for purposes of calculating Excess Cash Flow, increases or decreases in Working Capital shall be calculated without regard to any changes in Current Assets or Current Liabilities as a result of (a) any reclassification in accordance with GAAP of assets or liabilities, as applicable, between current and noncurrent or (b) the effects of purchase accounting.

  • 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.

  • 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.

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

  • 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).