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 Adjustment means the amount, which may be positive or negative, equal to (x) Net Working Capital minus (y) $93,537,000.
Net Working Capital Adjustment shall have the meaning set forth in Section 1.2(a).
Examples of Net Working Capital Adjustment in a sentence
The results of such inventory count, subject to any adjustments for subsequent changes in inventory, shall be reflected in the Estimated Net Working Capital Adjustment Amount.
More Definitions of Net Working Capital Adjustment
Net Working Capital Adjustment means the amount (which may be positive or negative) equal to Net Working Capital minus Target Net Working Capital.
Net Working Capital Adjustment shall have the meaning specified in Section 3.03(a).
Net Working Capital Adjustment means the amount by which Net Working Capital is greater than the Net Working Capital Ceiling or less than the Net Working Capital Floor; provided that (a) the Net Working Capital Adjustment will be positive if Net Working Capital is greater than the Net Working Capital Ceiling and negative if Net Working Capital is less than the Net Working Capital Floor, and (b) the Net Working Capital Adjustment will be zero if Net Working Capital is equal to or less than the Net Working Capital Ceiling, but greater than or equal to the Net Working Capital Floor.
Net Working Capital Adjustment means (i) the amount by which Net Working Capital exceeds the Net Working Capital Target, or (ii) the amount by which Net Working Capital is less than the Net Working Capital Target, in each case, if applicable; provided that any amount which is calculated pursuant to clause (ii) above shall be deemed to be a negative number.
Net Working Capital Adjustment means the amount (if any) by which the Net Working Capital is greater or less than the Target Net Working Capital;
Net Working Capital Adjustment means Net Working Capital minus $15,989,000, expressed as a positive number if positive, and as a negative number if negative.
Net Working Capital Adjustment means (a) if the amount of the Closing Net Working Capital is less than the Target Net Working Capital, a reduction to the Aggregate Cash Purchase Price equal to the amount of such deficiency; and (b) if the amount of the Closing Net Working Capital is greater than the Target Net Working Capital, an increase to the Aggregate Cash Purchase Price equal to the amount of such excess.