Net Working Capital Amount definition

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.

Net Working Capital Amount means the Net Working Capital of the Company as of the close of business on the date immediately preceding the Closing Date.

Net Working Capital Amount means an amount equal to the product of (a) (i) the Net Book Value of the current assets of the Business listed on Section B-2 of the Disclosure Schedule, including all cash located in the Subject Equipment as reflected in the full service change fund, less (ii) the Net Book Value of the current liabilities of the Business listed on Section B-2 of the Disclosure Schedule, in each case, as of the Closing Date and determined in accordance with the guidelines set forth on Section B-1 of the Disclosure Schedule and in accordance with the Closing Financial Information and the Agreed Financial Methodology, multiplied by (b) the Volume Percentage.

Examples of Net Working Capital Amount in a sentence

The Draft Computation shall be prepared and the Cash Amount, the Indebtedness Amount, the Net Working Capital Amount and the Transaction Expenses Amount shall be determined on a consolidated basis in accordance with the definitions set forth herein and the Accounting Principles and Exhibit A.
Within one hundred and twenty (120) days after the Closing Date, the Buyer shall prepare and deliver to the Seller: (i) the Buyer’s good faith determinations of the Cash Amount, the Indebtedness Amount, the Net Working Capital Amount and the Transaction Expenses Amount, and (ii) the Buyer’s calculation of the Closing Purchase Price (collectively, the “Draft Computation”).
For example, if the Seller claims the Net Working Capital Amount is $1,000 greater than the amount determined by the Buyer, and the Buyer contests only $500 of the amount claimed by the Seller, and if the Firm ultimately resolves the dispute by awarding the Seller $300 of the $500 contested, then the costs and expenses of the Firm will be allocated 60% (i.e., 300 ÷ 500) to the Buyer and 40% (i.e., 200 ÷ 500) to Seller.

Net Working Capital Amount means (a) the amount of all Current Assets minus (b) the amount of all Current Liabilities of the Acquired Companies on a combined basis, in each case calculated in a manner consistent with GAAP.

Net Working Capital Amount means the Net Working Capital of the Company and its Subsidiaries as of the Effective Time.

Net Working Capital Amount shall have the meaning set forth in Section 2.3(c).

Net Working Capital Amount means an amount equal to the remainder of Current Assets, minus Current Liabilities.

Net Working Capital Amount means any or all (as the context so requires) of Closing Net Working Capital, Estimated Net Working Capital, Final Net Working Capital and Net Working Capital.

Net Working Capital Amount as of a particular date shall mean (a) the current assets of TPC as of such date minus (b) the current liabilities of TPC as of such date, with both current assets and current liabilities determined in accordance with GAAP, applied in a manner consistent with the preparation of the Pro Forma Adjusted Balance Sheet (subject to the exceptions from GAAP relating to the adjustments reflected on the Pro Forma Adjusted Balance Sheet).

Net Working Capital Amount means the Net Working Capital of the Company and its Subsidiaries as of 11:59 p.m. (New York City time) on the day immediately preceding the Closing Date.