Net Working Capital Calculation definition

Net Working Capital Calculation has the meaning set forth in Section 3.2.
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Net Working Capital Calculation has the meaning set forth in Section 2.8(b).
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Net Working Capital Calculation shall have the meaning ascribed to such term in Section 2.07(a)(ii).
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Examples of Net Working Capital Calculation in a sentence

  • The Estimated Closing Statement shall be calculated consistent with GAAP and the Sample Net Working Capital Calculation.

  • Seller’s calculation of the Estimated Closing Net Working Capital shall be made in accordance with the methodology set forth in Exhibit 2.6(b) (the “Target Closing Net Working Capital Calculation Statement”).

  • The Purchase Price shall be decreased, dollar for dollar, by the amount, if any, by which the Net Working Capital Calculation determined in accordance with Section 2.7(d)(i) produces an amount less than the Target Net Working Capital Amount.

  • The Purchase Price shall be increased, dollar for dollar, by the amount, if any, by which the Net Working Capital Calculation determined in accordance with Section 2.7(d)(i), produces an amount greater than the Target Net Working Capital Amount.

  • As of the Closing, Buyer shall assume such Bonus Plan and all liabilities pursuant to such Bonus Plan and Buyer covenants and agrees to promptly make all payments pursuant to the terms of such Bonus Plan if and when such payments become due and payable; provided, however, that the amount of such Bonus Plan shall be included in the Net Working Capital Calculation.

  • It is further understood that the Seller shall apply the following procedures during the preparation of the Preliminary Net Working Capital Calculation, the Closing Date Net Working Capital Calculation and the Final Closing Date Net Working Capital Calculation.

  • Within thirty (30) days following receipt of the Net Working Capital Calculation, the Shareholders' Representative may object to the Net Working Capital Calculation by giving written notice to Parent setting forth the reasons for the Shareholders' Representative's objection and the Shareholders' Representative's proposed adjustments to Parent's calculation ("Shareholder Representative's Objection").

  • Closing Net Working Capital and Closing Indebtedness shall be calculated in accordance with GAAP applied on a basis consistent with the preparation of the Balance Sheet (provided that in the event of a conflict between GAAP and consistent application thereof, GAAP shall prevail), subject to such differences in accounting principles, policies and procedures as are set forth in the Sample Net Working Capital Calculation (the “Applicable Accounting Principles”).

  • The Objection Notice shall be prepared in a manner consistent with GAAP and to the extent consistent with GAAP, the Net Working Capital Calculation.

  • Anything in this Section 7 to the contrary notwithstanding, no Indemnitee shall be entitled to be indemnified under this Section 7 for any Losses to the extent such Losses were expressly treated as a Current Liability in determining the Net Working Capital Calculation or is otherwise included in the Adjustment Calculation.


More Definitions of Net Working Capital Calculation

Net Working Capital Calculation has such meaning as set forth in Section 2.7(d)(i).
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Net Working Capital Calculation means the calculation set forth on Exhibit E, in a manner consistent with the Accounting Principles, for illustrative purposes only, of the Net Working Capital as of March 31, 2018, including the line items to be included as Current Assets and Current Liabilities in the calculation of the Net Working Capital.
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Net Working Capital Calculation has the meaning set forth in Section 2.3(b) below.
Sample 1
Net Working Capital Calculation means a sample calculation of Net Working Capital set forth on Annex IV hereto.
Sample 1
Net Working Capital Calculation has the meaning set forth in Section 1.10.
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Related to Net Working Capital Calculation

  • Consolidated Working Capital Adjustment means, for any period 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.

  • Net Working Capital Adjustment Amount means an amount, which may be a positive or negative number, equal to the Net Working Capital as of the Effective Time minus the Net Working Capital Threshold.

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

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

  • Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

  • Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).

  • 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.

  • Working Capital Amount shall have the meaning specified in Section 3.4(e).

  • Target Net Working Capital Amount means $0.

  • Net Working Capital Target means $0.00.

  • 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;

  • Consolidated Working Capital at any date, the excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date.

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • Target Working Capital Amount means $162,000,000.

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

  • Closing Date Net Working Capital has the meaning specified in Section 3.4(a).

  • Working Capital Deficit means the amount by which the Net Working Capital is less than the Target Net Working Capital.

  • Adjusted Consolidated Working Capital means, at any time, Consolidated Current Assets (but excluding therefrom all cash and Cash Equivalents) less Consolidated Current Liabilities at such time.

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

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

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.

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

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

  • Working Capital Assets means the current assets of Company and its Subsidiaries as of the Effective Time (including all Cash and Cash Equivalents), each determined in accordance with Accounting Principles but excluding all Tax assets; provided, however, in no event shall any accounts receivable relating to item #3 (System Gain/Loss) on Schedule 4.5 be included as a current asset of the Company or its Subsidiaries.