Net Working Capital Deficit definition

Net Working Capital Deficit means the amount, if any, by which the Reference Net Working Capital Amount exceeds the Net Working Capital Amount.

Net Working Capital Deficit means a Net Working Capital determination at Closing that is less than zero.

Net Working Capital Deficit means the amount by which the Estimated Working Capital is greater than the Net Working Capital.

Examples of Net Working Capital Deficit in a sentence

• In the event that the Cash portion of the Deferred Payment shall be insufficient to satisfy a Preliminary Net Working Capital Deficit, then the Sellers agree to pay to Team the amount of such Preliminary Net Working Capital Deficit in Cash within five (5) business days after resolution of the Claim for such Preliminary Net Working Capital Deficit under Section 2.3.3 above.

• The Liability in respect of such Taxes shown as owing on such Tax Returns shall be paid by X Ray, and shall be reflected on the Final Closing Date Balance Sheet so as to increase any Net Working Capital Deficit or decrease any Net Working Capital Surplus on a dollar-for-dollar basis.

• If within such thirty (30) day period, Seller does not submit such a notice of objection, the Net Working Capital Statement, the Net Working Capital and the Net Working Capital Surplus, if any, or the Net Working Capital Deficit, if any, as set forth in the Net Working Capital Statement shall be deemed accepted by Seller, but if Seller does timely object to the Closing Date Balance Sheet or the Net Working Capital Statement, such objections shall be resolved as provided in Section 1.5(d).

• Any Preliminary Net Working Capital Deficit shall be increased dollar-for-dollar by the amount of Unassumed Liabilities, if any, appearing on the Preliminary Closing Date Balance Sheet; any Preliminary Net Working Capital Surplus shall be reduced dollar-for-dollar by the amount of Unassumed Liabilities, if any, appearing on the Preliminary Closing Date Balance Sheet.

• The strategic details of its individual planned and actual promotion and advertising programs are regarded as commercial-in- confidence.

More Definitions of Net Working Capital Deficit

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

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

Net Working Capital Deficit means the amount by which the Estimated Closing Net Working Capital is greater than the Final Closing Net Working Capital.

Net Working Capital Deficit means the amount by which the Estimated Working Capital is greater than the Net Working Capital calculated in accordance with Section 2.8.

Net Working Capital Deficit means the amount by which the Net Working Capital Value is less than the amount equal to the Net Working Capital Target minus $3,000,000.

Net Working Capital Deficit means the amount by which the Estimated Closing Working Capital is greater than the Closing Working Capital set forth in the Final Closing Statement.

Net Working Capital Deficit means the amount by which the Net Working Capital Target exceeds the Net Working Capital Amount as of December 31, 2011.