Net Working Capital Difference means the amount (which may be negative, positive or zero) equal to (1) Net Working Capital as of the Purchase Price Measurement Time, minus (2) Target Net Working Capital.
Net Working Capital Difference means (i) if the Net Working Capital is less than the Target Working Capital, the negative difference between the Net Working Capital and the Target Working Capital, (ii) if the Net Working Capital is equal to the Target Working Capital, zero; and (iii) if the Net Working Capital is more than the Target Working Capital, the positive difference between the Net Working Capital and the Target Working Capital.
Net Working Capital Difference has the meaning given to it in Section 2.2(b).
Examples of Net Working Capital Difference in a sentence
As such, to the extent the Target Group has any Net Working Capital Difference and Net Debt Difference as of the First Closing Date, there shall be an adjustment payment equal to the Post-Closing Adjustment Amount that is payable either from the Seller and Founder to the Buyer, or vice versa, in each case calculated pursuant to this Article 3.
More Definitions of Net Working Capital Difference
Net Working Capital Difference means the amount, if any, by which Closing Net Working Capital (as adjusted for Retained Liabilities and Excluded Assets) is less than $435,000 (it being understood that no adjustment will be made if Closing Net Working Capital is greater than $435,000).
Net Working Capital Difference shall have the meaning set forth in Section 5.24(c).
Net Working Capital Difference means an amount equal to: First Closing Net Working Capital minus RMB 645,243,000.