Net Working Capital Escrow Amount definition

Net Working Capital Escrow Amount means $1,500,000.

Net Working Capital Escrow Amount has the meaning set forth in Section 2(e)(iii).

Net Working Capital Escrow Amount means an amount equal to Five Hundred Thousand Dollars ($500,000).

Examples of Net Working Capital Escrow Amount in a sentence

• To the extent that the Net Working Capital Escrow Amount, Excluded Liabilities Escrow Amount or Tax Escrow Amounts are insufficient for any such payment, the party responsible (i.e., either the Acquiror (and SPC with respect to Acquiror’s obligations under this Section 2.12(e)) or the Stockholders’ Representative) for such amount shall pay, or cause to be paid, such deficiency to the other party, as appropriate, as further provided for with particularity in the Escrow Agreement.

• The Escrow Agent shall hold the Net Working Capital Escrow Amount in accordance with the terms and conditions of the Escrow Agreement.

• Within five (5) days of the determination of the Final Net Closing Statement pursuant to Section 2.9, the Net Working Capital Escrow Amount (less the amount, if any, of any Net Working Capital Deficit) shall be released to the Seller Representative.

• Now for the typical case of the non coated sample, the optical pathdifference of the two beams is given by A′B′C′ - A′D′C′.

• In the event the Net Working Capital Escrow Amount is less than the absolute value of the Final Adjustment that is a negative number, the Seller shall pay an amount equal to 98.698208% of such shortfall to the Buyer as an adjustment to the Purchase Price within the Payment Period.

More Definitions of Net Working Capital Escrow Amount

Net Working Capital Escrow Amount has the meaning set forth in Section 1.01(b)(i)(C).

Net Working Capital Escrow Amount means $750,000.

Net Working Capital Escrow Amount means $750,000. “Net Working Capital Target” means negative $421,000.

Net Working Capital Escrow Amount means the amount deposited in the Escrow Account pursuant to Section 2.8(a).

Net Working Capital Escrow Amount is defined on Schedule 1.6(a). “Net Working Capital Escrow Account” is defined in Section 1.6(a) of this Agreement. “Net Working Capital June” means the amount by which (i) Current Assets exceeds (ii) Current Liabilities, in each case, determined as of the close of business on June 29, 2014. “Net Working Capital May” means the amount by which (i) Current Assets exceeds (ii) Current Liabilities, in each case, determined as of the close of business on May 25, 2014. “Neutral Arbitrator” is defined in Section 1.8(c) of this Agreement. “Non-Disclosure and Confidentiality Agreement” is defined in Section 6.2 of this Agreement. “Objection Notice” is defined in Section 1.8(b) of this Agreement. “Open Source Software” is defined in Section 3.9(g) of this Agreement. “Option Holder” is defined in Section 1.3(a) of this Agreement. “Order” is defined in Section 2.3(c) of this Agreement. “Ordinary Course of Business” means the ordinary and usual course of normal day-to- day operations of the Company and its Subsidiaries consistent with past practice. “OWM” means onsite workforce management. “Parties” is defined in the Preamble of this Agreement. “Permits” means all permits, licenses, franchises, approvals, authorizations, consents, registrations or certificates required to be obtained from Governmental Entities. “Permitted Liens” means (i) liens for Taxes not yet due and payable or that are being contested in good faith by appropriate procedures; (ii) mechanics, carriers’, workmen’s, repairmen’s or other like liens arising or incurred in the Ordinary Course of Business;

Net Working Capital Escrow Amount has the meaning set forth in Section 3.3(a)(iii).

Net Working Capital Escrow Amount is defined in Section 2.6.