Net Working Capital Escrow Amount definition

Net Working Capital Escrow Amount means $1,070,000.

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

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

• 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.

• Within five (5) days of the determination of the Final Closing Statement, Buyer and Seller Representative shall deliver a joint written instruction to the Escrow Agent instructing it to disburse to Buyer any portion of the Net Working Capital Escrow Amount payable to Buyer under Section 2.9(f)(i) and the remainder of the Net Working Capital Escrow Amount to the Seller Representative as further provided in Section 2.11.

• The Net Working Capital Escrow Amount (or any portion thereof) shall be distributed from the Net Working Capital Escrow Fund to the Escrow Participants and Parent at the times, and upon the terms and conditions, set forth in this Agreement and 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.

More Definitions of Net Working Capital Escrow Amount

Net Working Capital Escrow Amount is defined in Section 2.6.

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

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

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

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

Net Working Capital Escrow Amount means $750,000.

Net Working Capital Escrow Amount means an amount equal to $1,129,000 plus all interest and earnings thereon, and minus any disbursements therefrom, in each case, pursuant to the Escrow Agreement.