Net Working Capital Excess definition

Net Working Capital Excess means the amount, if any, by which the Net Working Capital exceeds the Target Net Working Capital.
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Net Working Capital Excess shall have the meaning set forth in Section 2.5(b)(i).
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Net Working Capital Excess means the amount (if any) by which the Net Working Capital exceeds the Target Net Working Capital by more than Two Million Dollars ($2,000,000).
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Examples of Net Working Capital Excess in a sentence

  • The delivery by Parent of Parent Shares and Cash pursuant to the immediately preceding sentence shall be effected such that the Parent Shares (with each such Parent Share valued at $8.00 for purposes of such calculation) shall comprise seventy-five percent (75%) of the amount of such Company Net Working Capital Excess, and Cash shall comprise twenty-five percent (25%) of the amount of such Company Net Working Capital Excess.

  • Such Net Working Capital Excess shall be paid to the Owner within three (3) Business Days of the final determination of the Closing Net Working Capital by a wire transfer of immediately available funds.

  • In full consideration for the sale and purchase of the Shares, Buyer shall pay to Parent, in the manner set forth in this SECTION 2.2, subject to the adjustments set forth herein, an aggregate purchase price (the "PURCHASE PRICE") equal to Four Hundred Fifty Million Dollars ($450,000,000), PLUS (A) the Net Working Capital Excess, if any, or MINUS (B) the Net Working Capital Deficit, if any, as the case may be.

  • In the event that no Closing Statement Objection is delivered to Buyer pursuant to this Section 2.4(e), the Preliminary Closing Statement shall be considered the Final Closing Statement for all purposes hereunder, and the applicable Party shall pay (i) the Closing Net Working Capital Deficiency Amount or the Closing Net Working Capital Excess Amount, as applicable, pursuant to Section 2.4(g); (ii) any excess or deficiency applicable to the Company Closing Payments pursuant to Section 2.4(h); or (iii) both.

  • If there is a Net Working Capital Excess, Buyer shall promptly (but in any event within ten (10) business days following the final determination of the Closing Calculation) pay to the Company, in cash to an account designated by the Company, the amount of such Net Working Capital Excess.


More Definitions of Net Working Capital Excess

Net Working Capital Excess means the excess, if any, of (i) the Net Working Capital as of the date of the Closing Balance Sheet, less (ii) (A) Thirty-Seven Million and One Hundred Thousand Dollars ($37,100,000), less (B) the Swap Adjustment Amount.
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Net Working Capital Excess has the meaning set forth in Section 1.13(f)(ii).
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Net Working Capital Excess is defined in Section 1.10(d). “Net Working Capital Shortfall” is defined in Section 1.10(d). “Net Working Capital Statement Delivery Date” is defined in Section 1.10(b)(i). “Net Working Capital Target” means One Million Two Hundred Fifty Thousand U.S. Dollars ($1,250,000). “NYSE” means the New York Stock Exchange and any successor stock exchange or inter- dealer quotation system (or any other tier or market thereof on which the securities of Holdings may at any time be listed).
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Net Working Capital Excess has the meaning set forth in Section 3(j)(vii).
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Net Working Capital Excess. Section 1.10.4
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Net Working Capital Excess means the amount of Net Working Capital Cash Portion exceeding Two Hundred Thousand Dollars ($200,000).
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Net Working Capital Excess has the meaning set forth in SECTION 2.6(D)(II).
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