Net Working Capital Increase definition

Net Working Capital Increase means the amount by which the Net Working Capital is greater than $6,000,000.
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Net Working Capital Increase has the meaning attributed to such term in Section 2.6(1).
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Examples of Net Working Capital Increase in a sentence

  • Of Property & Equipment Acquisition and Disposition of Property and Equipment expense of $16.4mm in 2023E, $8.4mm in 2024E, and $6.0mm thereafter Net Working Capital Increase in Net Working Capital of $1.0mm in 2023E, $2.1mm in in 2024E, $0.6mm in 2025E, $0.3mm in 2026E, and $0.1mm in 2027E Other Marginal tax rate of 26% (21% Federal income tax rate and 5% State income tax rate) applied to EBIT Rent Expense discontinued in 2021 as a result of business restructuring Sources: ALR Management as of 01/04/2023.

  • Buyer will at the time any adjustments pursuant to a Net Working Capital Increase are due have adequate funds to fund any such adjustments.

  • The holder of such Certificate shall also be entitled to such holder’s portion of the Final Net Working Capital Increase, if any, when such amount is finally determined in accordance with Section 2.7(a)(ii).

  • In the event of a Net Working Capital Increase, Buyer shall deliver to the Company such amount by wire transfer of immediately available funds to such accounts as the Company specifies in written instructions to Buyer within thirty (30) days following the final determination of such amount pursuant to this Section 2.3(c).

  • If the Net Working Capital Adjustment Amount is greater than the Estimated Net Working Capital Adjustment Amount (such difference, the “Net Working Capital Increase Amount”), then within five (5) days after the Determination Date, Purchaser shall pay to Seller the Net Working Capital Increase Amount.

  • As consideration for the sale to Buyer of the Assets, subject to the provisions of Section 2.4 hereof, Buyer shall pay to Seller cash in the amount of (i) thirty two million, eight hundred eighty four thousand, six hundred dollars ($32,884,600), less (ii) the amounts, if any, set forth on Schedule 2.2(b) hereto, plus (iii) the Net Working Capital Increase, if any, less (iv) the Net Working Capital Decrease, if any (“Purchase Price”).

  • Of Property & Equipment Acquisition and Disposition of Property and Equipment expense of $16.4mm in 2023E, $8.4mm in 2024E, and $6.0mm thereafter Net Working Capital Increase in Net Working Capital of $1.0mm in 2023E, $2.1mm in in 2024E, $0.6mm in 2025E, $0.3mm in 2026E, and $0.1mm in 2027E Source: ALR Management as of 02/02/2023.

Related to Net Working Capital Increase

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Target Net Working Capital Amount means $5,000,000.

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).

  • Target Working Capital Amount means $75,000,000.

  • Net Working Capital Target means $0.00.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Base Working Capital means $25,000,000.

  • Target Net Working Capital means $0.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Working Capital Amount means the difference between (x) the total current assets of the Company and its Subsidiaries and (y) the total current liabilities (other than the New Company Debt, the Existing Company Debt and Deal Expenses) of the Company and its Subsidiaries (in each case calculated in accordance with GAAP immediately prior to the Effective Time and after giving effect to the Contribution, the Distribution and the disposition of cash and cash equivalents contemplated by Section 6.24).

  • Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).

  • Target Working Capital means $0.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

  • Estimated Net Working Capital has the meaning set forth in Section 2.3(a).

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the open of business on the Closing Date.

  • Consolidated Working Capital Adjustment means, for any period of determination on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Working Capital Advance has the meaning specified in Section 2.01(a).

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).