Net Working Capital Principles definition

Net Working Capital Principles means the accounting principles, procedures and valuation and other principles set forth on Exhibit B.

Net Working Capital Principles means (A) GAAP and (B) to the extent not inconsistent with the foregoing clause (A), the accounting methods, policies, practices, procedures, conventions, classifications, definitions, principles, judgments, techniques and estimation methodologies, including with respect to the nature of accounts, level of reserves or level of accruals, adopted in connection with the most recent audited Financial Statements.

Net Working Capital Principles means the accounting principles, practices and procedures set forth on Schedule B, applied on a basis consistent with the preparation of the Target Net Working Capital.

Examples of Net Working Capital Principles in a sentence

• Company shall prepare and deliver to Purchaser at the Closing a good faith estimate of Closing Date Net Working Capital (“Estimated Closing Date Net Working Capital”), determined in accordance with the Net Working Capital Principles as if it were the actual Closing Date Net Working Capital, but based upon Company’s review of financial information then available and inquiries of personnel responsible for the preparation of the financial information relating to Company in the ordinary course of business.

• The Closing Date Net Working Capital Statement shall be prepared in accordance with the Net Working Capital Principles.

• The LLC Seller shall calculate the Estimated Closing Balance Sheet and the Estimated Net Working Capital, Estimated Accounts Receivable, Estimated Prepaid Expenses, Estimated Accounts Payable and Estimated Accrued Expenses in good faith and in a manner consistent with the Net Working Capital Principles.

• The LLC Seller shall calculate the Estimated Closing Balance Sheet and the Estimated Net Working Capital in good faith and in a manner consistent with the Net Working Capital Principles.

• The Accounting Firm shall be instructed to resolve such disputes within thirty (30) days after its appointment and shall resolve such disputes based solely on the presentations of Purchaser and Seller as to the calculation of the disputed items in accordance with the Net Working Capital Principles.

More Definitions of Net Working Capital Principles

Net Working Capital Principles means the accounting principles, policies and practices reflected on Schedule 2.3(b).

Net Working Capital Principles means (A) GAAP and (B) to the extent not inconsistent with the foregoingclause (A), the accounting methods, policies, practices, procedures, conventions, classifications, definitions, principles, judgments, techniques and estimation methodologies, including with respect to the nature of accounts, level of reserves or level of accruals, adopted in connection with the most recent audited Financial Statements.

Net Working Capital Principles is defined in Section 3.2.1.

Net Working Capital Principles means the accounting principles, procedures and valuation and other principles set forth on Exhibit B. “Net Working Capital Shortfall” shall have the meaning set forth in Section 2.4(b)(ii).

Net Working Capital Principles means the accounting principles, methodologies, procedures and classifications set forth on Schedule 1.1(a).

Net Working Capital Principles means the document attached hereto as Exhibit F, setting forth certain accounting-related principles, policies, procedures and methodologies to be used in connection with the calculation of the Net Working Capital in the Estimated Closing Statement and the Closing Statement.

Net Working Capital Principles has the meaning set forth in Section 2.7(c).