Net Working Capital Shortfall definition

Net Working Capital Shortfall means the dollar amount by which the Closing Net Working Capital is less than the Net Working Capital Target, if any.

Net Working Capital Shortfall means the amount, if any, by which the Targeted Net Working Capital Amount exceeds the Closing Net Working Capital Amount.

Net Working Capital Shortfall shall have the meaning set forth in Section 2.5(b)(ii).

Examples of Net Working Capital Shortfall in a sentence

• The leakage power is 13.39-19.24% of the total power consumption for FIR32 and SpMV.

• The Adjustment Amount Statement shall (i) with respect to the Net Cash Balance calculation and the Net Working Capital Shortfall calculation, be prepared in accordance with U.S. GAAP applied on a basis consistent with the preparation of the Financial Statements and (ii) be certified by a financial officer of the Company.

• The Working Capital Escrow Amounts will be held by the Working Capital Escrow Agent pending calculation of the Final Net Working Capital pursuant to Section 3.8 and the payment or receipt, if any, of the Net Working Capital Shortfall or Net Working Capital Overage, as applicable, pursuant to Section 3.8(c).

• The Reviewing Accountant’s calculation of the Company Closing Debt, 15 Company Net Working Capital Surplus (if any) and Company Net Working Capital Shortfall (if any) shall be, with respect to any specific discrepancy or disagreement, no greater than the higher amount calculated by Parent or the Representative, as the case may be, and no lower than the lower amount calculated by Parent or the Representative, as the case may be.

• If, however, there is a Net Working Capital Shortfall as calculated in the Final Statement, then the principal amount of the Seller Note shall be reduced by the amount of such Net Working Capital Shortfall as of and at the time of such calculation.

More Definitions of Net Working Capital Shortfall

Net Working Capital Shortfall has the meaning assigned in Section 5.5.

Net Working Capital Shortfall shall have the meaning set forth in Section 1.4.

Net Working Capital Shortfall means the amount, if any, by which $2,500,000 exceeds Net Working Capital.

Net Working Capital Shortfall has the meaning set forth in Section 1.3(c).

Net Working Capital Shortfall has the meaning set forth in Section 3.8(c) of this Agreement.

Net Working Capital Shortfall means (i) if the Net Working Capital is less than the Minimum Net Working Capital, the positive difference between the Net Working Capital and the Minimum Net Working Capital, and (ii) if the Net Working Capital is equal to or more than the Minimum Net Working Capital, zero.

Net Working Capital Shortfall means the amount, if any, by which (A) the Final Net Working Capital is less than (B) the Closing Net Working Capital Target.