Net Working Capital Statement definition

Net Working Capital Statement has the meaning set forth in Section 2.3(a).
Net Working Capital Statement shall have the meaning set forth in Section 3.3(a).
Net Working Capital Statement shall have the meaning set forth in Section 1.5(a).

Examples of Net Working Capital Statement in a sentence

  • The Purchase Price Adjustment described in this Section 1.7 shall be based on the Closing Date Net Working Capital Statement as adjusted to take into account the Independent Accounting Firm’s determinations of those matters that are in controversy.

  • If Buyer and Seller cannot agree on appropriate changes to be made to the Closing Date Net Working Capital Statement within ten days after the delivery of Seller’s objection notice to the Closing Date Net Working Capital Statement, then Buyer and Seller shall submit the Closing Date Net Working Capital Statement, along with the written objections of Buyer and Seller, to the Independent Accounting Firm.

  • The Accounting Expert shall prepare a final Net Working Capital Statement, which statement shall assume the correctness of all amounts not in dispute and Accounting Expert shall determine all amounts which remain in dispute.

  • The timing for responding to such statement and the procedures for resolving disputes as set forth in Section 4 with respect to the P&L Statement shall apply to the Net Working Capital Statement contemplated by this Section 5(a).

  • Buyer and Seller shall request the Independent Accounting Firm to determine only those aspects of the Closing Date Net Working Capital Statement that are in controversy and to make the final determination in accordance with the terms of this Agreement, within 30 days after the request.


More Definitions of Net Working Capital Statement

Net Working Capital Statement means the statement as the Completion Date in the form set out in Part 4 of Schedule 9 which is to be prepared in accordance with the provisions of and on the basis set out in Parts 1 and 2 of that Schedule;
Net Working Capital Statement means a statement of the Net Working Capital of the Business, setting forth in reasonable detail the Assumed Payables, the Purchased Inventory and the Purchased Receivables as of 12:01 a.m. Eastern Time on the Closing Date, prepared in good faith by the Company and in substantially the form and containing substantially the line items set forth in the example calculation attached hereto as Schedule 1.1(d), with all amounts therein to be calculated in accordance with the accounting methodologies, principles and judgments applied in the preparation of the example calculation contained on Schedule 1.1(d).
Net Working Capital Statement has the meaning given such term in Section 2.6(d).
Net Working Capital Statement has the meaning given in paragraph 1.4 of Schedule 6 (Completion Accounts);
Net Working Capital Statement has the meaning set out in paragraph 1.1 of Schedule 9; Off-the-Shelf Software: all standard office application software used by the Company, including word processing, email, calendar, customer relationship management, spreadsheet and database functions; Parties: the parties to this Agreement, and each a “Party”;
Net Working Capital Statement has the meaning given to it in paragraph 5(d) below.
Net Working Capital Statement has the meaning set forth in ss.2(c)(i) below.