Net Working Capital Surplus definition

Net Working Capital Surplus means the amount by which the Net Working Capital is greater than the Net Working Capital Target.
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Net Working Capital Surplus means the amount by which the Final Closing Net Working Capital is greater than the sum (i) the Net Working Capital Target, plus (ii) the Surplus Collar Amount; provided that if the difference between the Final Closing Net Working Capital and the Net Working Capital Target is less than or equal to the Surplus Collar Amount, the Net Working Capital Surplus shall be deemed to be $0. By way of illustration, if the Final Closing Net Working Capital is $17,420,000.00, the Net Working Capital Surplus is $1,220,000.00.
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Net Working Capital Surplus means the amount (if any) by which the Closing Date Net Working Capital exceeds the Net Working Capital Threshold.
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Examples of Net Working Capital Surplus in a sentence

  • Buyer and Seller shall instruct the Accounting Firm to select one of its partners experienced in purchase price adjustment disputes to make a final determination of Net Working Capital and the Net Working Capital Deficit, if any, or the Net Working Capital Surplus, if any, based solely on the items that are in dispute as set forth in the Notice of Disagreement.

  • The Liability in respect of such Taxes shown as owing on such Tax Returns shall be paid by X Ray, and shall be reflected on the Final Closing Date Balance Sheet so as to increase any Net Working Capital Deficit or decrease any Net Working Capital Surplus on a dollar-for-dollar basis.

  • Upon such resolution the Parties shall jointly instruct the Escrow Agent to deliver to Sellers the excess of such Cash above the amount of the Net Working Capital Deficit, if any; or, in the case of a Net Working Capital Surplus, Team shall join with Sellers to instruct the Escrow Agent to deliver to Sellers the entirety of such Cash, and Team shall pay to Sellers (in the proportions set forth on Exhibit A) the amount of such Net Working Capital Surplus in Cash.

  • A final determination of the Net Working Capital and the Net Working Capital Surplus, if any, or the Net Working Capital Deficit, if any, as of the Closing Date, shall be made in accordance with this Section 1.5(c).

  • Similarly, the Liability in respect of Taxes owing on Tax Returns for the period January 1, 1998 through December 31, 1998 shall be reflected on the Preliminary Closing Date Balance Sheet so as to increase any Preliminary Net Working Capital Deficit or decrease any Preliminary Net Working Capital Surplus on a dollar-for-dollar basis.


More Definitions of Net Working Capital Surplus

Net Working Capital Surplus means the amount by which the Final Closing Net Working Capital is greater than the Estimated Closing Net Working Capital.
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Net Working Capital Surplus has the meaning set forth in Section 7.6.2 below.
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Net Working Capital Surplus has the meaning set forth in Section 2.4(e).
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Net Working Capital Surplus means the amount by which the Net Working Capital Value is more than the amount equal to the Net Working Capital Target plus $3,000,000.
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Net Working Capital Surplus has the meaning set forth in Section 2(b)(ii) below.
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Net Working Capital Surplus means the amount, if any, by which (A) the Final Net Working Capital is more than (B) the Closing Net Working Capital Target.
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Net Working Capital Surplus means the amount, if any, by which the Estimated Net Working Capital Amount exceeds the Final Net Working Capital Amount.
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