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 (if any) by which the Closing Date Net Working Capital exceeds the Net Working Capital Threshold.
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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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Examples of Net Working Capital Surplus in a sentence

  • The Parent Closing Statement shall set forth Parent’s calculation of the following: (i) the Closing Indebtedness Amount; (ii) the Unpaid Transaction Expenses; (iii) the Unpaid Pre-Closing Taxes; (iv) the Closing Cash Amount; (v) the Net Working Capital and, based thereon, the Net Working Capital Surplus or the Net Working Capital Shortfall, as applicable; and, based on the foregoing, Parent’s calculation of the Closing Adjustment Amount (the “Parent Closing Adjustment Amount”).


More Definitions of Net Working Capital Surplus

Net Working Capital Surplus means the amount by which the Closing Net Working Capital is greater than the Target 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 4.5(g).
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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 1.3(a).
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Net Working Capital Surplus of a Group Company shall mean in the case of Maintenance, 45%, and, in the case of Energy, 55%, of the amount, if any, by which the aggregate Net Working Capital of the Group Companies (taken together) is greater than the Target Working Capital.
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Net Working Capital Surplus has the meaning set forth in Section 2(b)(ii) below.
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