Net Working Capital Target Amount definition

Net Working Capital Target Amount means $1,340,000.

Net Working Capital Target Amount means the amount which equals $240,000.00.

Net Working Capital Target Amount means seventeen million three hundred twenty-nine thousand eight hundred and twenty-one dollars ($17,329,821).

Examples of Net Working Capital Target Amount in a sentence

• If the Closing Date Net Working Capital is less than the Net Working Capital Target Amount, the amount of such deficiency shall be deducted from the Purchase Price at the Closing.

• For the avoidance of doubt, in the event that the Net Working Capital as of the Closing Date (as determined following the Closing pursuant to Section 3.2) is equal to the Lower Net Working Capital Target Amount, or is equal to the Upper Net Working Capital Target Amount or is greater than the Lower Net Working Capital Target Amount and less than the Upper Net Working Capital Target Amount, there shall be no adjustment to the Purchase Price based upon the Net Working Capital as of the Closing Date.

• The “Preliminary Net Working Capital Adjustment Amount” shall mean the Preliminary Net Working Capital (so determined above) less the Net Working Capital Target Amount.

• The aggregate purchase price for the Shares is U.S. $39,000,000 (i) plus the amount by which Net Working Capital as of the Closing Date exceeds the Net Working Capital Target Amount, or (ii) minus the amount by which Net Working Capital as of the Closing Date is less than the Net Working Capital Target Amount (the "Purchase Price"), determined as provided in Section 1.02(b) and payable in cash as provided in Sections 1.02(b)(iv), 1.03 and 1.04.

• Net Working Capital as of 12:01 Eastern Time on the Closing Date shall be no less than the Normalized Net Working Capital Target Amount, and the Closing Cash Balance shall be no less than the Normalized Cash Balance Target Amount.

More Definitions of Net Working Capital Target Amount

Net Working Capital Target Amount means $34,289,129.

Net Working Capital Target Amount means seventeen million three hundred twenty-nine thousand eight hundred and twenty- one dollars ($17,329,821).

Net Working Capital Target Amount means negative $5,500,000.

Net Working Capital Target Amount means Three Million One Hundred Forty Seven Thousand Two Hundred One Dollars ($3,147,201). “Order” means any order, decision, injunction, judgment, decree, ruling, assessment or arbitration award of any Governmental Body or arbitrator. “Ordinary Course of Business” means an action taken by a Person consistent in nature, scope and magnitude with the past practices of such Person and taken in the ordinary course of the normal, day-to-day operations of such Person. “Owned Real Property” means that certain parcel of real property and all buildings and other improvements thereon and appurtenant thereto owned by Sellers and used in the Business. “Permitted Encumbrances” means (i) the Real Estate Encumbrances, and (ii) the Non-Real Estate Encumbrances.

Net Working Capital Target Amount means $2,000,000.

Net Working Capital Target Amount means U.S. $28,000,000.

Net Working Capital Target Amount means the amount which equals the sum of $490,000.00 and the wholesale value (to be determined by mutual agreement of the parties prior to closing) of the Company owned (but not leased) vehicles listed on the attachment to Section 3B(l) of the Disclosure Schedule entitled "Charter Vehicles," except for the 1997 GMC plant truck.