Net Working Capital Threshold Amount definition

Net Working Capital Threshold Amount means $1,805,963.

Net Working Capital Threshold Amount means $930,840.

Net Working Capital Threshold Amount means $10,700,000.

Examples of Net Working Capital Threshold Amount in a sentence

• If the Net Working Capital set forth on the Estimated Statement (the "Estimated Net Working Capital") is less than the Net Working Capital Threshold Amount, then the Closing Cash Payment will be reduced by the amount of such deficiency.

• If the Net Working Capital set forth on the Estimated Statement (the “Estimated Net Working Capital”) is less than the Net Working Capital Threshold Amount, then the Closing Cash Consideration will be reduced by the amount of such deficiency.

• If the Estimated Net Working Capital is more than the Net Working Capital Threshold Amount, then the Closing Cash Consideration will be increased by the amount of such excess, provided that such amount (the “Holdback Amount”) shall be held back by Parent until such time as the Net Working Capital is finally determined based on the Closing Date Statement pursuant to this Section 2.07.

• If the Estimated Working Capital Amount is greater than the Net Working Capital Threshold Amount, then the Initial Purchase Price will be increased by the amount of such excess.

• If the Working Capital as set forth on the Estimated Closing Statement (the “Estimated Working Capital Amount”) is less than the Net Working Capital Threshold Amount, then the Initial Purchase Price will be reduced by the amount of such deficiency.

More Definitions of Net Working Capital Threshold Amount

Net Working Capital Threshold Amount has the meaning set forth in section 2(f)(iii) below.

Net Working Capital Threshold Amount means One Million Four Hundred Fifteen Thousand Dollars ($1,415,000). "Nix" has the meaning set forth in the Preamble.

Net Working Capital Threshold Amount means Two Million Four Hundred Fifty-Three Thousand Five Hundred Twenty-One ($2,453,521). "Non-Compete Period" means the period beginning on the Closing Date and ending on the fifth anniversary of the Closing Date.

Net Working Capital Threshold Amount means (a) $54,500,000 (comprising (i) Working Capital of the EPDM Business and the Monochem Business of $38,600,000, plus (ii) Accounts Receivable of the Rubber Chemicals Business of $15,900,000), plus (b) $8,900,000 (comprising (i) an estimate of Inventory of the Rubber Chemicals Business of $16,800,000, less (ii) an estimate of Accounts Payable of the Rubber Chemicals Business of $7,900,000), in each case subject to adjustment pursuant to Section 6.29. As of the Closing, the amount in clause (b) of this definition shall be replaced with an amount equal to (A) the actual Inventory of the Rubber Chemicals Business as of the Closing Date as calculated in accordance with the methodology set forth in Schedule 1.1(k), less (B) the actual Accounts Payable of the Rubber Chemicals Business as of the Closing Date as calculated in accordance with the methodology set forth in Schedule 1.1(k).

Net Working Capital Threshold Amount means $4,862,694.

Net Working Capital Threshold Amount means Two Million Four Hundred Fifty-Three Thousand Five Hundred Twenty-One ($2,453,521).

Net Working Capital Threshold Amount means $49,634,331, provided that such amount is subject to adjustment in accordance with Section 6.32.