Examples of Normalized Working Capital in a sentence
The cash consideration payable at Closing by Purchaser to the Seller Representative Account pursuant to Section 2.2 shall be (i) increased by the amount, if any, by which the Estimated Net Working Capital exceeds the Normalized Working Capital Amount or (ii) decreased by the amount, if any, by which the Normalized Working Capital Amount exceeds the Estimated Net Working Capital.
The aggregate purchase price (the -------------- "Purchase Price") for the Transferred Assets shall be US$67,000,000 (the "Base -------------- ---- Purchase Price"), MINUS the Normalized Working Capital, PLUS Final Inventory -------------- Value.
As promptly as possible, but no later than thirty (30) days after the Closing Date, the Seller shall deliver to the Buyer the Final Balance Sheet and a statement certifying the Seller’s good faith calculation of the Normalized Working Capital of the Business as of the Effective Time (such statement to be attached hereto as Schedule 1.8(a), the “Final Normalized Working Capital Statement”, and the Normalized Working Capital set forth thereon, the “Final Normalized Working Capital”).
In making such decision, such auditor shall consider only those items or amounts on the Preliminary Normalized Working Capital Statement and/or the Final Normalized Working Capital Statement as to which the Buyer has disagreed.
The aggregate purchase price (the “Purchase Price”) for the Transferred Assets shall be US$67,000,000 (the “Base Purchase Price”), MINUS the Normalized Working Capital, PLUS Final Inventory Value.