NWC Target definition

NWC Target means $8,610,000.
View Source
NWC Target means $5,019,000.
View Source
NWC Target means $0.
View Source

Examples of NWC Target in a sentence

  • The calculations and estimate referred to in clause (i) through (iv) of the immediately preceding sentence shall be calculated on a basis consistent with GAAP, and using the same accounting practices, policies, judgments and methodologies (including with respect to reserves and revenue recognition) used in the preparation of the Financial Statements and in the calculation of the NWC Target (“Applicable Accounting Principles”).

  • Exhibit D, which was provided by Sellers to Buyer at least three (3) Business Days before Closing, sets forth the calculation of the NWC Target, Estimated NWC, Estimated Closing Company Cash, Estimated Indebtedness and Estimated Transaction Expenses.

  • Subject to adjustment pursuant to Section 2.4, the aggregate purchase price (“Purchase Price”) for the Shares shall be $7,000,000.00 minus, if the Estimated Net Working Capital is less than the NWC Target, the amount by which Estimated Net Working Capital is less than the NWC Target, or plus, if the Estimated Net Working Capital is greater than the NWC Target, the amount by which Estimated Net Working Capital is greater than the NWC Target (collectively, “Initial Cash Consideration”) in cash.

  • In the event the parties do not agree on the Estimated Net Working Capital, the Estimated Net Working Capital will be deemed to equal the NWC Target.

  • The NWC Target, Estimated NWC, Estimated Closing Company Cash, Estimated Indebtedness and Estimated Transaction Expenses are calculated in accordance with GAAP as applied by the Companies in connection with preparation of their 2022 audited financial statements.


More Definitions of NWC Target

NWC Target means $32,400,000.
View Source
NWC Target means $250,000.
View Source
NWC Target means $5,829,619.
View Source
NWC Target means $331,441.73.
View Source

Related to NWC Target

  • KPI Target means the acceptable performance level for a KPI as set out in relation to each KPI;

  • Soft Target means a target that will suffer minimum damage and cause minimum damage to the subject vehicle in the event of a collision.

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • Acquisition Target means any Person becoming a Subsidiary of the Company after the date hereof; any Person that is merged into or consolidated with the Company or any Subsidiary of the Company after the date hereof; or any Person with respect to which all or a substantial part of that Person’s assets are acquired by the Company or any Subsidiary of the Company after the date hereof.

  • M1 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 70.00% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.