Examples of Preliminary Adjusted Working Capital in a sentence

Any excess of the Target Working Capital over the Preliminary Adjusted Working Capital Amount, is herein referred to as the "Preliminary Deficiency"; and any excess of the Preliminary Adjusted Working Capital Amount over the Target Working Capital is herein referred to as the "Preliminary Surplus".
No adjustment will be made to the amount of the Purchase Price payable at the Closing if Preliminary Adjusted Working Capital, as reflected on the Preliminary Adjusted Working Capital Statement, is greater than the Minimum Adjusted Working Capital Target Amount.
No later than three Business Days prior to the Closing Date, Holdings shall have delivered to Acquisition the balance sheet as of the Preliminary Adjustment Date, the calculations of the Preliminary Adjusted Working Capital Amount and the officer's certificate described in Section 2.4(a).
The cash portion of the Purchase Price payable at the Closing pursuant to Section 2.3(a)(iii) will be decreased, Dollar‑for‑Dollar, if and to the extent that Preliminary Adjusted Working Capital, as reflected on the Preliminary Adjusted Working Capital Statement, is less than the Minimum Adjusted Working Capital Target Amount.
If the Adjusted Closing Working Capital (as adjusted, if necessary, to reflect the resolution of any disputed items pursuant to Section 9.1(c) is greater than the Preliminary Adjusted Working Capital Amount, then the Surviving Corporation shall pay the amount of the excess (the "Working Capital Surplus") to or for the benefit of the Stockholders, in accordance with the instructions of the Stockholder Representative.
The Preliminary Adjusted Working Capital Statement will be prepared by Company based upon the Interim Financial Statements and in accordance with GAAP, consistently applied, and on a basis consistent with, and subject to, the estimates, prorations, methods, principles, practices and policies employed in the preparation of Company’s calculation of Adjusted Working Capital as of May 31, 2013, a copy of which calculation is attached hereto as Schedule 2.5(a).

More Definitions of Preliminary Adjusted Working Capital

Preliminary Adjusted Working Capital as defined in Section 2.5(a).

Preliminary Adjusted Working Capital has the meaning set forth in Section 4.4(a).

Related to Preliminary Adjusted Working Capital

Adjusted Working Capital means the remainder of (a) the consolidated current assets of the Obligors minus the amount of cash and cash equivalents included in such consolidated current assets, minus (b) the consolidated current liabilities of the Obligors minus the amount of consolidated short-term Debt (including current maturities of long-term Debt) of the Obligors included in such consolidated current liabilities.
Consolidated Working Capital Adjustment means, for any period of determination on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.
Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;
Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.
Working Capital Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.
Estimated Working Capital has the meaning set forth in Section 2.3(a).
Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.
Working Capital Adjustment has the meaning set forth in Section 2.5(a).
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the open of business on the Closing Date.
Actual Working Capital has the meaning set forth in Section 2.7(a).
Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).
Final Working Capital has the meaning set forth in Section 2.04(b).
Base Working Capital means $25,000,000.
Estimated Net Working Capital has the meaning set forth in Section 2.3(a).
Adjusted Consolidated Working Capital means, at any time, Consolidated Current Assets (but excluding therefrom all cash and Cash Equivalents) less Consolidated Current Liabilities at such time.
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).
Consolidated Working Capital means, as at any date of determination, the excess of Current Assets over Current Liabilities.
Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).
Target Net Working Capital Amount means $5,000,000.
Target Net Working Capital means $0.
Final Working Capital Statement has the meaning set forth in Section 2.04.
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

Preliminary Adjusted Working Capital definition

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Related to Preliminary Adjusted Working Capital