Preliminary Closing Date Net Working Capital definition

Preliminary Closing Date Net Working Capital has the meaning given in Section 3.2(b) of this Agreement.

Preliminary Closing Date Net Working Capital has the meaning specified in Section 3.3(a).

Preliminary Closing Date Net Working Capital has the meaning specified in Section 4.5(a)(ii).

Examples of Preliminary Closing Date Net Working Capital in a sentence

• If Buyer does not object to Seller’s calculation of Preliminary Closing Date Net Working Capital (and any adjustments resulting therefrom) within such 20 Business Day period, then Buyer will be deemed to have accepted Seller’s calculation thereof.

• Seller will provide copies and otherwise make available to Buyer and its representatives the work papers and back-up materials used in preparing the Closing Date Balance Sheet and calculating the Preliminary Closing Date Net Working Capital.

• If the Parties are unable to resolve all objections to Seller’s calculation of the Preliminary Closing Date Net Working Capital within 10 Business Days after Seller receives Buyer’s statement of objections, then the Parties will select a mutually acceptable, nationally-recognized accounting firm (which may not be the auditors of either Party) to resolve any remaining objections.

• At the Closing, the Initial Purchase Price shall be increased dollar-for-dollar by the amount that the Preliminary Closing Date Net Working Capital is greater than the Target Net Working Capital.

• In the event that the Buyer does not agree with the Company’s estimate, the Company and the Buyer shall negotiate in good faith to mutually agree as promptly as practicable on an acceptable estimate of the Preliminary Closing Date Net Working Capital Statement.

• At the Closing, the amount of the Purchase Price that the Buyer shall be required to pay to the Company pursuant to this Agreement shall be adjusted by the difference between the Preliminary Closing Date Net Working Capital and the Target Net Working Capital.

• If the Working Capital set forth in the Final Statements is less than the Preliminary Closing Date Net Working Capital Amount set forth on the Preliminary Closing Date Net Working Capital Statement, then Sellers shall owe an amount equal to such shortfall to Purchaser (or SPC Investment in respect of any portion of such shortfall included in the calculation of the Optionholders Proportionate Adjustment Amount) (provided such shortfall is greater than $150,000).

• The Preliminary Closing Date Net Working Capital Statement shall be accompanied by reasonable supporting documentation.

• Transporter shall perform and Shipper shall receive service in accordance with the provisions of Transporter’s effective Rate Schedule FT and the applicable General Terms and Conditions of Transporter's FERC Gas Tariff on file with the Federal Energy Regulatory Commission (“Commission”) as the same may be amended or superseded in accordance with the Rules and Regulations of the Commission.

• The uditors students (till all the position are filled) will have the right to be heard/have lesson in the afternoon of the last day of the Master Class.