Examples of Preliminary Working Capital Adjustment in a sentence
Seller shall provide Buyer with reasonable access to the data used to prepare the Preliminary Working Capital Adjustment and the worksheet.
If the Rio Tinto Parties do not deliver a Disagreement Notice to the Cloud Peak Parties within such 15-day period, the Rio Tinto Parties shall be deemed to have accepted the Closing Date Balance Sheet and the Preliminary Working Capital Adjustment, whereupon the Preliminary Closing Date Working Capital shall become the "Closing Date Working Capital".
The Rio Tinto Parties shall be deemed to have agreed with all items and amounts contained in the Closing Date Balance Sheet and the Preliminary Working Capital Adjustment other than those specified in a timely Disagreement Notice.
After, there is a question to understand whether the person works in the audit area or not.
If the Preliminary Working Capital Adjustment is negative, the Base Purchase Price payment by Buyer to Seller pursuant to Section 2.02 shall be reduced by an amount equal to forty-five percent (45%) of such Preliminary Working Capital Adjustment.
If the Preliminary Working Capital Adjustment is negative, then the cash portion of the Purchase Price payable at Closing shall be reduced by the full amount of the Preliminary Working Capital Adjustment.
At Closing, in addition to the payments set forth in Section 2.2, Buyer shall deliver to NSC a sum equal to the Preliminary Working Capital Adjustment in immediately available funds by wire transfer to the bank account designated in writing by NSC.
The Purchase Price has been reduced by an amount equal to the amount of these liabilities as shown on the Preliminary Working Capital Adjustment Schedule, or $337,652.08.
See Schedule 4.3. ** The sum of $13,280,000 (i.e., the Initial Purchase Price), plus $936,000 (i.e., the Preliminary Working Capital Adjustment (as of 3/31/96)) equals $14,216,000 (i.e., the Purchase Price described in Section 4.1).
Purchaser shall hold back from the Preliminary Working Capital Adjustment Amount payable to the Sellers from collected Accounts Receivable $100,000 (the “TMI Holdback”) and shall retain the TMI Holdback until the TMI Cases have been finally settled or adjudicated and the period for appeal has passed.