Proposed Final Working Capital definition

Proposed Final Working Capital is defined in Section 2.06(c).

Proposed Final Working Capital is defined in Section 3.08(b).

Proposed Final Working Capital means Bxxxx’s good faith, proposed final calculation of Net Working Capital as of the Effective Time.

Examples of Proposed Final Working Capital in a sentence

• If Sellers so notify Purchasers of their objection to the Proposed Final Working Capital Statement, Purchasers and Sellers shall negotiate in good faith to resolve any differences.

• In the event that the Buyer disputes the correctness of the Proposed Final Working Capital Amount, the Buyer shall notify the Seller in writing of its objections within thirty (30) days after receipt of the statement setting forth the calculation of the Proposed Final Working Capital Amount and shall set forth, in writing and in reasonable detail, each of the reasons for the Buyer’s objections.

• Purchasers shall revise the Proposed Final Working Capital Statement as appropriate to reflect the resolution of any differences.

• Upon delivery of the Dispute Notice, the Purchaser and the Selling Stockholder agree to confer in good faith with regard to the disputed items and an appropriate adjustment to the Proposed Final Working Capital Amount shall be made to the extent agreed upon by them in writing.

• Method of Electing Interest Rates...........................23 SECTION 2.14.

• If the Proposed Final Working Capital Amount as set forth in the Closing Date Balance Sheet is between (or equal to) 95% and 105% of the Estimated Working Capital Adjustment Amount then no further actions shall be taken pursuant to this Section 1.3 and there shall be no payment by or to the Purchaser pursuant to this Section 1.3 or otherwise with respect to any working capital adjustment.

• CONTRACTOR shall immediately take such measures as are necessary to complete such Work or remedy such deficiencies, and notify CONSTRUCTION MANAGER upon completion.

• Thus information consumers will use different trust policies to decide which graphs should be accepted and used within the specific application.

• Purchasers’ calculation of Working Capital shall be made in a manner consistent with Schedule 2.7. The Proposed Final Working Capital Statement shall become final and binding upon the Parties unless, within 30 Business Days following its receipt by Sellers, Sellers shall provide written notice to Purchasers of their objection thereto.

• If, before the Independent Accounting Firm renders its determination with respect to the disputed items in accordance with this Section 3.04(e), (x) Seller notifies Buyer in writing of its agreement with any items in the Proposed Final Working Capital Statement or (y) Buyer notifies Seller in writing of its agreement with any items in the Dispute Notice, then in each case such items as so agreed will be conclusive and binding on the Parties immediately upon such written notice.

More Definitions of Proposed Final Working Capital

Proposed Final Working Capital. Within forty-five (45) calendar days of the Purchaser’s receipt of such Proposed Final Working Capital, the Purchaser may give written notice to the Seller that it disputes certain items contained in any of the Proposed Final Working Capital (the “Dispute Notice”), which shall specify in reasonable detail the dollar amount of any objection and basis therefor; provided, however, that if the Purchaser does not deliver a Dispute Notice by such date, the Purchaser will be deemed to have accepted such Proposed Final Working Capital and the Proposed Final Working Capital shall be final and binding on the Purchaser and the Seller. Upon timely delivery of the Dispute Notice, the Purchaser and the Seller agree to confer in good faith with regard to the disputed items and an appropriate adjustment to the Proposed Final Working Capital shall be made to the extent agreed upon by the Purchaser and the Seller. If within twenty (20) Business Days after delivery of a Dispute Notice, the Purchaser and the Seller are unable to resolve the matter, either of them may within twenty (20) Business Days after the end of the previous twenty (20) Business Day period notify in writing the other party of its intention to submit the dispute to arbitration. Within ten (10) Business Days after receipt of such notice, the Seller and the Purchaser shall in good faith jointly select an arbitrator with expertise in accounting and GAAP and experience resolving financial disputes (the “Arbitrator”), who shall adjudicate only those items still in dispute with respect to the Proposed Final Working Capital. The Purchaser and the Seller shall have the opportunity to provide written submissions regarding their positions on the disputed matters, which written submissions shall be provided to the Arbitrator, if at all, no later than fifteen (15) Business Days after the date of referral of the disputed matters to the Arbitrator. The Arbitrator shall deliver a written report resolving only the disputed matters and setting forth the basis for such resolution within thirty (30) Business Days after the Purchaser and the Seller have submitted in writing (or have had the opportunity to submit in writing but have not submitted) their positions as to the disputed items. The Arbitrator shall not value any item greater than the highest amount proposed by either party for such item or lower than the lowest amount proposed by either party for such item. The determination of the Arbitrator with respect to the cor...

Proposed Final Working Capital means Buyer’s good faith, proposed final calculation of the sum of (a) the Net Working Capital of the Plastics Business and (b) the Plastics Business Cash, in each case as of the Closing.