Reference Working Capital definition

Reference Working Capital means the Working Capital of the Business estimated as of December 31, 2007, as set forth in Schedule 3.1(c).

Reference Working Capital means USD 45,711,000 (forty five million seven hundred and eleven thousand United States Dollars)

Reference Working Capital has the meaning specified in Section 2.4(e).

Examples of Reference Working Capital in a sentence

• For the avoidance of doubt, Reference Working Capital and Final Working Capital shall be determined without giving effect to any intercompany accounts or the cancellation thereof.

• For the avoidance of doubt, Reference Working Capital and Final Working Capital shall be determined without giving effect to any such cash, checks, bank drafts, proceeds or receivables.

• The Statements will not take into account liabilities for which the Seller is liable under this Agreement, which liabilities will include the Tax indemnity as set out in Schedule 20, provided that these liabilities are also not taken into account when determining the Reference Working Capital.

• For illustrative purposes, Exhibit 2.4(a) contains a pro forma calculation of the Reference Working Capital as of June 30, 2008 applying the Applicable Accounting Principles.

• In the event that the Reference Working Capital Adjustment Amount is a positive number, then Seller shall pay to Opco Cash on or before the Closing Date (by wire transfer of immediately available funds) an amount in cash equal to the value of the Reference Working Capital Adjustment Amount.

More Definitions of Reference Working Capital

Reference Working Capital means $313,817,851, and “Adjustment Amount” means $4,600,000.

Reference Working Capital shall have the meaning set forth in Section 2.3.2.

Reference Working Capital means the amount equal to USD 42,200,000;

Reference Working Capital means €15,837,000.

Reference Working Capital means EUR 8,760,000.00 (in words: Euro eight million seven hundred and sixty thousand).

Reference Working Capital means $(9,000,000).

Reference Working Capital has the meaning specified in Section 2.4(a)(v).