Reference Working Capital Statement definition

Reference Working Capital Statement means the statement set forth on Exhibit E and which sets forth an example, for illustrative purposes only, of the Working Capital, prepared in accordance with the Accounting Principles.

Reference Working Capital Statement means the statement set on Exhibit B and which sets forth (a) the Transaction Accounting Principles and (b) an example for illustrative purposes only of the Working Capital of the Company and the Transferred Companies as of the Closing, prepared in accordance with GAAP and the Transaction Accounting Principles set forth therein.

Reference Working Capital Statement means the working capital statement set forth in Schedule 1.1(b) of the Seller Disclosure Schedule, together with supporting documentation.

Examples of Reference Working Capital Statement in a sentence

• THEREFORE INSTEAD PRIVATELY APPLYING FOR ENLARGEMENT COMMISSION COMMUNITY OPENLY DEMANDED IT SHOWING WHAT WOULD HAPPEN EVENT REJECTION DEMANDS STOP FEELING THAT IN SUCH CIRCUMSTANCES ACCEPTANCE PRESENT COMMISSION IMPLIED COMMUNITY’S SURRENDER SELF RESPECT.

• For the avoidance of doubt, in the event that there is any inconsistency between GAAP and the Transaction Accounting Principles and sample calculation of Reference Working Capital Statement set forth on E xhibit B, the Transaction Accounting Principles and Reference Working Capital Statement set forth on E xhibit B shall apply.

• Inventory has been valued on the Reference Working Capital Statement at the lower of cost or market on a first in, first out basis, or has been reserved for in accordance with GAAP consistent with past practice.

• All Inventory, whether or not reflected on the Reference Working Capital Statement, consists of a quality and quantity usable and salable in the ordinary course of business consistent with past practice.

• For the avoidance of doubt, in the event that there is any inconsistency between GAAP and the Transaction Accounting Principles and sample calculation of Reference Working Capital Statement set forth on Exhibit B, the Transaction Accounting Principles and Reference Working Capital Statement set forth on Exhibit B shall apply.

More Definitions of Reference Working Capital Statement

Reference Working Capital Statement means the statement set forth in Exhibit D and which has been derived from the Balance Sheet and sets forth an example for illustrative purposes only of Closing Date Working Capital.

Reference Working Capital Statement means the working capital statement set forth in Schedule 1.1(e) of the Seller Disclosure Schedule, together with supporting documentation.

Reference Working Capital Statement means the statement of Working Capital of the Company at November 30, 1999 attached hereto as Annex 2.

Reference Working Capital Statement means the statement set forth on Exhibit B, which sets forth an illustrative calculation of the Net Working Capital as of March 31, 2020.

Reference Working Capital Statement has the meaning set forth in Exhibit E. “Representative” of a Person, means the directors, officers, employees, advisors, agents, consultants, attorneys, accountants, financial advisors or other representatives of such Person.

Reference Working Capital Statement means the unaudited working capital statement of the Business set forth in Section 1.1(f) of the Parent Disclosure Schedule, prepared by Parent using the accounting principles, procedures, policies and methods used in preparing the Unaudited Net Asset Statement, including the type of adjustments used in preparing the Unaudited Net Asset Statement as set forth in the notes to the Unaudited Net Asset Statement.

Reference Working Capital Statement means the statement of Working Capital as of December 31, 2001 set forth on Exhibit B.