Target Adjusted Net Working Capital definition

Target Adjusted Net Working Capital means $161,296,000, subject to adjustment by mutual agreement of the parties in the event of a material change in the working capital needs of the North American Business arising from changes in the revenues of the North American Business of more than 10% of the revenue in the same period in the prior year during the period between the first day of the fiscal month after the date hereof and the Closing.
Target Adjusted Net Working Capital means an amount equal to $28,833,000.
Target Adjusted Net Working Capital means $1,100,000.

Examples of Target Adjusted Net Working Capital in a sentence

  • If the Certified Closing Adjusted Net Working Capital is less than Target Adjusted Net Working Capital, then Splitco shall pay or cause to be paid at the Closing an amount equal to such difference to TCCC.

  • If the Certified Closing Adjusted Net Working Capital is greater than Target Adjusted Net Working Capital, then TCCC shall pay or cause to be paid to Splitco at the Closing an amount equal to such difference.

  • If the Estimated Adjusted Net Working Capital is greater than the Target Adjusted Net Working Capital, the Base Purchase Price shall be increased by an amount equal to the amount by which the Estimated Adjusted Net Working Capital exceeds the Target Adjusted Net Working Capital.

  • For any amount that Adjusted Net Working Capital is greater than the Target Adjusted Net Working Capital, the Net Working Capital Adjustment will increase Total Implied Equity Value by such amount.

  • If the Estimated Adjusted Net Working Capital is greater than the Target Adjusted Net Working Capital, the Estimated Purchase Price shall be increased by an amount equal to the amount by which the Estimated Adjusted Net Working Capital exceeds the Target Adjusted Net Working Capital.


More Definitions of Target Adjusted Net Working Capital

Target Adjusted Net Working Capital means U.S.$7,006,000.
Target Adjusted Net Working Capital means $70,460,576.
Target Adjusted Net Working Capital means US$60'000,000.00 (sixty million Dollars 00/100), or its Peso equivalent as at the relevant date.
Target Adjusted Net Working Capital means Four Million Two Hundred Sixty-Five Thousand Three Hundred Ninety-Eight Dollars ($4,265,398.00).
Target Adjusted Net Working Capital means $19,800,000.
Target Adjusted Net Working Capital means negative $6,744,000.
Target Adjusted Net Working Capital means $2,121,000.