Target Closing Date Net Working Capital definition

Target Closing Date Net Working Capital means $10,646,000.

Target Closing Date Net Working Capital means $124,416,250.

Target Closing Date Net Working Capital has the meaning set forth in Section 4.3(e).

Examples of Target Closing Date Net Working Capital in a sentence

• If the Target Closing Date Net Working Capital exceeds the Closing Date Net Working Capital asstated on the Final Statement, then Seller shall pay to Buyer an amount equal to such excess, by wire transfer of immediately available funds to the account designated in writing by Buyer, within five (5) Business Days after the date on which the FinalStatement is determined.

• Notwithstanding anything herein to the contrary, in no event shall the dollar amount of the Target Closing Date Net Working Capital be subject to adjustment for any reason in connection with any calculation under this Article II or otherwise.

• If the Closing Date Net Working Capital as stated on the Final Statement is less than the Target Closing Date Net Working Capital, then the Seller shall pay to the Buyer an amount equal to the excess of the Target Closing Date Net Working Capital over such Closing Date Net Working Capital, by wire transfer of immediately available funds to the account or accounts designated in writing by the Buyer, within five (5) Business Days after the date on which the Preliminary Statement becomes the Final Statement.

More Definitions of Target Closing Date Net Working Capital

Target Closing Date Net Working Capital means $24,500,000.

Target Closing Date Net Working Capital means $1,300,000.00.

Target Closing Date Net Working Capital means $[**]5.

Target Closing Date Net Working Capital means negative two million five hundred thousand U.S. Dollars ($2,500,000).

Target Closing Date Net Working Capital means $US [Redacted – Amount].

Target Closing Date Net Working Capital means the average monthly Net Working Capital for the twelve-month period ending as of the last day of the month prior to the Closing Date, unless the Closing Date is on or as of the last day of a month, in which case such twelve-month period ending as of the Closing Date, which figure shall be calculated by dividing the sum of the Net Working Capital for each of the preceding twelve months, by twelve.

Target Closing Date Net Working Capital means Twenty-One Million Seven Hundred Seventy-Five Thousand Dollars ($21,775,000). “Taxing Authority” means the IRS and any other Governmental Authority responsible for the imposition or collection of any Tax.