Target Closing Net Working Capital definition

Target Closing Net Working Capital means $197,600,000.

Target Closing Net Working Capital means Two Million Five Hundred Thousand Dollars ($2,500,000).

Target Closing Net Working Capital means, as applicable, (a) the Target Net Working Capital Upper Threshold, if the Closing Date Net Working Capital or the Estimated Closing Date Net Working Capital, as applicable, is greater than the Target Net Working Capital Upper Threshold; (b) the Target Net Working Capital Lower Threshold, if the Closing Date Net Working Capital or the Estimated Closing Date Net Working Capital, as applicable, is less than the Target Net Working Capital Lower Threshold; or (c) the Closing Date Net Working Capital or the Estimated Closing Date Net Working Capital, as applicable, if the Closing Date Net Working Capital or the Estimated Closing Date Net Working Capital, as applicable, is no greater than the Target Net Working Capital Upper Threshold and no less than the Target Net Working Capital Lower Threshold.

Examples of Target Closing Net Working Capital in a sentence

• If the Closing Net Working Capital exceeds the Target Closing Net Working Capital, then the Closing Net Working Capital Adjustment shall be positive; and if the Closing Net Working Capital is less than the Target Closing Net Working Capital, then the Closing Net Working Capital Adjustment shall be negative.

• The Parties acknowledge that the sole purpose for determining Closing Net Working Capital is to adjust the Purchase Price so as to reflect the difference, if any, between the actual net working capital of the Company as of the Closing Date and the Target Closing Net Working Capital.

• If, for either the Phase I Closing or the Phase II Closing, the Estimated Closing Net Working Capital is greater than the applicable Target Closing Net Working Capital (determined on a country-by-country basis in local currency, and then netted in US Dollars at the applicable Exchange Rates), the portion of the Purchase Price payable at such Closing will be increased dollar for dollar by the absolute value of the excess.

• To the extent that the Estimated Closing Net Working Capital is less than the Target Closing Net Working Capital, the Merger Consideration shall be decreased by such amount.

• If the Closing Net Working Capital is less than the Target Closing Net Working Capital, then the Sellers shall pay or cause to be paid to Buyer an aggregate amount in cash equal to the amount by which the Closing Net Working Capital is less than the Target Closing Net Working Capital.

More Definitions of Target Closing Net Working Capital

Target Closing Net Working Capital is defined in Section 2.2(a).

Target Closing Net Working Capital means Twenty-Five Million Dollars ($25,000,000) if the Closing Date is on or before September 30, 2011 and means Twenty-Four Million Dollars ($24,000,000) if the Closing Date is after September 30, 2011.

Target Closing Net Working Capital means $128,000.

Target Closing Net Working Capital means $48,527,000.

Target Closing Net Working Capital means Three Hundred Sixty Thousand Dollars ($360,000).

Target Closing Net Working Capital has the meaning set forth in Section 3.01(b) below.

Target Closing Net Working Capital means $0.