Target Closing Net Working Capital definition

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

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.

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

Examples of Target Closing Net Working Capital in a sentence

• No later than one (1) Business Days prior to the Closing, the Company will deliver to Buyer a written statement (the “ Calculation Statement”) setting forth the Company’s good faith estimate of the Closing Net Working Capital and the amount (if any) by which Closing Net Working Capital exceeds the Target Closing Net Working Capital or the amount (if any) by which Target Closing Net Working Capital exceeds Closing Net Working Capital as of Closing.

• 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.

• A Primary Care Agenda for Brain Health: A Scientific Statement from the American Heart Association.

• If the Estimated Closing Net Working Capital is less than Target Closing Net Working Capital, the Initial Purchase Price will be decreased dollar for dollar by the absolute value of such deficiency.

• If the Estimated Closing Net Working Capital is greater than the Target Closing Net Working Capital, the Initial Purchase Price will be increased dollar for dollar by the absolute value of the excess.

More Definitions of Target Closing Net Working Capital

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 Two Million Five Hundred Thousand Dollars ($2,500,000).

Target Closing Net Working Capital means $0.

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

Target Closing Net Working Capital means Thirty-Two Million Two Hundred Seventy-Six Thousand Dollars ($32,276,000).

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.