Target Closing Working Capital definition

Target Closing Working Capital means $0.

Target Closing Working Capital means $215,000,000.

Target Closing Working Capital means $14,000,000.

Examples of Target Closing Working Capital in a sentence

The amount, if any, by which Target Closing Working Capital exceeds Estimated Closing Working Capital shall be referred to herein as the “Estimated Working Capital Deficit”.
For the avoidance of doubt, any dividend or other distribution of Cash by the Company, or any conversion of any asset of any Company Party that is not a current asset, shall not affect the Target Closing Working Capital or Sellers’ obligations under Section 2.4.
The post-closing adjustment shall be an amount equal to the Closing Working Capital minus the Target Closing Working Capital plus the Excess Cash, if any (the “Post-Closing Adjustment”).
The Cash Purchase Price payable at the Closing will be (i) increased, dollar-for-dollar, to the extent the Estimated Closing Working Capital, as reflected on the Estimated Working Capital Statement, is greater than the Target Closing Working Capital or (ii) decreased, dollar-for-dollar, to the extent the Estimated Closing Working Capital, as reflected on the Estimated Working Capital Statement, is less than the Target Closing Working Capital.
If the Estimated Closing Working Capital is less than the Target Working Capital, the Initial Consideration and the Purchase Price shall be decreased by an amount equal to the amount by which the Target Closing Working Capital exceeds the Estimated Closing Working Capital.

Target Closing Working Capital means $2,500,000.

Target Closing Working Capital means One Million One Hundred Thousand ($1,100,000) Dollars.

Target Closing Working Capital means $130,000,000. “Tax” (and, with correlative meaning, “Taxes,” “Taxable” and “Taxing”) shall mean all U.S. federal, state, local or foreign taxes or imposts including any net income, capital gains, gross income, gross receipts, sales, use, transfer, ad valorem, franchise, profits, license, capital, withholding, payroll, estimated, employment, excise, goods and services, severance, stamp, occupation, premium, property, social security, environmental (including Section 59A of the Code), alternative or add-on, value added, registration, escheat or unclaimed property, occupancy, capital stock, unincorporated business, unemployment, disability, workers compensation, accumulated earnings, personal holding company, annual reports, windfall profits or other taxes, duties, charges, fees, levies or other assessments imposed by any Governmental Authority, or any interest, penalties or additions to tax incurred under applicable Laws with respect to taxes.

Target Closing Working Capital means $81,000,000.

Target Closing Working Capital means Ten Million Eight Hundred Thousand Dollars ($10,800,000).

Target Closing Working Capital means an amount equal to [*].

Target Closing Working Capital means $32,100,000 as calculated in accordance with Exhibit A.