Examples of Target Net Working Capital Amount in a sentence
The Aggregate Target Net Working Capital Amount is reasonable for the operation of the Facility and is consistent in all material respects with Seller’s budget for the Facility.
The calculation of the Target Net Working Capital Amount will be (I) determined in accordance with the guidelines set forth on Section B-1 of the Disclosure Schedule and in accordance with the Agreed Financial Methodology and (II) subject to reasonable verification by the Buyer within thirty (30) days of delivery of such calculation.
The Aggregate Laredo Target Net Working Capital Amount and Aggregate Tapestry Target Net Working Capital Amount, as applicable, is reasonable for the operation of the applicable Facility(ies) and is consistent in all material respects with Seller’s budget for the applicable Facility(ies).
This figure was dramatically less than the Target Net Working Capital Amount and suggested a payment from the Seller to the Buyer of approximately $2.15 billion.The wide gap stemmed from four changes that the Buyer made to the Seller’s Closing Payment Statement.
If the Estimated Net Working Capital Amount is more than the Target Net Working Capital Amount, the amount of the Closing Payment to be paid by Buyer pursuant to Section 4.1(b)(i) shall be increased by an amount equal to the difference between the Estimated Net Working Capital Amount and the Target Net Working Capital Amount.