Target Working Capital definition

Target Working Capital means $0.

Target Working Capital has the meaning set forth in Section 2.04(a)(ii).

Target Working Capital means $1,500,000.

Examples of Target Working Capital in a sentence

• To the extent Current Liabilities exceed Current Assets, Estimated Working Capital shall be stated as a negative number and shall be deemed less than Target Working Capital.

• The “Net Working Capital Adjustment” is the difference between the Closing Date Working Capital (as defined below) less the Target Working Capital.

• The Parties shall have agreed to the Target Working Capital in accordance with the terms hereof.

• In the event that the amount of the Final Working Capital is greater than the Target Working Capital, then Purchaser shall, within five (5) calendar days after the determination thereof, pay to Sellers an amount equal to such difference, by wire transfer of immediately available funds to an account designated in writing by Sellers.

• In the event that the Final Working Capital is less than the Target Working Capital, then the Purchaser shall be entitled to a set off against the Note described in Section 1.04 for the amount of such difference.

More Definitions of Target Working Capital

Target Working Capital means $[***].

Target Working Capital means $4,000,000.

Target Working Capital means $5,000,000.

Target Working Capital means Fifty-four Million, Two Hundred and Seventy Thousand Dollars ($54,270,000).

Target Working Capital means $28,445,000.

Target Working Capital means $2,000,000.

Target Working Capital means Three Million Dollars ($3,000,000).