Target Working Capital Range definition

Target Working Capital Range means $19,500,000 to $21,000,000.

Target Working Capital Range has the meaning set forth in Schedule 2.7(b).

Target Working Capital Range means an amount that is at least $5.3 Million and not more than $5.7 Million.

Examples of Target Working Capital Range in a sentence

• The Parties acknowledge and agree that there will be no adjustment to the Transaction Consideration (and no funds deposited into the Working Capital Escrow Fund) if the Estimated Working Capital Amount is within the Target Working Capital Range and that any adjustments to Transaction Consideration made pursuant to this Section 1.11(a) will be reversed pursuant to Section 1.11(d) if the Actual Working Capital Amount is within the Target Working Capital Range.

• The maximum amount of the Target Working Capital Range shall be equal to an amount of EUR 5,800,000 (in words: five million and eight hundred thousand Euros) and the minimum amount of the Target Working Capital Range shall be equal to an amount of EUR 4,800,000 (in words: four million and eight hundred thousand Euros).

• In order to reduce any working capital adjustment to substantial excesses/shortfalls of the Closing Date Net Working Capital towards the Target Working Capital, only an excess/shortfall beyond the maximum/minimum amounts of the Target Working Capital Range shall give rise to an adjustment.

• If the Estimated Working Capital Amount as reflected on the Estimated Closing Working Capital Statement is less than the lower end of the Target Working Capital Range, then the Transaction Consideration shall be decreased by the difference between the Estimated Working Capital Amount and the lower end of the Target Working Capital Range.

• If the Post-Closing Adjustment is a positive number, Buyer shall pay to Sellers an amount equal to the absolute value of the difference between the Closing Working Capital and the higher end of the Target Working Capital Range.

More Definitions of Target Working Capital Range

Target Working Capital Range means $5,935,000 to $6,935,000.

Target Working Capital Range means a range between Four Million Five Hundred Fifty Three Thousand Seven Hundred Sixty Three Dollars ($4,553,763) and Four Million Six Hundred Three Thousand Seven Hundred Sixty Three Dollars ($4,603,763).

Target Working Capital Range means $671,846 to negative $328,154. “Tax” (and, with correlative meaning, “Taxes” and “Taxable”) shall mean (i) any net income, alternative or add-on minimum tax, gross income, estimated, gross receipts, sales, use, ad valorem, value added, transfer, franchise, fringe benefit, capital stock, profits, license, registration, withholding, payroll, social security (or equivalent), employment, unemployment, disability, excise, severance, stamp, occupation, premium, property (real, tangible or intangible), environmental or windfall profit tax, custom duty or other tax, governmental fee or other like assessment or charge of any kind whatsoever, together with any interest or any penalty, addition to tax or additional amount (whether disputed or not) imposed by any Governmental Entity responsible for the imposition of any such tax (domestic or foreign) (each, a “Tax Authority”), (ii) any Liability for the payment of any amounts of the type described in clause (i) of this sentence as a result of being a member of an affiliated, consolidated, combined, unitary or aggregate group for any Taxable period and (iii) any Liability for the payment of any amounts of the type described in clause (i) or (ii) of this sentence as a result of being a transferee of or successor to any Person or as a result of any express or implied obligation to assume such Taxes or to indemnify any other Person.

Target Working Capital Range has the meaning set forth in Section 3.02(a)(ii).

Target Working Capital Range means Net Working Capital between $(375,000) and $0.0.

Target Working Capital Range means Working Capital not less than XXX 00 million and not more than RMB 120 million.

Target Working Capital Range means a range between and including (i) an amount equal to the Average Working Capital less $300,000.00 (the “Working Capital Floor”) and (ii) an amount equal to the Average Working Capital plus $300,000.00 (the “Working Capital Ceiling”). The “Estimated Working Capital Adjustment” shall be a dollar amount calculated as follows: