Targeted Net Working Capital means Twenty One Million Five Hundred Thousand Dollars ($21,500,000.00).

Targeted Net Working Capital means the average of the Net Working Capital as of the last day of each of the twelve most recently completed fiscal monthly periods ended on the 2014 Fiscal Year End, calculated in accordance with GAAP and, to the extent not inconsistent with GAAP, in a manner consistent with the Financial Statements. The Targeted Net Working Capital determinations under Section 1.5(c)(ii) and Section 1.5(c)(iii) shall be calculated in a manner substantially consistent with and substantially in the form of the sample Targeted Net Working Capital calculation prepared by the Company Sellers as set forth on Schedule 1.5(a).

Targeted Net Working Capital means $4,497,472.

Examples of Targeted Net Working Capital in a sentence

At closing, the total amount paid was reduced by approximately$0.1 million for the amount the Targeted Net Working Capital exceeded the Estimated Net Working Capital.
At closing, the total amount paid was reduced by approximately $0.1 million for the amount the Targeted Net Working Capital exceeded the Estimated Net Working Capital.
If the Closing Date Net Working Capital is greater than the Targeted Net Working Capital, then the Estimated Cash Purchase Price shall be increased in total by an amount equal to the absolute value of the difference between the Targeted Net Working Capital and the Closing Date Net Working Capital.
The Business shall have working capital of at least the Targeted Net Working Capital to operate consistent with past practices over the twelve months immediately preceding the Closing.
If the Closing Date Net Working Capital is less than the Targeted Net Working Capital, then the Estimated Cash Purchase Price shall be decreased in total by an amount equal to the absolute value of the difference between the Targeted Net Working Capital and the Closing Date Net Working Capital.

More Definitions of Targeted Net Working Capital

Targeted Net Working Capital means $55,130,000.

Targeted Net Working Capital means $0.

Targeted Net Working Capital means $16,614,334.

Targeted Net Working Capital means $2,831,000.

Targeted Net Working Capital means -$31,000.

Targeted Net Working Capital means the average of the Net Working Capital as of the last day of each of the twelve most recently completed fiscal monthly periods ended on the 2014 Fiscal Year End (less Two Million Dollars ($2,000,000) for each of the fiscal monthly period components ended in September, October, November and December), calculated in accordance with GAAP and, to the extent not inconsistent with GAAP, in a manner consistent with the Financial Statements. The Targeted Net Working Capital determinations under Section 1.5(a)(ii) and Section 1.5(a)(iii) shall be calculated in a manner substantially consistent with and substantially in the form of the sample Targeted Net Working Capital calculation prepared by Del Monte as set forth on Schedule 1.5(a) .

Targeted Net Working Capital means $20,143,749. “Tax” or “Taxes” shall mean any federal, state, county, local or foreign taxes, charges, levies, imposts, duties, other assessments or similar charges of any kind whatsoever, including interest and penalties imposed thereon, whether disputed or not. “Tax Return” shall mean any report, return, information return or other information required to be supplied to a taxing authority in connection with Taxes, including any schedule or attachment thereto, and including any amendment thereof. “Third Party Claim” shall have the meaning given in Section 6.6(a). “Transaction Document” shall mean this Agreement and any other agreement or document to be executed or delivered herewith or in connection with the Closing. “Unaudited Financial Statements” shall have the meaning given in Section 3.10(a). “Used Oil Specifications” shall mean the specifications set forth on Exhibit E hereto. “WARN Act” shall have the meaning given in Section 3.17(d). “Wet Oil” shall mean used oil included as part of a Company’s inventory which meets all of the Used Oil Specifications, except that the water content of such used oil is greater than 10% but less than 30%. “Working Capital Statement” shall have the meaning given in Section 2.3(b)(i). ARTICLE 2