WC Amount definition

WC Amount has the meaning set forth in Section 4.4(c).
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WC Amount shall have the meaning set forth in Section 1.07(c).
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WC Amount means an amount, positive or negative, equal to Working Capital as of the Adjustment Effective Time.
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Examples of WC Amount in a sentence

  • Administering Department: Finance – Risk Finance Funding Source: Operating – Federal & Self Insurance Fund (GL & WC) Amount: $2,183,029.00 Projected Section 3 Hires: 1 Authorization is requested to enter into an agreement with J.P. West Inc.

  • On the Completion Date, Fugro shall transfer, or shall procure the transfer of, an amount equal to the Aggregate WC Amount to the account no with IBAN GB71BARC20199523544001 and SWIFT code BARCGB22, in the name of GMSL, with reference to “Project Furrow”.

  • If the Adjustment Amount is a negative amount and exceeds the aggregate of the Symphony WC Amount and the Trencher WC Amount, the Purchaser shall pay to the Seller an amount equal to such excess.

  • Location: Non-Development Administering Department: Finance – Risk Finance Funding Source: Operating – Self Insurance Fund (GL & WC) Amount: $3,570,465.00 Projected Section 3 Hires: 2 Authorization is requested to enter into an agreement with Marsh USA Inc.

  • Fugro shall not have any right of set-off of the payment obligation set out in Clauses 3.2.2 and 7.3 ( Transfer of the Aggregate WC Amount) against the obligation of Global and GMSL pursuant to Clause 3.2.1 and these payments may not be aggregated and discharged by way of set-off by Fugro.

  • If on the new date set for Completion in accordance with this Clause 7.8.3, the Defaulting Party breaches any of its obligations under Clause 7.3 ( Transfer of the Aggregate WC Amount) or Clause 7.4 ( Completion actions ), the non-Defaulting Party shall be entitled by Notice served on the Defaulting Party to terminate this Agreement.

  • At Completion, Fugro shall, or shall cause that the relevant member of the Seller’s Group shall, pay an amount equal to the aggregate of the Symphony WC Amount, the Trencher WC Amount and the Adjustment Amount (together the “ Aggregate WC Amount”) to GMSL in accordance with Clause 7.3 (Transfer of the Aggregate WC Amount).

  • Fugro may set off any obligation due from GMSL under this Agreement against any obligation owed by Fugro to GMSL under the W&I Agreement or the BPA, with the exception of the obligation of Fugro to pay or procure payment of the Aggregate WC Amount to GMSL (as defined in the BPA).

  • Representative shall each have access, during normal business hours and upon reasonable notice, to the books and records relevant to the determination of the Qualifying Inventory Value, the Qualifying Inventory Schedule, the WC Amount and the Closing Adjustment.

  • Further to Clause 7.8.1 and Clause 7.8.2, in the event the non-Defaulting Party chooses, in such Party’s sole discretion, not to effect Completion in accordance with Clause 7.8.1 or not to terminate the Agreement in accordance with Clause 7.8.2, a new date for Completion may be set by such non-Defaulting Party, in which case the provisions of Clause 7.3 ( Transfer of the Aggregate WC Amount) and Clause 7.4 ( Completion actions ) shall apply to Completion as so deferred.


More Definitions of WC Amount

WC Amount has the meaning set forth in Section 3.04.
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WC Amount means an amount equal to the arithmetic mean of the values for Working Capital as of the close of each of the consecutive 12 fiscal months of the Company ending with the last complete fiscal month of the Company immediately prior to the fiscal month immediately preceding the month in which the Closing occurs (for purposes of clarity, if the Closing occurs on October 1, 2015, then the latest fiscal month included in the calculation of the WC Amount would be August 2015), which shall be determined and calculated by the Accounting Firm in accordance with the Seller Accounting Policies at least five (5) business days prior to the Closing Date and which such determination and calculation of the WC Amount by the Accounting Firm shall be final and binding on the parties hereto. No later than ten (10) business days prior to the Closing Date, Seller shall submit a request to the Accounting Firm to determine and calculate the WC Amount in accordance with the immediately preceding sentence. Any adjustment of the Purchase Price pursuant to this Section 2.02 shall be referred to as the “Working Capital Adjustment”.
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WC Amount. 2.04 "Working Capital" 2.04
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WC Amount means $924,000. If Closing Working Capital is more than the Working Capital Estimate, Buyer shall, and if the Closing Working Capital is less than the Working Capital Estimate, Seller shall, within 10 business days after the Statement becomes final and binding on the parties, make payment by wire transfer in immediately available funds to a bank account designated in writing by the other party of the amount of such difference, together with interest thereon at the Prime Rate (such payment shall hereinafter be referred to as the “Working Capital Adjustment”).
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Related to WC Amount

  • L/C Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).

  • Maximum Offering Amount means have the meaning set forth in the recitals hereto.

  • Forward Price Reduction Amount For each Forward Price Reduction Date, the Forward Price Reduction Amount set forth opposite such date on Schedule I. Shares: Common stock, USD 0.01 par value per share, of Party B (also referred to herein as the “Issuer”) (Exchange identifier: “VICI”). Exchange: New York Stock Exchange. Related Exchange(s): All Exchanges. Clearance System: DTC. Calculation Agent: Party A.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • FX Reduction Amount is defined in Section 2.1.3.

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • Acquisition Amount means, for an Acquired Receivable for which the Acquisition Amount is to be included in Available Funds for a Payment Date, the excess of (i) the present value of the Principal Balance of the Receivable as of the last day of the Collection Period immediately preceding the related Collection Period (calculated using the Discount Rate on the basis of a 360-day year of twelve 30-day months and assuming each amount is received at the end of the Collection Period in which the amount is scheduled to be received) over (ii) all cash collections and any other cash proceeds received by the Issuer on the related Receivable from (but excluding) the last day of the Collection Period immediately preceding the related Collection Period to the day on which such Receivable becomes an Acquired Receivable.

  • Approved Amount means the amount that the dentist has agreed to accept as full payment for treatment.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Company described in the definition of “Contribution Indebtedness.”

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Excess Funding Amount means the amount on deposit in the Excess Funding Account.

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Excess Cash Flow Percentage 50%; provided that the Excess Cash Flow Percentage shall be reduced to (a) 25% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 3.75 to 1.00 and (b) to 0% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 2.25 to 1.00.

  • Sale Amount means, with respect to any Sold Receivable, the amount received from the related third-party purchaser as payment for such Sold Receivable.

  • Allowed Amount means the total amount of reimbursement allocated to a covered Service and includes both the BCBSAZ payment and the Member Cost-share payment. BCBSAZ calculates deductible and Coinsurance based on the Allowed Amount, less any access fees or Precertification Charges. BCBSAZ uses the Allowed Amount to accumulate toward any Out-of-pocket Coinsurance Maximum or Out-of-pocket Maximum that applies to the member’s Benefit Plan. The Allowed Amount does not include any balance bills from noncontracted Providers. The Allowed Amount is neither tied to, nor necessarily reflective of, the amounts Providers in any given area usually charge for their services. The table below shows how BCBSAZ determines the Allowed Amount:

  • Purchase Price Percentage has the meaning assigned to such term in the Pricing Side Letter.

  • Cash Amount means an amount of cash per Partnership Unit equal to the value of one share of Common Stock as determined under the applicable Exchange Rights Agreement on the Valuation Date of the Common Stock Amount.

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.