WC Target definition

WC Target means an amount equal to Seventeen Million and Two Hundred Fifty Thousand Dollars ($17,500,000) minus the book value of the Distributed Assets as of the date hereof calculated in accordance with GAAP.
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WC Target means an amount equal to Twenty Four Million Two Hundred Forty-Four Thousand Seven Hundred Fifty-Seven Dollars and Ninety Cents ($24,244,757.90).
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WC Target means $164,000,000.
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Examples of WC Target in a sentence

  • The Adjustment Amount Due shall equal $0.00 if the Closing Date Working Capital Amount is equal to the WC Target.

  • Purchaser and Seller agree that at or prior to Closing all intercompany accounts among the Company and the Subsidiaries, on the one hand, and any other Affiliates of Royal Numico (other than Nutraco) shall be settled in full by means of set off against such accounts or in cash, but only to the extent such settlement in the aggregate (after taking into account any intercompany payables forgiven by Nutraco) will not have the effect of reducing the Closing Date Working Capital Amount below the WC Target.

  • For purposes of this Agreement, the "WC Target" is Eighty- Three Million Dollars ($83,000,000).

  • If the Closing Working Capital exceeds $54,000,000 (the “WC Target”), the Purchase Price shall be increased by the amount by which the Closing Working Capital exceeds the WC Target, and if the Closing Working Capital is less than the WC Target, the Purchase Price shall be decreased by the amount by which the Closing Working Capital is less than the WC Target (the Purchase Price as so increased or decreased shall hereinafter be referred to as the “Adjusted Purchase Price”).

  • For purposes of this Agreement, the "WC Target" is One Hundred Ninety Million Dollars ($190,000,000).


More Definitions of WC Target

WC Target means $164,000,000. “Working Capital” has the meaning set forth in Section 2.5(e). “Working Capital Estimate” has the meaning set forth in Section 2.5(a). -18- “Working Capital Overage” means the amount by which the Working Capital Estimate exceeds the WC Target. “Working Capital Underage” means the amount by which the WC Target exceeds the Working Capital Estimate.
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WC Target means $15,000,000.
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WC Target means $52,556,000.
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