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.
For purposes of this Agreement, the "WC Target" is One Hundred Ninety Million Dollars ($190,000,000).
Human Factors 28(6), 633–643, 1986.Baker, C.A., Morris, D.F., and Steedman, W.C. Target recognition on complex dis- plays.
For purposes of this Agreement, the "WC Target" is Eighty- Three Million Dollars ($83,000,000).
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.
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”).