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.
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).
WC Target means $164,000,000.

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”).


More Definitions of WC Target

WC Target means $15,000,000.
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.
WC Target means $52,556,000.

Related to WC Target

  • Target means Trans-European Automated Real-time Gross Settlement Express Transfer payment system.

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • Second Target Distribution means $0.4375 per Unit per Quarter (or, with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.4375 multiplied by a fraction of which the numerator is equal to the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.