Working Capital Adjustment definition
Working Capital Adjustment has the meaning set forth in Section 2.15(b).
Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).
Working Capital Adjustment means the amount by which the Working Capital exceeds the Normalised Working Capital Target (which amount shall be added to the Bid Amount for the purposes of Clause 3.1) or the amount by which the Working Capital is less than the Normalised Working Capital Target (which amount shall be deducted from the Bid Amount for the purposes of Clause 3.1).
Examples of Working Capital Adjustment in a sentence
The “Estimated Closing Amount” is an amount equal to: (i) the Base Purchase Price, plus, (ii) Estimated Cash and Cash Equivalents (as defined below), less (iii) the Estimated Indebtedness (as defined below), less (iv) unpaid Estimated Transaction Expenses (as defined below), and plus or less, as applicable, (vii) the Estimated Working Capital Adjustment Amount.
More Definitions of Working Capital Adjustment
Working Capital Adjustment shall have the meaning specified in Section 3.4(e).
Working Capital Adjustment means, for any period of determination on a consolidated basis for the Loan Parties, the amount (which may be a negative number) equal to (i) Working Capital as of the beginning of such period, minus (ii) Working Capital as of the end of such period.
Working Capital Adjustment has the meaning set forth in Section 1.5(a).
Working Capital Adjustment means any amount (which may be expressed as a negative number) equal to the amount of the Closing Working Capital less the Target Working Capital.
Working Capital Adjustment shall be an amount equal to: (i) in the event the Closing Working Capital is less than seventy-five percent (75%) of Target Working Capital the amount by which the Closing Working Capital is less than the Target Working Capital; (ii) in the event the Closing Working Capital is greater than one hundred twenty-five percent (125%) of the Target Working Capital, the amount by which the Closing Working Capital is greater than the Target Working Capital; or (iii) in the event the Closing Working Capital is within seventy-five percent (75%) and one hundred twenty-five percent (125%) of Target Working Capital, zero Dollars ($0.00). The Working Capital Adjustment shall be applied to (deducted from or added to, as the case may be) the Promissory Note Principal Amount payable to the Target Company Members under the Promissory Notes.
Working Capital Adjustment has the meaning ascribed to such term in Section 2.3(b).
Working Capital Adjustment means the adjustment described in Clause 3.2.