Working Capital Adjustment definition

Working Capital Adjustment has the meaning set forth in Section 2.15(b).

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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

• At Closing, (i) if the Working Capital Adjustment amount reflected on the Estimated Closing Statement is a positive number, FPH Member shall make payment in an amount equal to the Working Capital Adjustment to Legacy HS by Wire Transfer, and (ii) if the Working Capital Adjustment reflected on the Estimated Closing Statement is a negative number, the FPH Member shall reduce the amount payable pursuant to Section 2.2(b)(ii) by an amount equal to the Working Capital Adjustment.

• As soon as practicable, but no later than one-hundred and twenty (120) days after the Closing Date, FPH shall deliver to Principal (A) their good faith determination of the final Adjusted Agreed Value, the final Co-Investment Adjustment and the final Working Capital Adjustment, together with supporting documentation used by FPH in calculating the amounts set forth therein (the “Proposed Final Closing Statement”) and (B) the final Net Receipts (the “Proposed Final Receipts Statement”).

More Definitions of Working Capital Adjustment

Working Capital Adjustment shall have the meaning specified in Section 3.4(e).

Working Capital Adjustment has the meaning set forth in Section 1.7(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 means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

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 Stockholders under the Promissory Notes.

Working Capital Adjustment has the meaning ascribed to such term in Section 2.3(b).

Working Capital Adjustment is defined in Section 2.9(a).