Working Capital Adjustment Amount definition
Working Capital Adjustment Amount means the (a) the Closing Net Working Capital, less (b) the Target Net Working Capital. For the avoidance of doubt, Working Capital Adjustment Amount may be a positive or negative number.
Working Capital Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.
Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii).
Examples of Working Capital Adjustment Amount 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 Amount
Working Capital Adjustment Amount means (a) if Working Capital is greater than the Working Capital Target Amount, an amount equal to (i) Working Capital minus (ii) the Working Capital Target Amount; (b) if Working Capital is less than the Working Capital Target Amount, an amount (expressed as a negative number) equal to (i) Working Capital minus (ii) the Working Capital Target Amount; and (c) in any other case, zero $(0).
Working Capital Adjustment Amount means (a) if the Closing Working Capital exceeds the Target Closing Working Capital, then the amount by which such excess exceeds $300,000 or (b) if the Closing Working Capital is less than the Target Closing Working Capital, then the amount by which such deficit exceeds $300,000, in each case, if applicable; provided, however, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative.
Working Capital Adjustment Amount has the meaning set forth in Section 2.4.4 below.
Working Capital Adjustment Amount means the result of the Closing Date Working Capital Amount minus the Target Working Capital Amount.
Working Capital Adjustment Amount means (a) if Working Capital is greater than $67,000,000, an amount equal to (i) Working Capital minus (ii) $67,000,000; (b) if Working Capital is less than $67,000,000, an amount (expressed as a negative number) equal to (i) Working Capital minus (ii) $67,000,000; and (c) in any other case, zero $(0).
Working Capital Adjustment Amount means the amount by which the Working Capital is greater or less the Required Working Capital.
Working Capital Adjustment Amount means:
(A) if the Closing Working Capital is greater than 110% of the Closing Working Capital Target, then an amount equal to (1) the Closing Working Capital minus (2) 110% of the Closing Working Capital Target;
(B) if the Closing Working Capital is less than 85% of the Closing Working Capital Target, then an amount equal to (1) the Closing Working Capital minus (2) 85% of the Closing Working Capital Target; and
(C) if the Closing Working Capital is (1) equal to 110% of the Closing Working Capital Target, (2) less than 110% of the Closing Working Capital Target but greater than 85% of the Closing Working Capital Target or (3) equal to 85% of the Closing Working Capital Target, then an amount equal to $0.