Working Capital Calculation definition

Working Capital Calculation means the calculation of Estimated Working Capital set forth on Exhibit B.

Working Capital Calculation means the sample calculation of Working Capital set forth on Annex I hereto.

Working Capital Calculation. Working Capital Calculation" shall mean the amount calculated by subtracting the Accounts Payable, deferred revenue, accrued expenses and liabilities included in the Assumed Liabilities from the sum of the Accounts (net of appropriate reserves), and Inventory (net of appropriate reserves) of Seller included in the Assets.

Examples of Working Capital Calculation in a sentence

• Schedule 1A – Cash Working Capital Calculation (“Cash Working Capital”)3.

• The Purchase Price shall be increased, dollar for dollar, by the amount, if any, by which the Estimated Retained Working Capital Calculation determined in accordance with Section 3.2.1(a)(ii) produces an amount less than the Estimated Retained Working Capital Calculation determined in accordance with Section 3.2.1(a)(i).

• The Purchase Price shall be decreased, dollar for dollar, by the amount, if any, by which the Retained Working Capital Calculation determined in accordance with Section 3.2.2(a), produces an amount greater than the Estimated Retained Working Capital Calculation.

• If Seller and Purchaser reach agreement during the Interim Period, the Purchase Price will be adjusted as set forth in Section 3.3.1(a)(ii) based on the agreed upon Estimated Retained Working Capital Calculation.

• The Resolution Firm’s engagement shall be solely limited to determining the Final 2006 EBITDA Calculation and, if applicable, the Retained Working Capital Calculation.

More Definitions of Working Capital Calculation

Working Capital Calculation means a written statement and detailed computation of the Closing Date Working Capital Amount as prepared by Buyer.

Working Capital Calculation has the meaning set forth in Section 2.09(b)(i).

Working Capital Calculation. Date The last calendar day of the calendar month that immediately precedes the calendar month in which the Initial Closing occurs.

Working Capital Calculation or "WC Calculation" shall mean a determination of the amount that the applicable "Total Current Assets" (as set forth in the WC Calculation) of the Seller exceed (or, are less than) the "Total Current Liabilities" (as set forth in the WC Calculation) of the Seller. The Working Capital Calculation is intended to capture a good faith estimate of the current assets and liabilities of the Hotel and the Hotel Business that will be the responsibility of the Buyer after the Closing. The Working Capital Calculation shall exclude certain current assets and liabilities that will remain with Seller and for which Seller will remain responsible following the Closing (including, but not limited to the employment obligations set forth in Section 11.4 below). The format for, and listing of the applicable Total Current Assets and Total Current Liabilities comprising the Working Capital Calculation are set forth on Schedule 1.69, and shall be updated in accordance with the terms of Section 2.3 below employing the methodologies identical to those employed in the WC Calculation of Schedule 1.69.

Working Capital Calculation means (a) in accordance with the sample calculation of Working Capital for March 2024 set forth on Annex B hereto, (b) to the extent not addressed in the foregoing clause (a), in accordance with the principles applied in the Company Financial Statements and (c) to the extent not addressed in the foregoing clauses (a) or (b), in accordance with GAAP.

Working Capital Calculation shall have the meaning given to such term in Section 3.6.1.

Working Capital Calculation. Section 1.8(a)