Working Capital Decrease definition

Working Capital Decrease means the amount, if any, by which the Closing Date Net Working Capital is less than the Target Net Working Capital.

Working Capital Decrease means the amount, if any, by which Target Net Working Capital exceeds the Closing Net Working Capital; provided, however, that such amount shall be $0 if the Closing Net Working Capital is equal to the upper or lower limit of the Target Net Working Capital Range or falls within the Target Net Working Capital Range.

Working Capital Decrease means, for any period, the result, if positive, obtained by subtracting Working Capital at the close of business on the last day of such period from Working Capital at the opening of business on the first day of such period.

Examples of Working Capital Decrease in a sentence

• The scope of the disputes to be resolved by the Accounting Referee shall be limited to fixing mathematical errors and determining whether the items in dispute were determined in accordance with this Agreement (including the definitions of Closing Date Cash, Unpaid Company Transaction Expenses, Closing Date Indebtedness, Closing Date Working Capital, Working Capital Increase, and Working Capital Decrease, and the Accounting Rules), and the Accounting Referee is not to make any other determination.

• CASH FLOW FROM OPERATING ACTIVITIES:Profit / (Loss) for the periodAdjustments For :Depreciation Finance Charges(Profit) / Loss on Sale of Assets Adjustments for Movement in Working Capital: Decrease / (Increase) in Trade Receivable Decrease / (Increase) in Inventories Decrease / (Increase) in Loans and Advances Increase / (Decrease) in Current LiabilitiesCash From/(Used In) Operating activities Tax PaidNet Cash From/(Used In) Operating activitiesB.

• If a Dispute Notice shall be duly delivered pursuant to Section 1.4(c)(i), the Sellers’ Representative and Purchaser shall, during the thirty (30) days following such delivery, attempt to reach agreement on the disputed items or amounts to determine, as may be required, the amount(s) of Closing Date Cash, Unpaid Company Transaction Expenses, Closing Date Indebtedness, the Closing Date Working Capital, the Working Capital Increase, or the Working Capital Decrease, as applicable.

• The Buyer’s failure to make any comment regarding, or to dispute any amount included in, the Estimated Closing Statement shall not limit, or have any effect on, the Buyer’s rightspursuant to Section 2.05(b) to conduct a review of the Estimated Closing Date Net Working Capital, the Estimated Working Capital Increase or Estimated Working Capital Decrease, as the case may be, and the resulting calculation of the Purchase Price.

• Notwithstanding anything herein to the contrary, the dispute resolution mechanism contained in this Section 1.4(c) shall be the exclusive mechanism for resolving disputes regarding the Closing Date Cash, Unpaid Company Transaction Expenses, Closing Date Indebtedness, the Working Capital Increase, if any, and the Working Capital Decrease, if any.

More Definitions of Working Capital Decrease

Working Capital Decrease means the decrease, if any, in Working Capital between April 30, 2003 and the Calculation Date.

Working Capital Decrease means for any period the decrease in Working Capital from the first day to the last day of such period to the extent in excess of $5,000,000.

Working Capital Decrease means, should Working Capital as of the Assessment Date be less than Working Capital as at August 31, 2012 (for greater certainty, acknowledged and agreed as being $70,531,000), the amount representing the difference between: (i) Working Capital as at August 31, 2012; and (ii) Working Capital as at the Assessment Date.

Working Capital Decrease has the meaning specified in Section 3.2(f).

Working Capital Decrease means the amount, if any, by which the Estimated Closing Net Working Capital exceeds the Closing Net WorkingCapital.

Working Capital Decrease means the amount, if any, by which the Closing Date Net Working Capital is less than the Target Net Working Capital. “Working Capital Escrow Amount” means an amount in cash equal to $750,000.

Working Capital Decrease means the amount, if any, by which Working Capital as of the fiscal year then ended is less than Working Capital as of the previous fiscal year end; and "Working Capital" means current assets (other than cash) of the Borrowers and their consolidated Subsidiaries MINUS current liabilities (including all principal outstanding under the Revolving Credit Facility, whether or not classified as a current liability in accordance with GAAP) of the Borrowers and their consolidated Subsidiaries.