Working Capital Holdback Amount definition

Working Capital Holdback Amount means $2.0 million.
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Working Capital Holdback Amount has the meaning set out in Section 2.3(1)(b).
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Working Capital Holdback Amount means an amount equal to (a) the highest Month-End Working Capital of the five Month-End Working Capital figures calculated for Target Working Capital less (b) the lowest Month-End Working Capital of the five Month-End Working Capital figures calculated for Target Working Capital; provided, however, that in no event will the Working Capital Holdback Amount be less than $50,000.
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Examples of Working Capital Holdback Amount in a sentence

  • The Working Capital Holdback Amount and the Indemnity Holdback Amount, each shall be retained from the Purchase Price and held by the Escrow Agent in accordance with the percentage allocations set forth on Schedule 2.3(c).

  • The Working Capital Holdback Amount shall be available to compensate Acquiror for any Claimed Shortfalls.

  • If such audit is conducted and the results of such audit show that the December Working Capital is less than the Target Working Capital by more than $25,000, then at Closing, the Cash Payment shall be decreased by, and the Escrow Funds shall be increased by, the amount that the December Working Capital is less than the Target Working Capital (“Working Capital Holdback Amount”) and the Working Capital Holdback Amount shall be disbursed in accordance with the Escrow Agreement.

  • If the Adjustment Amount is less than the Working Capital Holdback Amount, the difference shall be released by Escrow Agent to Seller up to the amount of the Working Capital Holdback Amount.

  • According to the co-production literature, there are broad socio-economic co-production outcomes for sponsors and management of service providers, such as job creation, neighbourhood revitalisation, technology transfer, and improvement in the economic condition of disadvantaged minorities (Rice, 2002; Schroeder, 1990).


More Definitions of Working Capital Holdback Amount

Working Capital Holdback Amount means $3,500,000 (three million five hundred thousand dollars).
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Working Capital Holdback Amount means $***.
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Working Capital Holdback Amount means $500,000. ​ ​
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Working Capital Holdback Amount means an amount equal to 94% of the product of (x) 1.40, multiplied by (y) the difference between (i) the applicable Reference Amount and (ii) the Working Capital Estimate; provided, that in the event (A) the Working Capital Estimate exceeds the applicable Reference Amount or (B) the Working Capital Holdback Amount calculated pursuant to the preceding formula is less than $1,000,000, the Working Capital Holdback Amount shall be $0.
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Working Capital Holdback Amount means $80,000, subject to the final determination of the adjustments in accordance with the provisions of Section 2.8; and
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Working Capital Holdback Amount means $350,000.00.
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Working Capital Holdback Amount means $1,062,038.64.
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