Working Capital Methodology definition

Working Capital Methodology means in accordance with the Accounting Principles with the presentation to be consistent with the form of the illustrative example set forth on Schedule 1.1(c).

Working Capital Methodology means GAAP and the policies, principles, procedures and methodologies used in calculating the adjusted net working capital of the Company (on a consolidated basis) as set forth in Schedule B and made a part hereof.

Working Capital Methodology means the policies, principles, practices and methodologies set forth on Schedule A-2.

Examples of Working Capital Methodology in a sentence

• The Post-Closing Statement shall be prepared in a manner consistent with the Specified Accounting Principles and, in the case of the Working Capital, the Working Capital Methodology.

• The Closing Statement will be prepared in a manner consistent with the Net Working Capital Methodology and the definitions of the terms Closing Cash, Closing Indebtedness, Net Working Capital and Seller Transaction Expenses contained herein.

• The Closing Statement shall be prepared in a manner consistent with the Specified Accounting Principles and, in the case of Working Capital, the Working Capital Methodology.

• Purchaser shall then determine the Net Working Capital as of the Closing Date based upon the Closing Balance Sheet using GAAP and the Working Capital Methodology.

• Exhibit A Working Capital Methodology Exhibit B Escrow Agreement Exhibit C Transition Services Agreement Exhibit D Carve-out Methodology ASSET PURCHASE AGREEMENT This ASSET PURCHASE AGREEMENT (the “Agreement”) is made this 25th day of November, 2013 by and among S.R. Xxxxx, LLC, a Delaware limited liability company (“Buyer”) and Energy Focus, Inc., a Delaware corporation (“Seller”).

More Definitions of Working Capital Methodology

Working Capital Methodology has the meaning set forth in the definition of Working Capital.

Working Capital Methodology means in accordance with GAAP consistently applied, except as modified by any applicable definitions herein or otherwise described or set forth on Annex D.

Working Capital Methodology is defined in Section 2.4(b)(iv).

Working Capital Methodology means (i) in respect of Cash, Indebtedness and Transaction Expenses, GAAP, applying the accounting methods, policies, principles, practices and procedures, with consistent classifications, judgments and estimation methodologies, in each case, used by the Company Group in the preparation of the Audited Balance Sheet and (ii) in respect of Working Capital, the accounting methods, policies, principles, practices and procedures, with consistent classifications, judgments and estimation methodologies, in each case, used by the Company Group in determining the balance sheet accounts as of the end of each month during the twelve-month period ended September 30, 2017 as set forth on the Working Capital Schedule.

Working Capital Methodology means GAAP, as consistently applied by the Company in preparing the Financial Statements using the principles, methods, practices, categories, estimates, judgments and assumptions that were used in preparing the most recent Audited Financial Statements. Attached hereto as Schedule 1.1(a) is a calculation of the Net Working Capital used for purposes of computing the Target Net Working Capital using the Working Capital Methodology. The Working Capital Methodology shall not take into consideration, and the Net Working Capital shall be computed without regard to, any purchase accounting or the transactions contemplated by this Agreement.

Working Capital Methodology means calculations and methodologies as described in Section 2.06(a)(i) of the Disclosure Schedules.

Working Capital Methodology has the meaning set forth in Section 2.04(a)(i).