Working Capital Notice definition

Working Capital Notice is defined in Section 3.4(a).
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Working Capital Notice is defined in Section 2.6(a).
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Working Capital Notice as defined in Section 2.5(b)(ii).
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Examples of Working Capital Notice in a sentence

  • Within ten (10) Business Days following the date of the Working Capital Notice, the participating Members shall give notice to the Manager and the other Members stating their election whether to provide such funding to the Company (the “Funding Notice”).

  • The Statement of Working Capital shall become final and binding upon the parties on the thirtieth (30th) day following delivery thereof, unless Buyer gives written notice of its disagreement with the Statement of Working Capital ("Notice of Disagreement") to Seller prior to the close of business on the last day of such 30-day period.

  • Upon receipt of the Working Capital Notice of Dispute, the Buyer and the Seller shall consult promptly with each other with respect to the points of dispute in an effort to resolve the dispute.

  • The Statement of Working Capital shall become final and binding upon the parties on the 60/th/ day following delivery thereof, unless Purchaser gives written notice of its disagreement with the Statement of Working Capital ("Notice of Disagreement") to ---------------------- CBS prior to such date.

  • If Sellers fail to deliver the Working Capital Notice of Objections within thirty days after receipt of the Buyers’ Proposal, Sellers shall be deemed to have accepted Buyers’ calculation.

  • The Seller Entities shall be deemed to have accepted any determination by the Buyer in the Buyer Working Capital Statement and each such determination shall be deemed conclusive, binding and final if (i) the Seller Entities fail to give a Working Capital Notice of Dispute within such 60-day period, or (ii) the Seller Entities give notice to the Buyer accepting a determination within such 60-day period.

  • Within 30 days after the Closing Date, the Purchaser shall deliver to the Vendors a notice (the "Working Capital Notice") setting forth the Purchaser's calculation of the actual Working Capital calculated in the manner set forth on Exhibit 4(3)(b) hereto (the "Actual Working Capital").

  • The calculation of Actual Working Capital set forth in the Working Capital Notice shall be binding upon the Parties, except to the extent that the Vendors object to such notice in accordance with Section 4(3)(c).

  • During the twenty (20) Business Day period following delivery of the Working Capital Notice of Disagreement (the “Working Capital Dispute Resolution Period”), the Purchaser and the Sellers’ Representative shall use reasonable good faith efforts to resolve the disagreement.

  • With respect to any disputed amounts, Buyer and the Seller Representative shall meet in person in Cleveland, Ohio and negotiate in good faith during the 15-business day period (the “Working Capital Resolution Period”) after the date of Buyer’s receipt of the Working Capital Notice to resolve any such disputes.


More Definitions of Working Capital Notice

Working Capital Notice shall have the meaning set forth in Section 8.6(a) hereof.
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Related to Working Capital Notice

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the open of business on the Closing Date.

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

  • Working Capital Amount shall have the meaning specified in Section 3.4(e).

  • Working Capital Advance has the meaning specified in Section 2.01(c).

  • Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.

  • Base Working Capital means $25,000,000.

  • Working Capital Warrants shall have the meaning given in the Recitals hereto.

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Working Capital Units shall have the meaning given in the Recitals hereto.

  • Working Capital Shares shall have the meaning given in the Recitals hereto.

  • Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

  • Working Capital Target means $0.

  • Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).

  • Working Capital Borrowings means borrowings incurred pursuant to a credit facility, commercial paper facility or similar financing arrangement that are used solely for working capital purposes or to pay distributions to the Partners; provided that when such borrowings are incurred it is the intent of the borrower to repay such borrowings within 12 months from the date of such borrowings other than from additional Working Capital Borrowings.

  • Working Capital Loan has the meaning specified in Section 2.1(c).

  • Working Capital means, with respect to the Borrower and the Subsidiaries on a consolidated basis at any date of determination, Current Assets at such date of determination minus Current Liabilities at such date of determination; provided, that, for purposes of calculating Excess Cash Flow, increases or decreases in Working Capital shall be calculated without regard to any changes in Current Assets or Current Liabilities as a result of (a) any reclassification in accordance with GAAP of assets or liabilities, as applicable, between current and noncurrent or (b) the effects of purchase accounting.

  • Working Capital Escrow Amount means $1,000,000.

  • Working Capital Assets means the current assets of the Company as of the Effective Time (including all Cash and Cash Equivalents), determined in accordance with Accounting Principles but excluding any Tax assets.

  • Estimated Working Capital has the meaning set forth in Section 2.3(a).

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Working Capital Reserve shall have the meaning set forth in the Partnership Agreement.

  • Target Working Capital Amount means $162,000,000.

  • Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).

  • Final Working Capital has the meaning set forth in Section 2.04(b).