Working Capital Range definition

Working Capital Range means the range of negative Fifty Thousand Dollars to Fifty Thousand Dollars (-$50,000 to +$50,000).
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Working Capital Range means $83,000,000 to $87,000,000.
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Working Capital Range means a dollar amount of Working Capital greater than or equal to $200,000 and less than or equal to $500,000.
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Examples of Working Capital Range in a sentence

  • If the Final Net Working Capital is within the Target Net Working Capital Range, there shall be no adjustment to the Purchase Price pursuant to this Section.

  • The Accounting Arbitrator shall not make any other determination, including any determination as to whether the Target Net Working Capital Range is correct.

  • If the Estimated Closing Date Net Working Capital is greater than the top of the Company Net Working Capital Range, then the Closing Date Consideration will be increased by an amount equal to the difference between the Estimated Closing Date Net Working Capital and the midpoint of the Company Net Working Capital Range (such amount, if any, a “Working Capital Overage”).

  • Once accepted, the NEC Safety Case changes will need to be reflected in Transporter’s Safety Cases.

  • If the Estimated Closing Date Net Working Capital is within the Company Net Working Capital Range, then the Closing Date Consideration will not be adjusted for any Working Capital Underage or Working Capital Overage pursuant to this Section 2.1(c), but may be subject to adjustment for a Working Capital Underage or Working Capital Overage following the Closing as provided in Section 2.3.

  • If the Estimated Closing Date Net Working Capital is less than the bottom of the Company Net Working Capital Range, then the Closing Date Consideration will be reduced by an amount equal to the absolute value of the difference between the midpoint of the Company Net Working Capital Range and the Estimated Closing Date Net Working Capital (such amount, if any, a “Working Capital Underage”).

  • Buyer and Seller shall mutually agree that the Net Working Capital of the Company as of the Closing Date shall fall within the Base Net Working Capital Range of $8,900,000 to $9,200,000.

  • The Parties acknowledge and agree that there will be no adjustment to the Transaction Consideration (and no funds deposited into the Working Capital Escrow Fund) if the Estimated Working Capital Amount is within the Target Working Capital Range and that any adjustments to Transaction Consideration made pursuant to this Section 1.11(a) will be reversed pursuant to Section 1.11(d) if the Actual Working Capital Amount is within the Target Working Capital Range.

  • The maximum amount of the Target Working Capital Range shall be equal to an amount of EUR 5,800,000 (in words: five million and eight hundred thousand Euros) and the minimum amount of the Target Working Capital Range shall be equal to an amount of EUR 4,800,000 (in words: four million and eight hundred thousand Euros).

  • If the Post-Closing Adjustment is a negative number, Sellers shall pay to Buyer an amount equal to the absolute value of the difference between the Closing Working Capital and the lower end of the Target Working Capital Range.


More Definitions of Working Capital Range

Working Capital Range means $(7,159,000) to $(9,264,000) (which, for the avoidance of doubt, are negative numbers).
Sample 1
Working Capital Range means $97,000,000 to $103,000,000.
Sample 1
Working Capital Range as provided in the Agreement is hereby deleted and replaced with the following:
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Working Capital Range means the range between $(150,000) and $150,000.
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Working Capital Range as defined in Section 2.6(a).
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Related to Working Capital Range

  • 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.

  • 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 Reserve means a cash reserve held in the Operating Account that is readily available to Manager during the Term to finance the services, repairs and maintenance described in Section 5.2 including Minor Capital Expenditures and Major Capital Expenditures, insurance premiums for the Property described in Section 9.1, and utilities for the Property, in such amounts as determined by the Owner in its sole discretion.

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

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

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

  • Target Working Capital means $0.

  • Working Capital Assets has the meaning as set forth in the Recitals of this Agreement.

  • Working Capital Amount means the difference between (x) the total current assets of the Company and its Subsidiaries and (y) the total current liabilities (other than the New Company Debt, the Existing Company Debt and Deal Expenses) of the Company and its Subsidiaries (in each case calculated in accordance with GAAP immediately prior to the Effective Time and after giving effect to the Contribution, the Distribution and the disposition of cash and cash equivalents contemplated by Section 6.24).

  • Working Capital Adjustment has the meaning set forth in Section 2.5(a).

  • Adjusted Working Capital means the remainder of (a) the consolidated current assets of the Obligors minus the amount of cash and cash equivalents included in such consolidated current assets, minus (b) the consolidated current liabilities of the Obligors minus the amount of consolidated short-term Debt (including current maturities of long-term Debt) of the Obligors included in such consolidated current liabilities.

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

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

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

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

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

  • 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 Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.

  • Working Capital Target means $0.

  • Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Working Capital Escrow Amount means $2,000,000.

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

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

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Working Capital Loans means any loan made to Acquiror by any of the Sponsor, an Affiliate of the Sponsor, or any of Acquiror’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.

  • 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.