Working Capital Shortfall definition

Working Capital Shortfall means the amount, if any, by which Working Capital is less than the Working Capital Target.

Working Capital Shortfall has the meaning specified in Section 2.5(b).

Working Capital Shortfall shall have the meaning set forth in Section 1.3(b).

Examples of Working Capital Shortfall in a sentence

• The aggregate consideration payable for the Units (the “Merger Consideration”) is equal to: (a) Base Amount; plus (b) the Closing Cash; either (c) plus the Closing Working Capital Excess (if any) or minus the Closing Working Capital Shortfall (if any); minus (d) the Closing Indebtedness; minus (e) the Closing Transaction Expenses.

• If the Majority Stockholder timely makes such a payment or if Xxxxxx Xxxxxxxx'x calculation of Company Net Working Capital discloses no Working Capital Shortfall, the Company will be deemed to have satisfied the condition to the Offer set forth in paragraph (c)(x) of Annex A.

• The leakage power is 13.39-19.24% of the total power consumption for FIR32 and SpMV.

• If the Estimated Closing Date Balance Sheet shows a Working Capital Shortfall, the Purchase Price shall be reduced by the aggregate amount of such Working Capital Shortfall.

• The amount of cash to be paid at the Closing (the “Estimated Cash Consideration Adjustment Amount”) shall be equal to the Cash Consideration minus (A) the Estimated Closing Date Working Capital Shortfall, if any, plus (B) the Estimated Closing Date Working Capital Excess, if any, and plus (C) the Estimated Net Cash.

More Definitions of Working Capital Shortfall

Working Capital Shortfall means the amount, on a dollar for dollar basis, by which the Working Capital Target exceeds the Estimated Working Capital.

Working Capital Shortfall shall have the meaning set forth in Section 2.7(d).

Working Capital Shortfall means the amount, if any, by which the Closing Working Capital Amount is less than $1.00.

Working Capital Shortfall means the amount of additional working capital required for the sole purpose of funding operating expenses pursuant to, and to the extent of such amounts as set forth in, any Approved Budget. In addition, the following terms are defined in the Sections of this Agreement that are referenced alongside the terms: Act Recital A Adjusted Dilution Multiplier Section 6.3(b) Agreement AM Commitment Amount AM Initial Contribution Preamble Section 6.1 Section 6.1 AM Mandatory Capital Contribution Section 6.1 Applicable Adjustment Percentage Section 6.3(b) Applicable Price Section 10.3(a) Appraised Value Section 10.4(d)(i) Annual LLC Budget Section 9.2(c) Approved Contracts Section 9.2(a)(v) AREP Section 10.4(a) Asset Management Fee Section 9.6 Audited Financial Request Section 12.3(a) Business Section 4 Buy-Sell Notice Section 10.3(a) Capital Account Section 7.1(a) Cash Notice Section 6.3(a) Certificate Recital A Closing Date Section 10.3(a) Company Recital A Contributing Members Section 6.3(b) CWI Preamble CWI Initial Contribution Section 6.1 CWI Law Firm Section 18.3 CWI Preferred Return Debt Deficiency Amount Section 8.1(b)(iii) Section 9.15(g) Section 6.3(b) Deficit Loan Section 6.3(c) Deposit Section 10.3(a) Discussion Period Section 9.11(b)(i) Effective Date Preamble Exchange Act Section 5.7 GDR Section 9.10 Guarantor Impasse Section 9.15(j) Section 9.4(c) Indemnitee Section 9.13(c) Indemnitor Section 9.13(c) Indemnity Obligations Section 9.13(b) Initial Capital Contributions Section 6.1 Initial LLC Budget Section 9.2(c) Liquor Licenses Section 9.10 LiquorCo Section 9.10 Loan Cost Request Section 6.3(b) Major Decisions Section 9.4(b) Managing Parties Section 9.13(a) Mandatory Capital Contribution Section 6.3(a) Marcus Interest Section 10.4(a) Member Preamble Member Loan Section 6.3(a) Non-Contributing Member Operating Lease Section 6.3(b) Recital D Operator Section 9.5 Owner Pre-Closing Liabilities Cap Project Management Agreement Project Management Fee Section 9.5 Section 9.13(b) Section 9.7 Section 9.7

Working Capital Shortfall means the amount by which the Company’s Closing Date Working Capital is less than $54,000,000; provided that there will be no adjustment if such amount is less than $1,500,000.

Working Capital Shortfall the amount (if any) by which the Actual Working Capital Amount is less than the Estimated Working Capital Amount;

Working Capital Shortfall shall have the meaning set forth in Section 10.1(c).