Working Capital Surplus definition

Working Capital Surplus means the amount by which the Working Capital is greater than the Target Working Capital Amount.

Working Capital Surplus means the amount, if any, by which Net Working Capital as reflected on the Final Closing Statement exceeds the Base Working Capital.

Working Capital Surplus has the meaning set forth in Section 1.7(a)(ii).

Examples of Working Capital Surplus in a sentence

• The Accounting Referee’s determination of the Working Capital Schedule and the Working Capital Surplus or Working Capital Deficit, if any, based thereon shall be final and binding on the Parties.

• The Base Consideration shall be reduced by the Final Working Capital Deficiency, if any, or increased by the Final Working Capital Surplus, if any.

• The Purchaser shall pay to the Seller the amount of any Working Capital Surplus.

• The Closing Payment to be paid at Closing shall also be reduced by the amount of the Estimated Working Capital Deficit, if any, or increased by the amount of the Estimated Working Capital Surplus, if any.

• Buyer and Seller shall instruct the Accounting Firm to select one of its partners experienced in purchase price adjustment disputes to make a final determination of Net Working Capital and the Net Working Capital Deficit, if any, or the Net Working Capital Surplus, if any, based solely on the items that are in dispute as set forth in the Notice of Disagreement.

More Definitions of Working Capital Surplus

Working Capital Surplus shall have the meaning set forth in Section 3.2(D).

Working Capital Surplus means the amount by which the Working Capital as of the Closing Date is greater than negative $600,000.

Working Capital Surplus means the amount, if any, by which the Net Working Capital is greater than $831,000.

Working Capital Surplus means the amount, if any, by which the final Closing Net Working Capital Amount exceeds the Target Net Working Capital Amount.

Working Capital Surplus shall have the meaning set forth in Section 1.5(a) hereof.

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

Working Capital Surplus means the amount, if any, by which (i) the Closing Working Capital, as finally determined pursuant to Section 2.3, is greater than (ii) the Target Working Capital Amount.