Working Capital Surplus definition

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

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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

No fewer than three (3) Business Days prior to the anticipated Closing Date, Seller shall prepare and deliver to Purchaser, a statement (the “Pre-Closing Statement”), setting forth Seller’s good faith estimate, together with reasonable supporting detail, of (a) Working Capital (the “Estimated Working Capital”), (b) the Estimated Working Capital Surplus (if any) and the (c) Estimated Working Capital Deficit (if any), which amounts shall be used to determine the calculation of the Closing Date Payment.
Notwithstanding anything herein to the contrary, the dispute resolution mechanism contained in this Section 3.03(b) shall be the exclusive mechanism for resolving disputes regarding the Working Capital, the Working Capital Surplus (if any), the Working Capital Deficit (if any), and the Closing Date Payment.
In conducting its review, the Independent Accountant shall consider only those items or amounts in the Closing Statement and Purchaser’s calculations of Working Capital, the Working Capital Surplus (if any), and the Working Capital Deficit (if any), which Seller has disputed in the Dispute Notice and that are not resolved in writing during the thirty (30)-day period following delivery of the Dispute Notice.

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 final Closing Net Working Capital Amount exceeds the Target Net Working Capital Amount.

Working Capital Surplus means the amount, if any, by which the Estimated Working Capital is less than the Net Working Capital, as reflected on the Final Working Capital Schedule.

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

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

Working Capital Surplus means the amount (if any) by which the Closing Working Capital, as finally determined pursuant to Section 2.2(d), is greater than the Target Working Capital Amount.