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 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.
In addition to other standard contractual terms the Client will need, the Client will require the selected vendor to comply with the defense, indemnification, hold harmless and insurance requirements as outlined below.
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.
For the avoidance of doubt, any interest accrued on the Escrow Amount or the Working Capital Surplus while such amounts are held in the Escrow Fund shall be the property of the Company Holders and shall not be available for distribution to Parent.

Working Capital Surplus has the meaning set forth in Section 2.03(b).

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 shall have the meaning set forth in Section 2.13(e).

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 Net Working Capital is greater than $831,000.

Working Capital Surplus means the amount by which the Working Capital as of 12:01 A.M. on the Closing Date is greater than Target Working Capital.

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.