Common use of Net Working Capital Clause in Contracts

Net Working Capital. “Net Working Capital” shall mean the total current assets (excluding current income Tax assets) of the Companies less the total current liabilities (excluding current liabilities for income Taxes) of the Companies.

Appears in 1 contract

Sources: Stock Purchase Agreement (Perkinelmer Inc)

Net Working Capital. “Net Working Capital” shall mean the total current assets of the Company less current liabilities of the Company (excluding current income Tax assets) of the Companies less the total current liabilities (excluding current liabilities for income Taxes) of the CompaniesAcquired Company Transaction Expenses and Company Debt), as determined in accordance with GAAP consistent with past practices.

Appears in 1 contract

Sources: Merger Agreement (Yelp Inc)

Net Working Capital. “Net Working Capital” shall mean the total current assets of the Company less current liabilities of the Company (excluding current income Tax assets) of the Companies less the total current liabilities (excluding current liabilities for income Taxes) of the CompaniesTransaction Expenses, Transaction Payroll Taxes and Closing Indebtedness), as determined in accordance with GAAP consistent with past practices.

Appears in 1 contract

Sources: Merger Agreement (Yelp Inc)

Net Working Capital. “Net Working Capital” shall mean the total current assets (excluding current income Tax assets) of the Companies Company less the total current liabilities (excluding current liabilities for income Taxes) of the Companies.Company (including the Acquired Company Transaction Expenses and the Transaction Payroll Taxes, but exclusive of the Company Debt), as determined in accordance with GAAP consistent with past practices, and calculated in accordance with the calculations and methodology used on Exhibit I.

Appears in 1 contract

Sources: Merger Agreement (Yelp Inc)

Net Working Capital. “Net Working Capital” shall mean the total current assets (excluding less the current income Tax assets) liabilities of the Companies less Company and the total current liabilities (excluding current liabilities for income Taxes) Company Subsidiaries as of the Companies.Closing, all as determined on a consolidated basis in accordance with GAAP applied in a manner consistent with the Company Balance Sheet; provided that, in determining Net Working Capital amounts in respect of the following shall be adjusted as set forth below:

Appears in 1 contract

Sources: Purchase Agreement (Travelcenters of America LLC)