Estimated Closing Date Net Working Capital definition

Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).
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Estimated Closing Date Net Working Capital has the meaning specified in Section 3.3.
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Estimated Closing Date Net Working Capital means the Seller’s estimate of Net Working Capital as of the Closing Date calculated pursuant to the Estimated Closing Date Calculation and set forth in the Estimated Closing Date Statement;
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Examples of Estimated Closing Date Net Working Capital in a sentence

  • The Closing Financial Data will be prepared in accordance with GAAP using, to the extent consistent with GAAP, the same accounting principles, on a consistent basis, that were employed in preparing the Balance Sheet and the calculations of Estimated Closing Date Debt and Estimated Closing Date Net Working Capital.

  • If the amount of the Closing Date Net Working Capital (as finally determined pursuant to this Section 2.06) is less than the amount of the Estimated Closing Date Net Working Capital, then the Sellers, jointly and severally, shall pay to the Purchaser or, at the Purchaser’s sole discretion, to the Company, an amount equal to such difference within the time period set forth in Section 2.06(f).

  • If the amount of the Closing Date Net Working Capital (as finally determined pursuant to this Section 2.06) exceeds the amount of the Estimated Closing Date Net Working Capital, then the Purchaser shall pay or cause the Company to pay to the Selling Entity an amount equal to such excess within the time period set forth in Section 2.06(f).

  • At Purchaser’s request, the Sellers will meet promptly and before the anticipated Closing Date with Purchaser to review the Estimated Closing Statement and any differences raised by Purchaser in good faith with respect to the Estimated Closing Date Debt and/or Estimated Closing Date Net Working Capital.


More Definitions of Estimated Closing Date Net Working Capital

Estimated Closing Date Net Working Capital means a good faith estimate of the Closing Date Net Working Capital.
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Estimated Closing Date Net Working Capital means the Company’s reasonable, good faith estimate of the aggregate amount of Net Working Capital of the Company and its wholly-owned Subsidiaries as of the close of business on the Closing Date as reflected on the Estimated Closing Balance Sheet, determined without giving effect to the consummation of the transactions contemplated by this Agreement or any financing transactions in connection therewith.
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Estimated Closing Date Net Working Capital shall have the meaning set forth in the definition of “Estimated Closing Statement” in this Exhibit A.
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Estimated Closing Date Net Working Capital means the Sellers’ good faith estimate of Closing Date Net Working Capital, as set forth in the Closing Calculation to be delivered pursuant to Section 2.6.
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Estimated Closing Date Net Working Capital means $42,380,055.35, being the good faith estimate of the Closing Date Net Working Capital, as set forth in a written statement signed by the Chief Financial Officer of the Company and delivered to the Acquiror at least two (2) Business Days prior to the date hereof, and prepared in accordance with the NWC Methodology.
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Estimated Closing Date Net Working Capital means the Sellers’ good faith estimate of Closing Date Net Working Capital, delivered pursuant to Section 2.01(c).
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Estimated Closing Date Net Working Capital means, as reflected on the Estimated Closing Date Statement (as set forth in Section 2.4), prepared in accordance with GAAP with all amounts in U.S. dollars and subject to final determination based on the Closing Date Statement, the amount equal to the difference between: (x) the Accounts Receivable and Prepaid Expenses and (y) the Assumed Liabilities and Subsidiary Liabilities.
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