Estimated Closing Net Working Capital definition

Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.
Estimated Closing Net Working Capital is defined in Section 2.2(a).
Estimated Closing Net Working Capital is defined in Section 3.02(a).

Examples of Estimated Closing Net Working Capital in a sentence

  • Seller shall provide Buyer and any accountants or advisors retained by Buyer with reasonable access to the Records of the Group Companies for the purpose of enabling Buyer and its accountants and advisors to calculate, and to review Seller’s calculation of the Estimated Closing Net Working Capital Amount, Estimated Closing Cash, Estimated Closing Indebtedness, Estimated Transaction Expenses and Estimated Purchase Price.

  • The amount of the Estimated Closing Net Working Capital Shortage (if any) determined to be due and owing to Buyer by Sellers pursuant to the Estimated Closing Statement shall reduce the Closing Payment payable to Sellers at the Closing pursuant to Section 2.01.

  • The amount of the Estimated Closing Net Working Capital Overage (if any) determined to be due and owing to Sellers pursuant to the Estimated Closing Statement shall be paid by Buyer at the Closing pursuant to Section 2.01.

  • If the Estimated Closing Net Working Capital is less than zero, the Purchaser will deduct the absolute value of the shortfall from the Initial Purchase Price paid at the Closing.

  • Contributors’ calculation of the Estimated Closing Net Working Capital shall be determined in accordance with GAAP applied using the accounting principles, practices and methods that were used in the preparation of the Company Financial Statements and consistent with the methodology for the Company Group set forth on Schedule 2.5. If the Estimated Closing Net Working Capital exceeds the Target Net Working Capital, the Cash Consideration shall be increased by the amount of such excess.


More Definitions of Estimated Closing Net Working Capital

Estimated Closing Net Working Capital means Sellers’ good faith estimate of the Net Working Capital of the Company, on a consolidated basis, as of the Closing.
Estimated Closing Net Working Capital has the meaning set forth in Section 1.13(a).
Estimated Closing Net Working Capital means Sellers’ good faith estimate of the Net Working Capital of the Companies, on a consolidated basis, as of the Closing.
Estimated Closing Net Working Capital means Closing Net Working Capital as shown on the Pre-Closing Statement.
Estimated Closing Net Working Capital has the meaning set forth in Section 2.3(a).
Estimated Closing Net Working Capital is defined in Section 1.5(c)(i).
Estimated Closing Net Working Capital means, with respect to each Specified Purchased Entity, CEOC’s good faith estimate of the Net Working Capital of such Specified Purchased Entity as of the Closing.