Final Net Working Capital Balance definition

Final Net Working Capital Balance means the Net Working Capital Balance as reflected on the Closing Statement of Net Assets that is deemed final pursuant to Section 2.07(c), as adjusted so that the value of the Inventory shall be as set forth on the Closing Statement of Inventory that is deemed final pursuant to Section 2.07(c).
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Final Net Working Capital Balance means the sum of the current assets (excluding cash and cash equivalents) minus the current liabilities (excluding Indebtedness and deferred Tax liabilities) of the Target Companies as of the Closing Date as reflected on the Final Closing Balance Sheet. Notwithstanding anything to the contrary contained herein, the calculation of Final Net Working Capital Balance shall not take into account (1) any accrual or expenses in relation to any Option Award Amount or any Option Exercise (except for any expenses in excess of $780,000 for Medicare payroll taxes in connection with the Option Award Amount or any Option Exercise) or (2) the Tax effect of any such amounts.
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Final Net Working Capital Balance has the meaning set forth in Section 3.1(e)(i)(C).
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Examples of Final Net Working Capital Balance in a sentence

  • Seller shall have the right to examine and make copies of the work papers and such other documents that are generated or reviewed by Purchaser in connection with the preparation of the Final Net Working Capital Balance Sheet and the Final Net Working Capital Calculation.

  • If Seller fails to respond to Purchaser within such thirty (30) day period, Seller shall be deemed to have accepted and agreed to the Final Net Working Capital Balance Sheet and the Final Net Working Capital Calculation as delivered pursuant to SECTION 2.3(a) hereof.

  • The accounting cutoff for the Final Net Working Capital Balance Sheet shall be the close of business on the Closing Date.

Related to Final Net Working Capital Balance

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Target Net Working Capital Amount means $5,000,000.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.