Maximum Net Working Capital definition

Maximum Net Working Capital means the sum of (i) the amount of the Target Net Working Capital plus (ii) $15,000,000.
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Maximum Net Working Capital has the meaning set forth in Section 2.2(a).
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Maximum Net Working Capital is defined in Section 1.3.5.
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Examples of Maximum Net Working Capital in a sentence

  • Notwithstanding the foregoing, in the event that the Company’s calculation of the Net Working Capital contemplated by clause (i) above is greater than the Maximum Net Working Capital, the Preliminary Closing Statement shall reflect that the Preliminary Net Working Capital shall be deemed to be the Maximum Net Working Capital.

  • Sellers and Buyer acknowledge and agree that the calculation of Closing Net Working Capital should be performed in a similar manner as the calculation of Net Working Capital as of September 30, 2007 included in Exhibit 1.3. The difference that results from the Closing Net Working Capital minus the Maximum Net Working Capital will be paid by Buyer to Sellers if such difference is a positive amount.

  • Calendar Year Maximum Net Working Capital Percentage 2005 13.3 % 2006 13.2 % 2007 13.1 % 2008 13.0 % The Maximum Net Working Capital Ratio shall be subject to appropriate adjustment by the Board in the event that the Company acquires any business(es) with an aggregate purchase price in excess of $10,000,000 (including any earnout components, etc.).


More Definitions of Maximum Net Working Capital

Maximum Net Working Capital has the meaning set forth in Section 1.3 of this Agreement.
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Related to Maximum Net Working Capital