Peg Net Working Capital definition

Examples of Peg Net Working Capital in a sentence

• Shareholder and Sellers jointly and severally represent and warrant that the Peg Net Working Capital is the average of Sellers’ aggregate Net Working Capital as of the end of each month in the 12 month period ended on October 31, 2003, and was calculated as set forth on the peg statement attached as Exhibit A hereto (the “Peg Statement”).

• On or immediately ---------------------------------------- prior to the Closing Date, Seller and its Accountants will conduct an audit (including a physical inventory that Buyer and its Accountants may observe) of ▇▇▇▇▇▇ ▇▇▇▇ using the same principles, practices, procedures, policies, computational methods and assumptions including GAAP as those used in determining the Peg Net Working Capital.

• Closing Net Working Capital shall be prepared using the same principles, practices, procedures, policies, computational methods and assumptions including GAAP (subject to the exceptions described in Schedule 1.3(a)(i)(B)) as those used in determining Peg Net Working Capital.

• Closing Net Working Capital shall include the same categories of current assets and current liabilities as the Peg Net Working Capital.