Reference Net Working Capital Amount definition
Examples of Reference Net Working Capital Amount in a sentence
If (A) the sum of (1) Closing Date Net Working Capital Amount, plus (2) the Collected Receivables Amount as finally determined pursuant to this Section 2.3, minus the Happy ▇▇▇▇▇ Impairment (if any) is less than (B) the Reference Net Working Capital Amount, the Members’ Representative, on behalf of the Company Members, shall cause such shortfall to be paid to the Emdeon Entities out of the Escrowed Consideration pursuant to this Section 2.3(a)(v) and the Escrow Agreement.
If the Final Net Working Capital Amount is less than the Reference Net Working Capital Amount, the Purchase Price payable will be decreased and the Seller will pay the Purchaser the amount of such decrease plus interest on such decrease from the Closing Date to the date of payment at a rate of interest equal to the prime rate announced by PNC Bank as in effect from time to time.
Reference Net Working Capital Amount" shall have the meaning assigned that term in Section 2.8(e).
The Closing Date Balance Sheet shall be prepared in accordance with GAAP and in a manner consistent with the calculation of the Reference Net Working Capital Amount as set forth on Annex A.
From and after the Second Expansion Space Commencement Date ------- and for the balance of the Term of the Lease, Tenant shall have the right to use 172 parking spaces located on a surface lot surrounding the Building and in a two-story parking deck located at the side of the Building, including thirty (30) parking spaces designated for Tenant's exclusive use, the location of such reserved spots to be determined by the mutual agreement of Tenant and Landlord.