Estimated Working Capital has the meaning set forth in Section 2.3(a).
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Estimated Net Working Capital has the meaning set forth in Section 2.3(a).
Actual Working Capital has the meaning set forth in Section 2.7(a).
Target Working Capital has the meaning set forth in Section 2.06(a)(ii).
Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.
estimated consumption means the consumption that a customer, whose consumption is not measured during a specific period, is deemed to have consumed and that is estimated by taking into account factors that are considered relevant by the Municipality and which may include the consumption of municipal services by the totality of the users of a service within the area where the service is rendered by the Municipality, at the appropriate level of service, for a specific time;
Target Net Working Capital means $36,500,000.
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).
Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.