Projected Working Capital definition

Projected Working Capital means COP$9,520,579,292.

Projected Working Capital means the Company's projected Working Capital as at various dates, as set forth in Exhibit H hereto. If the Closing Date occurs between one of the dates listed in Exhibit H, the applicable Projected Working Capital shall be determined by linear interpolation (ignoring days other than Business Days).

Projected Working Capital is defined in Section 1.04.

Examples of Projected Working Capital in a sentence

• Basis of estimation of working capital:Inventory RequirementsValue (PKR’000)Scrap3,398,000Billet2,727,000Rebars3,875,000Total Projected Working Capital Requirement post expansion10,000,000Less: Existing Working Capital Requirements met through existing facilities(9,000,000)Additional Minimum Requirements1,000,000 This includes purchase of scrap and conversion and holding cost of Billet and Rebar respectively.

• The term "Final Adjustment" means an amount equal to the Closing Working Capital minus the Projected Working Capital, which may be a positive or negative number.

• Policy NE3 states that new development should conserve significant trees, woodlands and hedgerows where possible and ensure the implementation of appropriate and adequate mitigation and compensation where necessary.

• Water treatment additives can vary from innocuous to highly toxic.

• Purchaser and Seller shall review any Projected Working Capital, based upon such determination.

• If the difference between the Closing Working Capital and the Projected Working Capital (the " Final Adjustment ") is greater than zero, Buyer shall deliver the aggregate amount of the Final Adjustment, together with interest thereon at a rate per annum equal to 4%, calculated on the basis of the actual number of days elapsed over 360, by wire transfer in immediately available funds, to the account or accounts designated by Seller.

• Raw Material RequirementsValue (PKR’000)Scrap3,398,000Billet2,727,000Rebars3,875,000Total Projected Working Capital Requirement post expansion10,000,000Less: Existing Working Capital Requirements met through existing facilities(9,000,000)Additional Requirements1,000,000 The Company has evaluated its working capital requirement based on past trends and requirements and future business outlook.

• The term " Estimated Adjustment" means an amount equal to the Projected Working Capital minus the Target Working Capital, which may be a positive or negative number.

• Form for Eligibility Criteria Annexure –I stamped dated and signed including Annexure IA, Annexure –IB , Annexure-IC , Annexure-ID and Annexure-IE.

• A = Actual F =Forecast B = Budget P= Projected Working Capital is the excess of Council’s current assets over its current liabilities and indicates Council’s ability to meet its financial obligations in the short term.