Inventory Survey definition

Inventory Survey shall have the meaning set forth in Section 3.02(a).
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Inventory Survey has the meaning ascribed to in Section 1.04.
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Examples of Inventory Survey in a sentence

  • Seller will permit an employee, or representative, of Buyer to observe the Inventory Survey.

  • The Inventory Adjustment Amount and the Maintenance and Capital Expenditures Amount for the Closing are referred to collectively as the "Adjustment Amount." The Inventory Adjustment Amount will be based on an inventory survey conducted by MPC within five days prior to the Closing consistent with MPC's current inventory procedures (the "Inventory Survey").

  • The Adjustment Amount will be based, in respect of fuel, on the actual fuel inventory on the Closing Date and, in respect of supplies, materials and spare parts, on an inventory survey conducted within ten Business Days prior to the Closing Date, in each case, consistent with the inventory procedures of Seller in effect as of the date of this Agreement (the "Inventory Survey").

  • Seller will request that MPC permit an employee, or representative, of Purchaser to observe the Inventory Survey.

  • Seller will permit an employee, or representative, of Purchaser to observe the Inventory Survey.

  • The Inventory Adjustment Amount and the Maintenance and Capital Expenditures Amount for the Closing is referred to collectively as the "Adjustment Amount." The Inventory Adjustment Amount will be based on an inventory survey conducted by Seller within five days prior to the Closing consistent with Seller's current inventory procedures (the "Inventory Survey").

  • The Sellers will permit an employee, or representative, of the Buyer to observe the Inventory Survey.

  • The Final Fuel Related Adjustment Amount will be based on the actual fuel inventory on the Closing Date, and the Final Non-Fuel Related Adjustment Amount will be based on an inventory survey conducted within 30 Business Days prior to the Closing Date, in each case, consistent with the inventory procedures of Seller in effect as of the date of this Agreement (the "Inventory Survey").

  • The Inventory Adjustment Amount and the Maintenance and Capital Expenditures Amount for the Closing is referred to collectively as the "Adjustment Amount." The Inventory Adjustment Amount will be based on an inventory survey conducted within five days prior to the Closing Date consistent with current NEP inventory procedures (the "Inventory Survey").

  • Seller shall provide reasonable notice to Buyer of the date and time of the Inventory Survey and will permit an employee, or representative, of Buyer to observe the Inventory Survey.

Related to Inventory Survey

  • Inventory Appraisal means (a) on the Closing Date, the appraisal prepared by Great American Group dated June 2007 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraisal firm pursuant to Section 9.2(b).

  • Inventory Value means with respect to any Inventory of a Loan Party at the time of any determination thereof, the standard cost determined on a first in first out basis and carried on the general ledger or inventory system of such Loan Party stated on a basis consistent with its current and historical accounting practices, in Dollars, determined in accordance with the standard cost method of accounting less, without duplication, (i) any markup on Inventory from an Affiliate and (ii) in the event variances under the standard cost method are expensed, a Reserve reasonably determined by the Agent as appropriate in order to adjust the standard cost of Eligible Inventory to approximate actual cost.

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

  • Quantity Surveyor means the quantity surveyor appointed by the Seller for the purposes of the Development;

  • Final Closing Statement has the meaning set forth in Section 2.4(a).

  • Title Commitment shall have the meaning set forth in Section 4.2.

  • Draft Closing Statement means a draft closing statement, prepared by Seller, as of the close of business of the third (3rd) business day preceding the Closing Date setting forth an estimated calculation of both the Purchase Price and the Estimated Payment Amount.

  • Survey means a survey of the Property prepared by a surveyor licensed in the State and satisfactory to Lender and the company or companies issuing the Title Insurance Policy, and containing a certification of such surveyor satisfactory to Lender.

  • Existing Survey means the existing ALTA survey of the Property.

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.

  • Preliminary Closing Statement shall have the meaning set forth in Section 2.3(a).

  • Inventory Sublimit means the amount(s) set forth in Section 1(d) of Schedule A.

  • Title Documents shall have the meaning set forth in Section 4.1.

  • Final Working Capital Statement has the meaning set forth in Section 2.04.

  • Title Commitments has the meaning set forth in Section 5.9.

  • Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).

  • Title Report has the meaning set forth in Section 5.4(b).

  • Working Capital Statement has the meaning set forth in Section 2.3(a).

  • Obsolete Inventory means items that have expired, are redundant or

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

  • Due Diligence Examination shall have the meaning set forth in Section 3.2.

  • Land surveyor means a person who by reason of knowledge of