Actual Inventory Value definition

Actual Inventory Value has the meaning set forth in Exhibit C.
Sample 1
Actual Inventory Value has the meaning ascribed in Section 3.05(c) of this Agreement.
Sample 1
Actual Inventory Value has the meaning set forth in Section ---------------------- 2.02 (c).
Sample 1

Examples of Actual Inventory Value in a sentence

  • Client qualifies for the Category 1 discounts in the CBA Pricing Table if Client’s CBA is available on the date of your request and the Actual Inventory Value has not reached the relevant MLC Annual Maximums specified below.

  • The Ethics Committee shall consist of the Heads of HR, Finance and Legal and any other member nominated by the Chairperson of the Company.⮚ “Protected Disclosure” means a concern raised in good faith that discloses information that may evidence unethical, improper, or illegal activity.

  • In the event Buyer, Deloitte & Touche LLP or other authorized representative of Buyer determines that the actual valuation of the Inventory differs from the Initial Inventory Value (the "ACTUAL INVENTORY VALUE") prior to Closing, the Base Purchase Price shall be adjusted by an amount equal to the difference between the Initial Inventory Value and the Actual Inventory Value.

  • CBA PRICING TABLE Category Number Description of Qualifying Elements Discount off price at the time of 1 MLC Programs 9.45% off Actual Inventory Value 2 IPAA IBM Programs not otherwise listed in this table, including S&S on such programs, such that all S&S is prorated to be covered until the End Date.

  • If the Estimated Inventory Value is greater than the Actual Inventory Value, the excess shall be refunded to winning bidder within three (3) business days following the Closing Date.

  • Notwithstanding that the Parties shall determine the foregoing amounts separately for each Closing, the Parties shall calculate and prepare a reconciliation, on a biweekly basis, with respect to all Closings for which the Actual Inventory Value, the Actual Accrued PTO Amount and the Actual Proration Amounts shall have been determined within such biweekly period in accordance with the foregoing sentence.

  • In the event that the amount of the Actual Inventory Value of the Capitol Adhesives Inventory reflected on Halex’s Statement of Actual Inventory Value exceeds the Estimated Inventory Value for the Capitol Adhesives Inventory, then Xxxxxxx shall within 100 Business Days of the date of such Statement of Actual Inventory Value pay by wire transfer in immediately available funds an amount equal to such difference to Halex.

  • No later than 10 Business Days following the Closing Date, each of Halex and Xxxxxxx shall determine the actual quantities of Capitol Adhesives Inventory and Xxxxxxx Tape Inventory, respectively, existing as of the Closing Date and deliver a written statement of the respective Actual Inventory Value (the “Statement of Actual Inventory Value”) based upon such quantities.

  • If the parties are unable to agree upon the calculation of the Actual Inventory Value or the Actual Assumed Accounts Receivable Value, then the parties shall negotiate in good faith in an effort to resolve such objections.

  • The Actual Inventory Statement shall be prepared, and the Actual Inventory Value shall be calculated, using the same value per SKU and other procedures, policies, practices and methods used in preparing the Reference Finished Goods Inventory Statement.


More Definitions of Actual Inventory Value

Actual Inventory Value as defined in Section 2.8.
Sample 1
Actual Inventory Value has the meaning set forth in Section 2.6.1 as modified by Section 2.6.3 hereof.
Sample 1
Actual Inventory Value has the meaning set forth in Section 2.5.
Sample 1

Related to Actual Inventory Value

  • 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.

  • Inventory Formula Amount means, with respect to any item of Eligible Inventory and at any time of determination, the lesser of (a) 65% of the lower of cost and market of such Inventory and (b) 85% of the Net Orderly Liquidation Value of such Inventory.

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

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

  • Eligible Finished Goods Inventory means Eligible Inventory consisting of finished goods available for sale (as determined in a manner acceptable to the Administrative Agent in its Permitted Discretion and consistent with past practices).

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

  • 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;

  • Eligible Inventory means and include Inventory of a Borrower, excluding work in process, valued at the lower of cost or market value, determined on a first-in-first-out basis, which is not, in Administrative Agent’s Permitted Discretion, obsolete, slow moving or unmerchantable and which Administrative Agent, in its Permitted Discretion, shall not deem ineligible Inventory, based on such considerations as Administrative Agent may from time to time deem appropriate including whether the Inventory is subject to a perfected, first priority security interest in favor of Administrative Agent and no other Lien (other than a Permitted Encumbrance). In addition, Inventory shall not be Eligible Inventory if it: (a) does not conform to all standards imposed by any Governmental Body which has regulatory authority over such goods or the use or sale thereof; (b) is Foreign In-Transit Inventory or in-transit within the United States; (c) is located outside the continental United States; (d) constitutes Consigned Inventory; (e) is the subject of an Intellectual Property Claim; (f) is subject to a License Agreement that limits, conditions or restricts the applicable Borrower’s or Administrative Agent’s right to sell or otherwise dispose of such Inventory, unless Administrative Agent is a party to a Licensor/Administrative Agent Agreement with the Licensor under such License Agreement (or Administrative Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Administrative Agent shall deem appropriate in its sole discretion); (g) is situated at a location not owned by a Borrower unless the owner or occupier of such location has executed in favor of Administrative Agent a Lien Waiver Agreement (or Administrative Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Administrative Agent shall deem appropriate in its Permitted Discretion); or (h) or if the sale of such Inventory would result in an ineligible Receivable.

  • Product Inventory means all inventory owned as of the Closing by Seller or any Affiliate thereof of finished Product that is in conformance with the Specifications and has an expiration date of October 1, 2016 or later, regardless of whether such inventory is held at a location or facility of Seller or any Affiliate (or of any other Person on behalf of Seller or any Affiliate, including in any of Seller’s warehouses, manufacturers, suppliers, distributors or consignees) or in transit to or from Seller or any Affiliate (or any such other Person).

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

  • 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).

  • Current Assessed Value means the assessed value of the District certified by the municipal assessor as of April 1st of each year that the District remains in effect.

  • Gross Book Value means, at any time, the book value of the assets of the REIT, as shown on its then most recent balance sheet, plus the amount of accumulated depreciation shown thereon.

  • Gross Calorific Value of “GCV” shall mean that quantity of heat expressed in Kilowatt- hour produced by the complete combustion of one (1) normal cubic metre of Natural Gas at twenty-five (25) degrees Celsius and an absolute pressure of one decimal zero one three two five (1.01325) bar with excess air at the same temperature and pressure as the Natural Gas when the products of combustion are cooled to twenty-five (25) degrees Celsius and when the water formed by combustion is condensed to the liquid state and the products of combustion contain the same total mass of water vapor as the Natural Gas and air before combustion.

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).

  • Transferred Inventory shall have the meaning set forth in Section 1.1(c).

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

  • Inventory Reserves means such reserves as may be established from time to time by the Agent in its Permitted Discretion with respect to the determination of the saleability, at retail, of the Eligible Inventory, which reflect such other factors as affect the market value of the Eligible Inventory or which reflect claims and liabilities that the Agent determines will need to be satisfied in connection with the realization upon the Inventory. Without limiting the generality of the foregoing, Inventory Reserves may, in the Agent’s Permitted Discretion, include (but are not limited to) reserves based on:

  • Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.

  • Excluded Inventory shall have the meaning set forth in Section 2.1(c).

  • Gross weight means the aggregate weight of a vehicle or combination of vehicles and the load

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • ex-works price means the price paid for the product ex works to the manufacturer in the EU or in a SADC EPA State in whose undertaking the last working or processing is carried out, provided the price includes the value of all the materials used, minus any internal taxes paid which are, or may be, repaid when the product obtained is exported;

  • In-Transit Inventory means Inventory of a Borrower which is in the possession of a common carrier and is in transit from a Foreign Vendor of a Borrower from a location outside of the continental United States to a location of a Borrower that is within the continental United States.