Base Inventory Value definition

Base Inventory Value means $11.6 million, which represents a value of Inventory of the IoT Business that is consistent with the value of Inventory of the IoT Business reflected on the books and records of Seller for the six (6) months preceding the date of this Agreement.
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Base Inventory Value means $10,000,000.
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Base Inventory Value means $16,100,000.
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Examples of Base Inventory Value in a sentence

  • The purchase price in respect of the purchase and sale transactions hereunder (the “Purchase Price”) shall be (a) the sum of (i) an amount in cash equal to Ninety Million Dollars ($90,000,000) plus (ii) the Base Inventory Value, and (b) the assumption of the Assumed Liabilities; provided that the Base Inventory Value shall be subject to adjustment pursuant to Section 2.8.

  • If the Adjustment Amount is negative, the difference between the Final Inventory Value less the Base Inventory Value shall be deducted from the Purchase Price pursuant to Section 2.3. If the Adjustment Amount is positive, the difference between the Final Inventory value and the Base Inventory Value shall be added to the Purchase Price pursuant to Section 2.3.

  • In this case, uvar(E; List; source) was only constrained by the variance of the type signature of the method List.iterator.

  • Agreement 1.1 The definitions of "Base Inventory" and "Base Inventory Value" are hereby added to Section 1.2 of the Loan Agreement and read as follows.

  • The consideration for the Acquired Assets shall be (a) $65,500,000 plus the Base Inventory Value (the “Closing Consideration”), plus or minus (b) the Purchase Price Adjustment, plus (c) the assumption of the Assumed Liabilities.


More Definitions of Base Inventory Value

Base Inventory Value are hereby added to Section 1.2 of the Loan Agreement and read as follows. "(4A) "Base Inventory" means those quantities of crude oil owned by Borrower and located in the United States that are reflected in Property and Equipment on the Borrower's balance sheet." "(4B) "Base Inventory Value" means Base Inventory valued at the lesser of (i) the cost of such inventory to Borrower and (ii) the fair market value of such inventory as of the relevant Reporting Date." 1.2 The definition of "Current Ratio" is hereby amended to read as follows. "(18) "Current Ratio" shall mean current assets plus Base Inventory Value, divided by current liabilities, excluding amounts owed pursuant to the Revolving Line of Credit." 1.3 The definition of "Eligible Inventory" is hereby amended to read as follows. "(22A) "Eligible Inventory" means all crude oil owned by Borrower and located in the United States that is held or designated for sale to third parties, valued for purposes of each Borrowing Base Report at the lesser of (i) the cost of such inventory to Borrower and (ii) the fair market value of such inventory as of the relevant Reporting Date. Eligible Inventory includes
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Base Inventory Value means Base Inventory valued at the lesser of (i) the cost of such inventory to Borrower and (ii) the fair market value of such inventory as of the relevant Reporting Date." 1.2 The definition of "Current Ratio" is hereby amended to read as follows. "(18) "Current Ratio" shall mean current assets plus Base Inventory Value, divided by current liabilities, excluding amounts owed pursuant to the Revolving Line of Credit." 1.3 The definition of "Eligible Inventory" is hereby amended to read as follows. "(22A) "Eligible Inventory" means all crude oil owned by Borrower and located in the United States that is held or designated for sale to third parties, valued for purposes of each Borrowing Base Report at the lesser of (i) the cost of such inventory to Borrower and (ii) the fair market value of such inventory as of the relevant Reporting Date. Eligible Inventory includes
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Base Inventory Value means $14,000,000, net of excess and obsolete inventory reserves (determined in accordance with GAAP consistently applied with the Seller’s past practices).
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Base Inventory Value means $5,000,000.
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Base Inventory Value has the meaning set forth in Section 3.1.B.
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Related to Base Inventory Value

  • Inventory Value has the meaning set forth in Section 2.1.

  • Inventory Formula Amount means the lesser of (i) 65% of the Value of Eligible Inventory; or (ii) 85% of the NOLV Percentage of the Value of Eligible Inventory.

  • Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.

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

  • 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.

  • Inventory Appraisal means (a) on the Closing Date, the appraisal prepared by Great American Group dated January 22, 2008 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraiser firm pursuant to Section 9.2(b).

  • 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.

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

  • 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:

  • 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.

  • 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.

  • 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.

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

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Borrowing Base Amount means:

  • Net salvage value means the salvage value of property retired less the cost of removal.

  • Net Value has the meaning set forth in Section 1.68(a)(ii).

  • Original Collateral Sale Price means JPY 6,399,647,993. Notwithstanding anything to the contrary in the Collateral Sale Agreement, the consideration for the Initial Charged Assets is the Issue Price of the Notes plus the entry into the Swap Agreement by the Issuer.

  • Inventory Reserve means reserves established by the Administrative Agent to reflect factors that may negatively impact the Value of Inventory, including change in salability, obsolescence, seasonality, theft, shrinkage, imbalance, change in composition or mix, markdowns and vendor chargebacks.

  • Book Value means, with respect to any Asset and any Liability Assumed, the dollar amount thereof stated on the Accounting Records of the Failed Bank. The Book Value of any item shall be determined as of Bank Closing after adjustments made by the Receiver for differences in accounts, suspense items, unposted debits and credits, and other similar adjustments or corrections and for setoffs, whether voluntary or involuntary. The Book Value of a Subsidiary of the Failed Bank acquired by the Assuming Institution shall be determined from the investment in subsidiary and related accounts on the "bank only" (unconsolidated) balance sheet of the Failed Bank based on the equity method of accounting. Without limiting the generality of the foregoing, (i) the Book Value of a Liability Assumed shall include all accrued and unpaid interest thereon as of Bank Closing, and (ii) the Book Value of a Loan shall reflect adjustments for earned interest, or unearned interest (as it relates to the "rule of 78s" or add-on- interest loans, as applicable), if any, as of Bank Closing, adjustments for the portion of earned or unearned loan-related credit life and/or disability insurance premiums, if any, attributable to the Failed Bank as of Bank Closing, and adjustments for Failed Bank Advances, if any, in each case as determined for financial reporting purposes. The Book Value of an Asset shall not include any adjustment for loan premiums, discounts or any related deferred income, fees or expenses, or general or specific reserves on the Accounting Records of the Failed Bank. For Shared-Loss Securities, Book Value means the value of the security provided in the Information Package.

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Level in respect of such day.

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Added value means that the Contractor performs subcontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract requirements, coordinating deliveries, performing quality assurance functions).

  • 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.

  • Borrowing Base Value means, with respect to any Oil and Gas Property of a Credit Party or any Swap Agreement in respect of commodities, the value the Administrative Agent attributed to such asset in connection with the most recent determination of the Borrowing Base as confirmed by Required Lenders.

  • Casualty Value means the market value of the Equipment at the end of the Term or when in relation to a Total Loss, the market value the Equipment would have had at the end of the Term but for the Total Loss. The Casualty Value may be less than but will not be more than the original purchase price of the Equipment.