Closing Date Inventory Amount definition

Closing Date Inventory Amount means the value of the Business Inventory set forth on the Closing Date Statement.
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Closing Date Inventory Amount has the meaning set forth in Section ----------------------------- ------- 2.6(b) (Purchase Price--Inventory Adjustment). ------
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Closing Date Inventory Amount is an amount calculated on Schedule 1.7, which is equal to (i) the per item amount for each stock-keeping unit (“SKU”) of Inventory (together with cartons and inserts) multiplied by (ii) the relevant amounts of each SKU of Inventory owned by Seller at the Closing Date, which are set forth on the Inventory List.
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Examples of Closing Date Inventory Amount in a sentence

  • The calculation of the Estimated Closing Date Inventory Amount will be prepared in accordance with the Accounting Protocol and will be subject to Purchaser’s written consent, not to be unreasonably withheld, conditioned or delayed.

  • The Purchase Price shall be adjusted in accordance with Section 2.7(e) based on the difference between the Closing Date Inventory Amount and the Closing Date Accounts Receivable Amount.

  • Ministers acknowledged the Finance Ministers' statement on the importance of an orderly readjustment of global imbalances in a way that sustains strong regional and global economic growth, and the shared responsibility that APEC economies have in bringing this about.

  • In furtherance of the distribution arrangements set forth in Section 5.3 of this Agreement, Seller shall be entitled to withhold and retain an amount equal to the Closing Date Inventory Amount from the Net Distributable Profits arising from sales of the Products during the Transition Period, in accordance with Section 5.3(d).

  • Management Systems and Procedures Recipient organizations are expected to have systems, policies, and procedures in place by which they manage funds and activities.

  • All parts of the starshade must be either fully opaque or fully transmitting.

  • Purchaser and Company shall agree on the Closing Date Inventory Amount as set forth on the Closing Date Inventory Statement no later than one (1) Business Day prior to the Closing Date.

  • Any Notice of Disagreement shall specify whether Company disagrees with the Closing Date Inventory Amount and/or the Closing Date Accounts Receivable Amount and the basis for such disagreement in reasonable detail.

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  • The laboratory safety committee should ensure that national and international standards are met and maintained and staff are aware of their responsibilities relating to H&S.There should be Health and Safety procedure in place that includes:1.


More Definitions of Closing Date Inventory Amount

Closing Date Inventory Amount means the book value of the Bars Inventory as of the Closing Date.
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Closing Date Inventory Amount has the meaning set forth in clause 7.2.3.
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Closing Date Inventory Amount means (1) if Purchaser ----------------------------- has no objections as aforesaid or fails to object to the valuation in writing to ComEd within the required thirty-day period, the aggregate valuation of the Fuels Inventory and the Other Inventories as determined by ComEd, or (2) if Purchaser objects as and when provided in subparagraph (ii) above, such aggregate valuation as adjusted to reflect the resolution of any such objections as provided in subparagraph (ii) above and the term "DETERMINATION DATE" means ------------------ the date on which such Closing Date Inventory Amount is so determined.
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Closing Date Inventory Amount means the aggregate amount of the Inventory as of the Closing Date, net of reserves as of the Closing Date, in each case as determined in accordance with the Calculation Principles.
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Closing Date Inventory Amount means (1) if Purchaser ----------------------------- has no objections as aforesaid or fails to object to the valuation in writing to ComEd within the required thirty-day period, the aggregate valuation of the Fuels Inventory and the Other Inventories as determined by ComEd, or (2) if Purchaser objects as and when provided in subparagraph (ii) above, such aggregate valuation as adjusted to reflect the resolution of any such objections as provided in subparagraph (ii) above and the term "Determination Date" means ------------------ the date on which such Closing Date Inventory Amount is so determined.
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Related to Closing Date Inventory Amount

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

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

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

  • Closing Balance Sheet has the meaning set forth in Section 2.4(a).

  • Closing Date Cash has the meaning specified in Section 3.4(a).

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

  • Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.

  • Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).

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

  • Closing Cash Amount has the meaning set forth in Section 2.2.

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

  • Closing Cash means the amount of Cash determined as of the close of business on the Closing Date.

  • Estimated Closing Indebtedness has the meaning set forth in Section 2.3(a).

  • Closing Date Business Plan means the set of Projections of Borrowers for the 3 year period following the Closing Date (on a year by year basis, and for the 1 year period following the Closing Date, on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

  • Borrowing Base Amount means, as of any date, an amount equal to the sum of:

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Closing Date Indebtedness means the aggregate amount of all Indebtedness of the Company Group as of the time of Closing (other than any Indebtedness included in Holder Expenses).

  • Closing Amount has the meaning set forth in Section 2.2(a).

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Preliminary Closing Balance Sheet shall have the meaning set forth in Section 2.3(c)(i).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

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

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

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