Closing Inventory Report definition

Closing Inventory Report means an Inventory Report dated as of the Closing Date.
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Closing Inventory Report means a report prepared by Seller setting forth the value of the worldwide Inventory at standard cost as of the Closing Date determined in accordance with Seller's written standard accounting practices as consistently applied on an historical basis including reserves determined in accordance with generally accepted accounting principles.
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Closing Inventory Report means an Inventory Report with respect to each Power Block and the Common Facilities dated not earlier than three (3) days prior to the Closing Date.
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Examples of Closing Inventory Report in a sentence

  • In connection with preparation of the Closing Inventory Report by Buyer, Buyer and Buyer's representatives shall be provided with all of Seller's records pertaining to the Inventory.

  • All the managers and supervisors at the five factories investigated were male.

  • Seller may dispute any amount reflected on the Closing Inventory Report by written notice delivered to Buyer within 10 business days of Seller's receipt of the Closing Inventory Report, specifying each disputed item, the amount thereof and the basis on which such dispute is made, but only on the basis that such amount was not arrived at on a basis consistent with the methods, policies and procedures described in this Section 1.4(b), or resulted from mechanical errors of computation.

  • Subject to Section 1.4(b)(iv)(A), the Closing Inventory Report delivered by Buyer to Seller shall be final, binding and conclusive on the parties hereto except to the extent that there are any manifest errors with respect to the Inventory, in which case the Closing Inventory Report shall be adjusted accordingly following the agreement of Buyer and Seller as to the amount of such errors and the effect that such errors will have on the calculations made pursuant to this Section 1.4(b).

  • ASA will typically receive compensation from the insurance company.

  • If the Purchaser does not give a notice of disagreement in accordance with Section 3.2.2, the Purchaser shall be deemed to have accepted the draft Closing Inventory Report, which shall be final and binding on the Parties and the draft calculation of the Closing Inventory Report shall constitute the book value of the Inventories for the purposes of this Agreement immediately following the expiry date for the giving of such notice of disagreement.

  • The Purchaser may, immediately after the Closing, proceed to conduct an inventory count of the Inventories along with other procedures used in the verification of the draft Closing Inventory Report.

  • The results of the Physical Inventory Count shall be set forth in an inventory report, which shall set forth the aggregate value of such Inventories as of the Closing Date, including appropriate roll-forward and roll-back adjustments to physical counts made during such period (the "Closing Inventory Report").

  • If the Purchaser disagrees with the calculation of the draft Closing Inventory Report prepared pursuant to Section 3.2.1, it shall give notice to the Vendor of such disagreement, whether oral or written (which shall be deemed to be received immediately upon delivery of such notice to Vendor), no later than three (3) Business Days after delivery of the draft Closing Inventory Report.

  • Crowley reported that the Audit Committee met on April 9, 2015, at 6:00 p.m., at District Office to review the Internal Risk Assessment Report.


More Definitions of Closing Inventory Report

Closing Inventory Report has the meaning ascribed to such term in Section 4.03(b)(1) of this Agreement.
Sample 1
Closing Inventory Report means the report of the book value of the Inventories as of 12:01 a.m. on the Closing Date prepared in accordance with generally accepted accounting principles, consistently applied;
Sample 1

Related to Closing Inventory Report

  • 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).

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

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

  • Final Closing Statement has the meaning set forth in Section 2.5(d).

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

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

  • 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.

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

  • Closing Location means the location that all Proposals for this RFP will be accepted at.

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

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

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

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

  • MI Report means a report containing Management Information submitted to the Authority in accordance with Framework Schedule 8 (Management Information);

  • Phase I Report means, with respect to any Facility, a report that (i) conforms to the ASTM Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process, E 1527, (ii) was conducted no more than six months prior to the date such report is required to be delivered hereunder, by one or more environmental consulting firms reasonably satisfactory to Administrative Agent, (iii) includes an assessment of asbestos-containing materials at such Facility, (iv) is accompanied by (a) an estimate of the reasonable worst-case cost of investigating and remediating any Hazardous Materials Activity identified in the Phase I Report as giving rise to an actual or potential material violation of any Environmental Law or as presenting a material risk of giving rise to a material Environmental Claim, and (b) a current compliance audit setting forth an assessment of Holdings’, its Subsidiaries’ and such Facility’s current and past compliance with Environmental Laws and an estimate of the cost of rectifying any non-compliance with current Environmental Laws identified therein and the cost of compliance with reasonably anticipated future Environmental Laws identified therein.

  • MERS Report The report from the MERS System listing MERS Designated Mortgage Loans and other information.

  • 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).

  • Closing Date Financial Statements has the meaning set forth in Section 2.3(a)(i).

  • Closing Date Statement has the meaning set forth in Section 2.06(b).

  • Borrowing Base Report means a Borrowing Base Report for the Borrower signed by an Authorized Signatory of the Borrower and in substantially the form of Exhibit D attached hereto.

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

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

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

  • Earn-Out Statement has the meaning set forth in Section 2.5(c).