Closing Inventory Value definition

Closing Inventory Value has the meaning specified in Section 3.1(c)(iv).

Closing Inventory Value has the meaning set forth in Section 2.06(b).

Closing Inventory Value. Closing Inventory Value" shall mean the Inventory Value as of the Effective Time of Closing.

Examples of Closing Inventory Value in a sentence

• If Seller does not deliver a Statement of Objections before the expiration of the Review Period, the Post-Closing Adjustment reflected in the Closing Inventory Value Statement shall be deemed to have been accepted by Seller.

• After receipt of the Closing Inventory Value Statement, Seller shall have 20 days (the "Review Period") to review the Closing Inventory Value Statement.

• On or prior to the last day of the Review Period, Seller may object to the Closing Inventory Value Statement by delivering to Buyer a written statement setting forth Seller's objections in reasonable detail, indicating each disputed item or amount and the basis for Seller's disagreement therewith (the "Statement of Objections").

• However, to run such a model for 1 simulated hour, it would take 13 hours on 300 computer nodes, costing about EUR 100,000 per simulated day (Costa-Surós et al.

• If the Total Closing Inventory Value set forth on the Closing Statement is greater than $65,000,000, Buyer and Lucky shall (within three (3) Business Days of delivery of the Closing Statement) deliver joint written instructions to the Escrow Agent instructing the Escrow Agent to promptly release to Sellers an amount out of the Holdback from the Holdback Account such that the remaining balance of the Holdback Account following such release is equal to $7,000,000.

More Definitions of Closing Inventory Value

Closing Inventory Value shall have the meaning ascribed to it in Section 2.4(c)(i) hereof.

Closing Inventory Value means the value of the Inventory as determined in accordance with Section 2.3(a).

Closing Inventory Value means the value of the Finished Inventory as of the Closing Date that has at least 32 months of shelf life remaining as of the Closing Date, determined in accordance with Schedule 1.1.1.

Closing Inventory Value means $1,235,260.28 which is the value of the Inventory owned by Seller and related to the Business, excluding Obsolete Inventory, at Seller’s cost, as of the Closing Date, as set forth on Schedule C hereto.

Closing Inventory Value has the meaning set forth in Section 1.5(c).

Closing Inventory Value means the value at Closing of the Inventory of the Business (but not excluding the Excluded Inventory), with such Inventory to be valued prior to Closing as set forth on Schedule 1.1(a) hereto, as updated to reflect changes in Inventory between the date on which such valuation was completed and the Closing Date.

Closing Inventory Value means the sum of (A) the Fuel Inventory, (B) the value of the food service inventory which will be counted on the day prior to the Closing Date and will be based on the value of the most current invoice cost and (C) the value of the Inventory (other than the Fuel Inventory and the food service inventory) determined by Seller and the Buyer on the date that is five (5) days prior to the Closing Date based upon (i) the value of the Inventory (other than the Fuel Inventory and the food service inventory) set forth on Seller’s perpetual inventory for the Business, plus (ii) the value of the supplies inventory at the Closing equal to the average monthly expense incurred by Seller for such supplies inventory for the twelve (12) calendar months immediately prior to the Closing Date, plus (iii) an amount equal to $200 in the cash drawer at each Property other than the CODO Property and the DODO Properties.