Closing Statement of Inventories definition

Closing Statement of Inventories means the Statement of Inventories prepared by the Seller setting forth the amount of Inventories, net of reserves, of the Business as of 5:30 p.m. EST on the date of the Closing, which Inventories, for purposes of the Closing Statement of Inventories, the Preliminary Net Working Capital Balance and the Final Net Working Capital Balance shall be determined in accordance with the rules set forth in Exhibit A attached hereto.
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Examples of Closing Statement of Inventories in a sentence

  • On the day immediately following the date of the Closing, the Seller shall deliver to the Purchaser the Closing Statement of Inventories.

Related to Closing Statement of Inventories

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

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

  • 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).

  • 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.

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

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

  • Billing Statement means the billing statement for your Account.

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

  • Preliminary Closing Statement has the meaning specified in Section 2.3(a)(ii).

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

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

  • Operating Statement Analysis Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Seller Financial Statements has the meaning set forth in Section 3.5(a).

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

  • Buyer Financial Statements shall have the meaning set forth in Section 4.6.

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

  • CMSA Operating Statement Analysis Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Operating Statement Analysis Report" available as of the Closing Date on the CMSA Website or in such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage-backed securities transactions generally.

  • Interim Statements is defined in Section 3.3.

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

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

  • CREFC® Operating Statement Analysis Report The monthly report in the “Operating Statement Analysis Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Purchaser Financial Statements shall have the meaning specified in Section 4.8.1.

  • Auditor’s Report means the auditor’s report on the Financial Report; “AEDT” means Australian Eastern Daylight Time.

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