Imputed Inventory Value definition

Imputed Inventory Value means, at the Sellers' option, with respect to relevant items of raw material, either (a) the lower of current fair market value or the cost of acquisition of items of raw material, or (b) 88.5% of the cost of acquisition of items of raw material. The Seller shall choose a single option described above as to all relevant items.
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Related to Imputed Inventory Value

  • Inventory Value means the cost of property purchased by the trustee and the market value of other property at the time it became subject to the trust, but the trustee may use any value finally determined for the purposes of an estate or other transfer tax;

  • Transferred Inventory has the meaning set forth in Section 2.2(a)(iii).

  • Excluded Inventory has the meaning set forth in Section 2.2(b).

  • Adjusted Net Book Value means, as of any date of determination, with respect to each Adjusted Program Vehicle as of such date, the product of 0.965 and the Net Book Value of such Adjusted Program Vehicle as of such date.

  • Inventory Formula Amount means (i) the lesser of (x) 75% of the Value of Eligible Inventory and (y) 85% of the NOLV Percentage of the Value of Eligible Inventory plus (ii) the lesser of (x) the lesser of (1) 75% of the Value of Eligible In-Transit Inventory and (2) 85% of the NOLV Percentage of the Value of the Eligible In-Transit Inventory and (y) $10,000,000.