{"component": "definition", "props": {"groups": [{"size": 9, "samples": [{"hash": "3nPdMd4X8Sy", "uri": "/contracts/3nPdMd4X8Sy#inventory-amount", "label": "Asset Purchase Agreement (Journey Medical Corp)", "score": 32.8056144714, "published": true}, {"hash": "1rJv9Z5Ilkz", "uri": "/contracts/1rJv9Z5Ilkz#inventory-amount", "label": "Asset Purchase Agreement (Journey Medical Corp)", "score": 32.8056144714, "published": true}, {"hash": "jSBs27TH7sj", "uri": "/contracts/jSBs27TH7sj#inventory-amount", "label": "Asset Purchase Agreement (Journey Medical Corp)", "score": 32.6687202454, "published": true}], "snippet": "shall have the meaning set forth in Section 4.2.", "snippet_links": [{"key": "section-42", "type": "clause", "offset": [36, 47]}], "hash": "e50f64b4ef8eef0836dd828e11957493", "id": 1}, {"size": 6, "samples": [{"hash": "1wiCdmx0Sbx", "uri": "/contracts/1wiCdmx0Sbx#inventory-amount", "label": "Share and Asset Purchase Agreement (Huntsman International LLC)", "score": 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{"key": "the-inventory", "type": "clause", "offset": [41, 54]}, {"key": "in-accordance-with", "type": "definition", "offset": [70, 88]}, {"key": "past-practice", "type": "clause", "offset": [131, 144]}, {"key": "calculating-the", "type": "clause", "offset": [173, 188]}, {"key": "the-financial-statements", "type": "definition", "offset": [269, 293]}], "hash": "b0d23308b64adc23edf723f8a03bbebf", "id": 7}, {"size": 3, "samples": [{"hash": "19uEBiLPFHO", "uri": "/contracts/19uEBiLPFHO#inventory-amount", "label": "Credit Agreement (Donnkenny Inc)", "score": 18.0, "published": true}], "snippet": "means, during any month, the amount set forth below as corresponds to such amount: Month Inventory Amount ----- ---------------- February 1999 $13,500,000 March 1999 12,300,000 April 1999 12,600,000 May 1999 14,500,000 June 1999 14,200,000 July 1999 14,700,000 August 1999 17,600,000 September 1999 16,800,000 October 1999 14,100,000 Month Inventory Amount ----- ---------------- November 1999 14,000,000 December 1999 13,700,000 January 2000 13,500,000 February 2000 13,500,000 March 2000 12,300,000", "snippet_links": [{"key": "december-1999", "type": "clause", "offset": [405, 418]}], "hash": "845f46fb22d2573b3afae6327ed543f6", "id": 8}, {"size": 2, "samples": [{"hash": "9Vl1dDEDsFE", "uri": "/contracts/9Vl1dDEDsFE#inventory-amount", "label": "Stock Purchase Agreement", "score": 30.3408622742, "published": true}, {"hash": "8qUqHvRZuQ1", "uri": "/contracts/8qUqHvRZuQ1#inventory-amount", "label": "Stock Purchase Agreement (Viavi Solutions Inc.)", "score": 29.0876121521, "published": true}], "snippet": "means the physical count of inventory of the Conveyed Entities, as rolled forward or backward from the date of the account, so as to be the amount of inventory of the Conveyed Entities existing as of 11:59 P.M. on the date immediately prior to the Closing Date, as agreed to by the Sellers and Buyer in accordance with this Section 2.3(j). If the Sellers and Buyer agree on such count, the Inventory Amount, as so agreed, shall be used by the Sellers for purposes of determining the Estimated Closing Date Net Working Capital and by the Parties for purposes of determining Closing Date Net Working Capital for purposes of the Purchase Price Adjustment Statement. If the Sellers and Buyer cannot agree on the results of such count, the Sellers shall use their calculation of the Inventory Amount for purposes of determining the Estimated Closing Date Net Working Capital and Buyer shall use its calculation of the Inventory Amount for purposes of determining Closing Date Net Working Capital for purposes of the Purchase Price Adjustment Statement, and any disputes shall then be settled by the Accounting Expert in accordance with Section 2.3(e).", "snippet_links": [{"key": "physical-count-of-inventory", "type": "clause", "offset": [10, 37]}, {"key": "conveyed-entities", "type": "definition", "offset": [45, 62]}, {"key": "date-of", "type": "clause", "offset": [103, 110]}, {"key": "prior-to-the-closing-date", "type": "clause", "offset": [235, 260]}, {"key": "sellers-and-buyer", "type": "clause", "offset": [282, 299]}, {"key": "in-accordance-with", "type": "definition", "offset": [300, 318]}, {"key": "the-inventory", "type": "clause", "offset": [386, 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"snippet_links": [{"key": "exhibit-e", "type": "definition", "offset": [36, 45]}], "hash": "d63cdb63f24a7e9a66f1b45a2812deb6", "id": 10}], "next_curs": "Cl0SV2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjkLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIZaW52ZW50b3J5LWFtb3VudCMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"size": 89, "title": "Inventory Amount", "snippet": "shall have the meaning set forth in Section 4.2.", "id": "inventory-amount", "examples": ["Should the <strong>Inventory Amount</strong> at the time of Closing exceed the Average Inventory, the Purchase Price shall be adjusted upward accordingly and shall be payable at Closing.", "If Buyer fails to deliver such written notice within such 30-day period, Seller\u2019s calculation of the Closing <strong>Inventory Amount</strong> shall be the Final <strong>Inventory Amount</strong>, which shall be binding upon the parties.", "Should the <strong>Inventory Amount</strong> at the time of Closing be less than the Average Inventory, the Purchase Price shall be adjusted downward accordingly and shall be payable at Closing.", "On the date which is at least three (3) Business Days prior to the Completion Date, the Seller shall provide to the Purchaser a bona fide written estimate of the Estimated Debt-Like Items Amount, the Estimated Net Intercompany Amount, the Estimated <strong>Inventory Amount</strong> and the Estimated Working Capital Amount in the form of an Estimated Net Intercompany Statement, an Estimated Debt-Like Items Statement, an Estimated Inventory Statement and an Estimated Working Capital Statement.", "If BioMarin objects to the Inventory Statement, then BioMarin shall deliver to Merck Serono a statement setting forth its objections to the calculation of the <strong>Inventory Amount</strong> in reasonable detail and stating BioMarin\u2019s calculation of the amount believed by BioMarin in good faith to be the correct calculation of the <strong>Inventory Amount</strong>.", "The volume and description of the EDS Inventory used as the basis for preparing the Estimated <strong>Inventory Amount</strong> shall be based on the most recent month prior to Completion for which figures are available and as may be adjusted by the Seller in good faith to take account of any expected variations between the date of such stock-take and the expected Completion Date.", "For clarity, Seller is not required to invoice Buyer for the payment of the <strong>Inventory Amount</strong>.", "Upon receipt, BioMarin or any Affiliate of BioMarin shall make a cash payment to Merck Serono in an amount equal to the <strong>Inventory Amount</strong> (the \u201cInventory Payment\u201d) within [*] Business Days after BioMarin\u2019s receipt of the Inventory Statement.", "The Seller shall prepare, and shall furnish to the Buyer on the Business Day prior to the Closing Date, a certificate, executed by the Chief Financial Officer of the Seller, that sets forth the aggregate cost of such work-in-process and finished goods inventory calculated in accordance with Exhibit E (the &quot;Work-in-Process and Finished Goods <strong>Inventory Amount</strong>&quot;) and that sets forth the book value of such work-in-process and finished goods inventory calculated in accordance with GAAP.", "The Seller shall prepare, and shall furnish to the Buyer on June 30, 2001, a certificate, executed by the Chief Financial Officer of the Seller, that sets forth the aggregate cost of such raw materials and supply inventory calculated in accordance with Exhibit E (the &quot;Raw Materials and Supply <strong>Inventory Amount</strong>&quot;) and that sets forth the book value of such raw materials and supply inventory calculated in accordance with GAAP."], "related": [["inventory-value", "Inventory Value", "Inventory Value"], ["inventory-formula-amount", "Inventory Formula Amount", "Inventory Formula Amount"], ["excess-inventory", "Excess Inventory", "Excess Inventory"], ["inventory-advance-rate", "Inventory Advance Rate", "Inventory 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