Inventory Cost definition

Inventory Cost. As determined by Lender, the lesser of (a) cost of Eligible Inventory or Eligible In-Transit Inventory, as applicable, computed in accordance with GAAP, or (b) the market value of Eligible Inventory or Eligible In-Transit Inventory, as applicable, as established by a third party valuation firm acceptable to Lender.

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Inventory Cost means the cost of INVENTORY to the BORROWER when computed in accordance with GAAP.

Inventory Cost means ▇▇▇▇▇▇▇▇’ landed costs for its inventory as recorded in its books of account as of the Closing Date, inclusive of net invoice cost, freight, duty and other direct costs, taxes, and assessments, all on a basis consistent with ▇▇▇▇▇▇▇▇’ past practice.

Examples of Inventory Cost in a sentence

• If, however, the Pre-Closing Inventory Cost exceeds the Closing Inventory Cost, then Retrophin shall pay Asklepion an amount equal to such excess within three (3) Business Days after date on which the Closing Inventory Cost is determined to be final.

• The Independent Accounting Firm shall issue a written statement as to its resolutions of any outstanding objections to the Inventory Notice or the determination of the Closing Inventory Cost, which determination and the Inventory Notice shall be determined to be final and binding on Retrophin and Asklepion.

• After validation, which shall not excess [ * * * ], Customer shall purchase the Aged Inventory at a price equal to the Affected Inventory Cost.

• If the Parties shall be unable to resolve any objections to the Inventory Notice or the determination of the Closing Inventory Cost, then either Retrophin or Asklepion shall be permitted, at its sole cost or expense, to submit any remaining objections to the Independent Accounting Firm for resolution within ten days after engagement.

• As of the Closing, Collegium will have sufficient cash available to pay the Transferred Inventory Cost, the Upfront Payment and the Collegium Prepaid Business Expense Allocation on the terms and conditions contemplated by this Agreement.

More Definitions of Inventory Cost

Inventory Cost means the specific and direct manufacturing or procurement cost to Medafor associated with the manufacturing or procurement of such inventory (but shall not include overhead, markup or carrying costs).

Inventory Cost means, as determined by Lender, the lesser of (a) cost of Eligible Inventory, as applicable, computed on a first-in-first-out basis in accordance with GAAP, or (b) market value, as determined by Lender in a commercially reasonable manner, of Eligible Inventory.

Inventory Cost means the value of all Inventory as of the Closing Date determined in a manner consistent with the Prior Year Inventory Cost Reports, which shall take into account any obsolescence of the Inventory as of the Closing Date and be determined in a manner consistent with Seller’s current practice.

Inventory Cost means the cost of Inventory as of the Final Date, determined as set forth in Paragraph 2.6(a)(i) hereof. 18. "Knowledge" means, as to the Sellers, the actual knowledge of the President, Chief Financial Officer or any Senior Vice President of Sellers, of Arby's or Triarc (as hereinafter defined) or any Senior Vice President and the Vice President - Legal, Vice President - Franchise Services and Vice President - Development of Arby's or of any Divisional Vice President of Sellers or Arby's. 19. "Licenses" means collectively, (i) new Arby's license agreements, in the form of the "1002-080188-40 LA" license (the "Arby's Licenses"), wh▇▇▇ ▇▇▇▇▇ ▇▇ ▇xecuted and delivered by Arby's and Newco immediately following the Closing and shall remain in effect until such time as a new license agreement reasonably acceptable to Holdco (the "New Arby's License") becomes effective under applicable franchise laws, and thereafter, upon execution and delivery thereof, such New Arby's Licenses, and (ii) the new T.J. Cinnamons, ZuZu and P.T. Noodle's license agreements in the forms of Exhibits 1(a), 1(b) and 1(c) hereto, respectively (the "Multi-Brand Licenses"), between Newco and Arby's to be entered into immediately following the Closing and shall remain in effect until such time as a new license agreement reasonably acceptable to Holdco (also a "New Arby's License") becomes effective under applicable franchise laws, and thereafter, upon execution and delivery thereof, such New Arby's License. Arby's Licenses are being issued, and subsequent to the Closing New Arby's Licenses will, in accordance with Paragraph 5.12 hereof, be issued, for each of the Restaurants listed on Schedule 1(a) hereto. Multi-Brand Licenses are being issued for each of the Restaurants to the extent set forth on Schedule 1(b) hereto. The New Arby's Licenses issued to each Restaurant listed on Schedule 1(a) hereto shall provide for a term of twenty years minus the period such Restaurant operated under the "1002-080188-40 LA" form of license. 20. "Person" ▇▇▇▇▇ ▇▇▇ ▇▇dividual, corporation, trust, limited liability company, unincorporated organization, governmental authority or any other form of entity. 21. "Petty Cash" means the sum of the amounts set forth for ea▇▇ ▇▇staurant on Schedule 6 hereto.

Inventory Cost means (a) an amount equal to the product of $1.46 multiplied by the number of units of Product transferred plus (b) the agreed value of the 51,300 Discounted Units of $51,300, and (c) the agreed value of the 300 kgs of mirtazapine of $213,750.

Inventory Cost shall have the meaning set forth in Section 8.2(b).

Inventory Cost means, with respect to any Inventory, Seller's actual cost of acquiring such Inventory.