Inventory Revaluation definition

Inventory Revaluation means an adjustment (positive or negative) to Consolidated Adjusted EBITDA equal to the difference of (a) Consolidated EBITDA as determined in accordance with the “first-in-first-out” method of accounting minus (b) Consolidated Adjusted EBITDA as determined in accordance with the “replacement cost” method of accounting, computed by adjusting cost of sales to reflect the cost of raw material prices during the applicable period.
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Inventory Revaluation an adjustment (positive or negative) to EBITDA equal to the difference of (a) EBITDA as determined in accordance with the “first-in-first-out” method of accounting minus (b) EBITDA as determined in accordance with the “replacement cost” method of accounting, computed by adjusting cost of sales to reflect the cost of raw material prices during the applicable period.
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Inventory Revaluation means an adjustment (positive or negative) to Consolidated Adjusted EBITDA equal to the difference of
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Examples of Inventory Revaluation in a sentence

  • The "Inventory Revaluation Method" is defined as McDATA's payment to SSCI for the difference between the current component standard cost and the new quoted price for same components, multiplied by the quantity of on-hand and on-order (which cannot be adjusted) inventory received prior to purchase of components at the new price.

  • Product quotes (in the form set forth on Appendix 2) will be updated accordingly on a monthly basis provided McDATA agrees to SSCI's "Inventory Revaluation Method" for implementation of monthly component cost adjustments.

  • On or before five (5) business days prior to the end of each month, SCI shall provide pricing quotation schedules to McDATA on a monthly basis (in accordance with the "Inventory Revaluation Method" as defined in Section 5.5 below) for all Products, with stated cost reductions in accordance with Section 5.5 below.

  • On or before three (3) business days prior to the end of each month, SSCI shall provide pricing quotation schedules to McDATA on a monthly basis (in accordance with the "Inventory Revaluation Method" as defined in Section 5.5 below) for all Products, with stated cost reductions in accordance with Section 5.5 below.


More Definitions of Inventory Revaluation

Inventory Revaluation means an adjustment (positive or negative) to EBITDA equal to the difference of (a) EBITDA as determined in accordance with the “first-in-first-out” method of accounting minus (b) EBITDA as determined in accordance with the “replacement cost” method of accounting, computed by adjusting cost of sales to reflect the cost of raw material prices during the applicable period.
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Inventory Revaluation means an adjustment (positive or negative) to Consolidated Adjusted EBITDA equal to the difference of (a) Consolidated EBITDA as determined in accordance with the “first-in-first-out” method of accounting minus (b)
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Related to Inventory Revaluation

  • Inventory Reserves means such reserves as may be established from time to time by the Administrative Agent, in its reasonable commercial discretion exercised in good faith and not inconsistent with past practice, with respect to changes in the determination of the salability, of the Eligible Inventory (or Eligible In-Transit Inventory, as the case may be) or which reflect such other factors as negatively affect the market value of the Eligible Inventory, but without duplication of any Tax Stamp Reserves.

  • Inventory Reserve means reserves established by the Administrative Agent to reflect factors that may negatively impact the Value of Inventory, including change in salability, obsolescence, seasonality, theft, shrinkage, imbalance, change in composition or mix, markdowns and vendor chargebacks.

  • 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;

  • Revaluation Date means with respect to any Letter of Credit, each of the following: (a) each date of issuance of a Letter of Credit denominated in an Alternative Currency, (b) each date of an amendment or extension of any such Letter of Credit and (c) each date of any payment by the applicable L/C Issuer under any Letter of Credit denominated in an Alternative Currency.

  • Eligible Finished Goods Inventory means Inventory that qualifies as Eligible Inventory and consists of first quality finished goods held for sale in the ordinary course of Borrowers’ business.