Inventory Valuation definition

Inventory Valuation means the value of the Inventory as determined in accordance with Section 3.2 hereof.

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Inventory Valuation has the meaning set forth in Section 1.2(b).

Inventory Valuation refers to the final Initial Inventory Valuation as agreed by the parties or as determined by the Independent Accounting Firm. Under no circumstances shall the Inventory Valuation under this Agreement include: (i) any obsolete or other non-saleable Direct Material Inventory; or (ii) any Excess Direct Material Inventory. “Excess Direct Material Inventory” shall mean any Inventory held for service parts in excess of reasonable amounts needed for projects that have been terminated or will be terminated within one (1) year of the Closing which exceed the Inventory necessary to complete any such project, as reasonably determined by Seller consistent with current customer forecasts and historical requirements and agreed by Purchaser (such agreement not to be unreasonably withheld).

Examples of Inventory Valuation in a sentence

Within thirty-five (35) days after the end of each fiscal quarter, a Borrowing Base Certificate, with respect to the Inventory Valuation Date occurring on the last day of such fiscal quarter.
Within thirty-five (35) days after the end of each calendar month (without regard to whether the provisions of Sections 2.01.3 and 7.03 are then applicable), a Borrowing Base Certificate, with respect to the Inventory Valuation Date occurring on the last day of such calendar month.
Inventory Valuation Inventories are stated at the lower of cost or market.
Toppan shall calculate the Inventory’s valuation using the same methodology it used to calculate the Target Inventory Valuation.
The price to be paid for the Marketing Inventory and Merchandise (the "MARKETING INVENTORY PRICE") shall be calculated in accordance with the "Marketing Inventory Valuation Protocol" as set forth in Attachment 9.

More Definitions of Inventory Valuation

Inventory Valuation means the value of the Inventory as of the time the Inventory is counted under Section 2.06(a), calculated in accordance with Section 2.06(a) (subject to adjustment under Section 2.06(c)).

Inventory Valuation means the manner in which inventory is to be valued as set forth on Schedule 4.4(a).

Inventory Valuation means the inventory valuation arrived at by the Vendors and the Purchasers based on the results of the joint stocktake of the inventories and the related accounts of the Vendors “IP Rights Assignment Deed” the deed of assignment of intellectual property rights in the agreed form to be entered into between the Vendors and Yip’s Coatings on the Completion Date “Licensed Trademarks” the Trademarks registered with 國家工商行政管理總局商標局 (the Trademark Office of the State Administration for Industry and commerce of the PRC# ) the Macau Intellectual Property Office of the Economic Bureau

Inventory Valuation means the value of Inventory as determined by the amount of the original Pawn Loan upon which the item was acquired, shorter term loan upon which the item was acquired or the invoice amount from a third-party seller.

Inventory Valuation shall have the meaning ascribed thereto in Section 3.2 hereof.

Inventory Valuation. VERIFICATION PROCEDURES" shall have the meaning set forth in Section 2.4C.

Inventory Valuation as of the Closing Date ($10,000); and 2. deduct accrued bonuses ($22,500); 3. deduct "current installments of long-term debt"; 4. eliminate all intercompany payables; 5. deduct purchase price of the Philadelphia shredder ($63,137.99); 6. deduct debt on Illinois vehicle VIN# IGCEC14W2V2182093 ($10,136.27); 7. deduct estimated 1997 North Carolina state income taxes in the amount of $75,000 ("1997 Estimated Tax"); 8. deduct $250,000; and 9. deduct $51,500.