Net Inventory Value definition

Net Inventory Value means the Product Inventory Value less amount of the Accounts Payable as of the specified date.
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Net Inventory Value. ’ means inventories plus derivative financial assets (excluding any fair value of interest rate derivatives) minus derivative financial liabilities (excluding any fair value of interest rate derivatives) plus hedged firm commitments assets minus hedged firm commitments liabilities, as more specifically described in the Group’s most recent consolidated annual financial statements.
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Net Inventory Value means, as of any given date, the amount of the Owned Net Inventory, net of applicable provisions, determined in accordance with the Calculation Principles.
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Examples of Net Inventory Value in a sentence

  • Conversely, if the sum of the Final Closing Net Inventory Value and the amount of any check provided to Buyer with the Statement (if any) is more than $5,300,000, Buyer shall, within ten (10) business days after the determination of the Final Closing Net Inventory Value, deliver to Seller a check payable to Seller in the amount by which the sum of the Final Closing Net Inventory Value and the amount of any check provided to Buyer with the Statement (if any) exceeds $5,300,000.

  • For purposes of determining the Closing Net Inventory Value, the Inventory shall be valued in accordance with the methodology used by Seller in the preparation of the Financial Statements, including netting any reserve for excess or obsolete inventory against the gross inventory balance.

  • If the Statement as prepared by Seller reflects a Closing Net Inventory Value of less than $5,300,000, Seller shall include with the Statement a check payable to Buyer in the amount of the difference between $5,300,000 and the Closing Net Inventory Value.

  • On the Closing Date, the Seller shall calculate and shall certify to the Purchaser (i) the Net Inventory Value as of the Closing Date (the “Closing Net Inventory Value”) and (ii) the Net AR as of the Closing Date (the “Closing Net AR”).

  • If the Net Inventory Value is less than $3,800,000, Seller shall pay Buyer an amount equal to the difference.

  • If during the Resolution Period all disputes set forth in the Dispute Notice are resolved by Buyer and Seller, the determination of the Closing Net Inventory Value by Buyer and Seller shall be deemed the “Final Net Inventory Value”.

  • No later than ten (10) business days after the Closing Date, Seller shall provide Buyers with a final copy of Schedule 2, setting forth the Acquired Inventory, and Exhibit D, which shall include a statement of the Closing Date Net Inventory Value based on such Schedule 2.

  • If the Net Inventory Value is greater than $3,800,000, Buyer shall pay Seller an amount equal to the difference.

  • Unless Buyer gives written notice of its disagreement with the Statement (a "NOTICE OF DISAGREEMENT") to Seller prior to the twentieth (20th) day following delivery of the Statement, then (A) the Statement shall become final and binding upon such 20th day, and (B) if the Closing Net Inventory Value is more than $5,300,000, Buyer within five (5) business days thereafter will deliver to Seller a check payable to Seller in the amount by which the Closing Net Inventory Value exceeds $5,300,000.

  • If, within ten (10) business days of the date the Final Inventory Statement is delivered to Buyer, Buyer does not deliver to Seller a written notice stating that Buyer disputes the determination of the Closing Net Inventory Value set forth in the Final Inventory Statement and a reasonable description of the basis for such dispute (the “Dispute Notice”), the calculation of the Closing Net Inventory Value set forth in the Final Inventory Statement shall be deemed the “Final Net Inventory Value”.


More Definitions of Net Inventory Value

Net Inventory Value means, at any date (a) 85% of the book value of Inventory then pledged as Collateral minus (b) the Inventory First Lien Obligations Net Amount, each determined at such date.
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Net Inventory Value means the amount equal to (a) the gross inventory value of the Acquired Inventory as set forth on the books and records of the Seller, which have been maintained in accordance with GAAP, less (b) any inventory reserve balance set forth on such books and records.
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Net Inventory Value is defined in Section 2.3.
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Net Inventory Value means the value of the Inventory for the Business (net of reserves and accumulated depreciation) on the Closing Date and excluding consigned Inventory supplied to Seller by vendors. All of the above shall be computed in accordance with the first sentence of Section 2.3(a) and shall be subject to the further provisions of Schedule 2.3.
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Related to Net 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;

  • Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.

  • 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.

  • Consolidated Adjusted Net Worth means, as of any date of determination thereof, the Consolidated Net Worth less the total amount of all Restricted Investments in excess of 20% of Consolidated Net Worth, each as of such date of determination.

  • 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.