Parts Value definition
Examples of Parts Value in a sentence
The preparation of the Closing Statement shall be for the sole purpose of determining the difference between (i) the Closing Inventory Value and Estimated Inventory Value and (ii) Closing Spare Parts Value and the Estimated Spare Parts Value.
The Borrower and ▇▇▇▇▇ Fargo agree that the Borrowing Base Certificate submitted by the Borrower in connection with the closing of this Amendment and remaining in effect through July 6, 2009 (the “Initial Borrowing Base Certificate”), will be prepared using amounts for Eligible Receivables Value, Eligible Finished Goods Value, Eligible Parts Value and Eligible Raw Materials Value that the Borrower’s most-likely-case projections show will be in effect as of June 30, 2009.
As promptly as practicable thereafter, but no later than thirty (30) days after the Closing Date, Seller shall, at its expense, cause to be prepared and delivered to Purchaser a closing statement (the "Closing Statement") setting forth Seller's calculation, as of the end of business on the Closing Date, of (i) the Inventory Value (the "Closing Inventory Value") and (ii) Spare Parts Value (the "Closing Spare Parts Value") and for which reasonable supporting documentation and detail shall be provided.
Each Borrowing Base Certificate submitted after the Initial Borrowing Base Certificate will reflect the actual Eligible Receivables Value, Eligible Finished Goods Value, Eligible Parts Value and Eligible Raw Materials Value as of the date as of which it is prepared.