Raw Materials Amount definition

Raw Materials Amount means, as to all Inventories other than finished goods inventories of tires and in-process inventories, (A) the product of (i) the inventory item (or, as applicable, volume) count of such Inventories and (ii) the Raw Materials Standard Cost assigned by Goodyear to each such item as of the Closing Date, plus (B) valuations, determined as of the Closing Date in accordance with the past practices of Goodyear, for variances related thereto.
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Examples of Raw Materials Amount in a sentence

  • At the three month anniversary of the Closing Date, Purchaser shall purchase any and all remaining raw materials inventory held by Sellers pursuant to this subparagraph (c)(i) at the actual cost valuation for such raw materials inventory reflected in the Closing Date Raw Materials Amount.

  • From the Closing Date until the three month anniversary of the Closing Date, Purchaser shall purchase from Sellers and Sellers shall sell to Purchaser (without representation or warranty, either express or implied), such amount of Purchaser's raw materials inventory requirements as Purchaser shall request, at the actual cost valuation for such raw materials inventory reflected in the Closing Date Raw Materials Amount.

  • As soon as practicable but in no event later than 30 days following the Closing Date, Purchaser shall deliver to Sellers a statement (the "Closing Inventory Statement") stating the amount of raw materials (the "Closing Date Raw Materials Amount") and finished goods inventory included in Inventory on the close of business as of the Closing Date (the "Closing Inventory Amount"), which statement shall be prepared as described herein.