Target Inventory Value definition
Target Inventory Value means, with respect to an Inventory Category, the product of the Target Inventory Level for that category and the price per unit for that category as indicated on Schedule A hereto.
Target Inventory Value means an aggregate Inventory Value of $225,000,000.
Target Inventory Value shall be an amount of € 44,000,000 (in words: Forty-four Million Euros); and
Examples of Target Inventory Value in a sentence
If the Management Inventory Value is less than the Target Inventory Value in excess of 5%, Seller shall pay Buyer the difference between the Management Inventory Value and Target Inventory Value within 25 days of the Agreement Date.
If the Management Inventory Value exceeds the Target Inventory Value in excess of 5%, Buyer shall pay Seller the difference between the Management Inventory Value and Target Inventory Value within 25 days of the Agreement Date.
In the event that the Management Inventory Value is within 5% of the Target Inventory Value, no payment shall be due to Buyer or Seller relating to the same.
More Definitions of Target Inventory Value
Target Inventory Value means $4,500,000.00.
Target Inventory Value means the Target Fuel Inventory Value plus the Target Spare Parts Inventory Value.
Target Inventory Value means $8,800,000.
Target Inventory Value means $11,199,681.00.
Target Inventory Value means $750,000.00.
Target Inventory Value means $51,500,000.
Target Inventory Value means [***].