Inventory Payment Sample Clauses

Inventory Payment. On one or more occasions, on a country per country basis at any time, but in any event within [*] Business Days after the applicable Transfer Approval Date, Merck Serono will deliver to BioMarin a statement (each one the “Inventory Statement”) setting forth the Inventory Amount. For clarification purposes, Merck Serono may prepare a partial Inventory Statement before an applicable Transfer Approval Date and/or aggregate the Inventory of several countries into a single Inventory Statement for delivery when efficient for both Parties. After delivery of the Inventory Statement, BioMarin shall be permitted reasonable access to review Merck Serono’s financial records used to prepare the Inventory Statement. Upon receipt, BioMarin or any Affiliate of BioMarin shall make a cash payment to Merck Serono in an amount equal to the Inventory Amount (the “Inventory Payment”) within [*] Business Days after BioMarin’s receipt of the Inventory Statement. If BioMarin objects to the Inventory Statement, then BioMarin shall deliver to Merck Serono a statement setting forth its objections to the calculation of the Inventory Amount in reasonable detail and stating BioMarin’s calculation of the amount believed by BioMarin in good faith to be the correct calculation of the Inventory Amount. If BioMarin does not deliver such a statement within [*] Business Days after delivery of the Inventory Statement, the Inventory Statement shall be final, binding and non-appealable by the Parties. If BioMarin timely delivers such a statement and Merck Serono does not agree with BioMarin’s calculation, then [*].
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Inventory Payment. Company shall pay to Amgen, within [*] after receipt of the two (2) Product Lots delivered pursuant to Section 5.4 (Product Supply), each of which shall meet the quality requirements for such Product Lots set forth in the Quality Agreement, a non-refundable, non-creditable inventory payment of [*] (it being agreed and understood by the Parties that no such inventory payment shall be due and payable if Amgen fails to deliver both Product Lots as contemplated hereunder).
Inventory Payment. Subject to the terms and conditions of this Agreement, Purchaser will pay to Bayer an amount equal to Bayer’s Fully Loaded Standard Cost or such other amount based on Bayer’s Fully Loaded Standard Cost to be mutually agreed between the parties of all Transferred Inventory at the time such Transferred Inventory is transferred to Purchaser (such amount determined in accordance with the Inventory Agreement). It is agreed that the timing of payment and the timing of transfer of inventory title may be varied by country by mutual agreement of the parties.
Inventory Payment. Purchaser will pay to Spectrum, for Inventory purchased pursuant to the Supply Agreement, an amount determined in accordance therewith.
Inventory Payment. All inventory shall be transferred to IDW at Closing and all transferred inventory shall be tracked by IDW. Under no circumstances shall IDW be obligated to use any of the transferred inventory. In the event, IDW uses the transferred inventory it may use such inventory without any payment to TFS so long as the value of the used inventory does not exceed $2 million ("Initial Inventory"). The inventory shall be valued at the book value of the inventory on the Closing Date (the "Book Value"). For any used inventory in excess of the Initial Inventory, IDW shall pay TFS for the used inventory at the Book Value. Commencing on the Closing Date and terminating one (1) year from the Closing Date (the "Anniversary Date"), IDW shall track the inventory used during each ninety (90) day period. After each ninety (90) day period, IDW shall identify the amount of inventory used during such period, if any, and make a payment to TFS for any used inventory in excess of the Initial Inventory ("Inventory Payment"). At the end of the one year period, at the election of TFS, IDW will ship and transfer all unused inventory to TFS at TFS sole expense.
Inventory Payment. Within five (5) days of the Inventory Transfer, Purchaser shall pay to Seller One Hundred Forty One Thousand Six Hundred Ninety Three Dollars and Fifty Six Cents ($141,693.56) (the “Inventory Payment”).
Inventory Payment. 26 7.7 Deliveries at Closing..................................26 7.8
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Inventory Payment. Buyer shall have validated the list of Inventory set forth by Seller on Schedule 1.31 hereto, and Buyer and Seller shall have approved the written calculation of the Inventory Payment as set forth in Section 2.3 hereto.
Inventory Payment. Buyer and Seller shall have approved the written calculation of the Inventory Payment as set forth in Section 2.3 hereto.
Inventory Payment. In addition to the Base Purchase Price and True-Up Payment, if earned, upon the terms and subject to the conditions set forth in this Agreement, in consideration for the Purchased Inventory, Buyer will pay Seller an amount equal to the Designated Inventory Value of all units of Purchased Inventory that are Good and Saleable as of the Closing and will reimburse Seller for any Prepaid Deposits (together, the “Inventory Payment”). The Inventory Payment shall be determined in accordance with Section ‎4.3(d) hereof.
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