Stock Valuation. The stock-in-trade shown in the Accounts has been valued at the lower of cost and net realisable value and includes no redundant, obsolete or unsaleable items and no items which are the subject of any dispute (other than minor disputes in the ordinary course of business) with a supplier or customer. The basis of valuation of the stock-in-trade has remained in all material respects consistent with that adopted for the purpose of the Group's consolidated accounts at the beginning and end of each of the accounting periods of the Group since its incorporation.
Stock Valuation. For the purposes of the preparation of the Completion Accounts, the value of stock shall be ascertained in accordance with the provisions of this paragraph 3.
Stock Valuation. Should a dispute occur concerning a determination of “Then Current Fair Market Value” of any stock owned or acquired by Executive pursuant to this Agreement or otherwise, then the Executive and Employer’s designated representative shall confer to select an independent stock valuation expert who shall render a decision as to the then Fair Market Value of the stock which shall be binding on the parties. The fees and costs charged by such valuation expert shall be paid the Employer.
Stock Valuation. The Vendor and the Purchaser shall procure that a valuation of the stock and work in progress of the Company as at close of business on the Completion Date is undertaken in accordance with the principles set out in Schedule 5 by representatives of the Vendor and the Purchaser jointly.
Stock Valuation. 4.2.1 The method of valuing stock and work-in-progress for the Accounts was in accordance with SSAP 9 and, subject to that Standard, was consistent in all material respects with that adopted in the corresponding audited accounts for the preceding two financial periods and has been accepted by the Inland Revenue for taxation purposes.
Stock Valuation. The parties hereby agree that the per share value --------------- attributable as of the date hereof to the Voting Common Stock, the Series C Preferred Stock and the Series E Preferred Stock is $1.00, $999.00 and $.01, respectively.
Stock Valuation. 79 11. Environmental............................................................84 12. Conduct of Business up to Completion.....................................
Stock Valuation. For the purposes of valuing the GoodNoise Shares --------------- for the purposes of satisfying any Claim, such shares shall be valued at the closing price of GoodNoise Common Stock on the Effective Date.
Stock Valuation. Sellers and the Company shall have delivered to Buyer a valuation report with respect to the Company Capital Stock prepared by Blue and Co. in a form satisfactory to Buyer, provided, however, that Buyer’s acceptance of such valuation shall not (i) indicate Buyer’s acceptance of the conclusions stated therein, (ii) bind Buyer to file any Tax Returns in a manner consistent with such valuation or to defend such valuation in any Tax audit or similar proceeding (provided that Sellers, at their cost, may defend such valuation in a Tax Audit or similar proceeding), (iii) preclude Buyer from obtaining a separate valuation of the Company Capital Stock, or (iv) preclude Buyer from causing the Company to file Tax Returns (including amended Tax Returns for pre-Closing Tax periods) reflecting the conclusions in the separate valuation obtained by Buyer; provided that Buyer may only file or cause to be filed such amended returns in connection with a Tax Audit or similar proceeding, after Sellers have been provided a good faith opportunity to defend in good faith Blue and Co.'s valuation. Sellers agree to cooperate with Buyer and its Affiliates in the filing of any amended Tax Returns as required by this Section 7.1(r).
Stock Valuation. The value of the stock will be determined by averaging the closing price of the stock on the OTC Bulletin Board for the preceding 5 OTC business days before the end of the quarter. The first disbursement, on written consent of Seller, may be a negotiated value if stock has not traded.
