Determination of Inventory Value. Immediately following the close of business on the day preceding the date on which the Closing is to occur, the Buyer and the Seller shall jointly count and value the Inventory. The Inventory shall be valued at Seller's cost thereof.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Fields MRS Original Cookies Inc), Asset Purchase Agreement (Fields MRS Original Cookies Inc), Asset Purchase Agreement (Fields MRS Original Cookies Inc)
Determination of Inventory Value. Immediately following Following the close of business on the day immediately preceding the date on which the Closing is to occurDate, the Buyer and the Seller shall (i) jointly count determine the Inventory Value and value (ii) jointly set forth the Inventory. The Inventory shall be valued at Seller's cost thereofValue in a written statement.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Advanced BioEnergy, LLC), Asset Purchase Agreement
Determination of Inventory Value. Immediately following On the close of business on the day date immediately preceding the date on which the Closing is to occurDate, the Seller and Buyer and the Seller shall jointly conduct a physical count and value of the Inventory. The Inventory shall be valued at Seller's actual cost thereoftherefor, or if lower, market value as reasonably determined by Buyer and Seller.
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