Valuation of Inventory. For purposes of calculating the Adjusted Share Purchase Price, the book value of Inventory items which are considered Current Assets hereunder shall be adjusted as set forth in this Section 3.3.
Valuation of Inventory. The Agent shall have received the valuation report prepared by Hilco Appraisal Services, such valuation report to be in form and substance satisfactory to the Agent, stating the then current fair market value of all Eligible Inventory.
Valuation of Inventory. The Lenders shall have received copies of a valuation, prepared by a firm satisfactory to the Arranger and in form and substance satisfactory to the Arranger, of the inventory of the Borrowers. 57 51
Valuation of Inventory. The Inventory Value shall be the sum of the following:
Valuation of Inventory. For purposes of calculating the Net Working Capital and any adjustment to the Base Price as contemplated in Section 1.11, the Inventory included in the Transferred Assets shall be valued by the parties at ninety percent (90%) of the GAAP value thereof.
Valuation of Inventory. For purposes of determining the NOLV Percentage, the net orderly liquidation value of Borrowers’ Inventory shall be determined and reported on not less frequently than semi-annually, or more frequently if requested by Administrative Agent, by a qualified independent appraiser selected by the Administrative Agent or, at the Administrative Agent’s election, by professional appraisers employed by the Administrative Agent.
Valuation of Inventory. Inventory shall be valued by Agent on a ---------------------- periodic basis by a comparison of market industry data and the actual revenue being derived by Borrower from sale of such inventory. Valuation shall be based on the "market" value rather than Borrower's "cost." In determining market value, Agent shall be entitled to use the Xxxxxxxxxx Collateral Value Report or such other comparable reports as Agent shall deem appropriate.
Valuation of Inventory. The Estimated Inventory Payment and the Final Inventory shall be calculated using the valuation methodologies set forth on Schedule 2.5(a). For the avoidance of doubt, Schedule 2.5(a) includes a sample calculation of the Inventory value using hypothetical volumes.
Valuation of Inventory. For purposes of the adjustments to the consideration provided for in this Article III, Inventory shall be valued (the "Inventory Value") as follows effective as of the close of business on November 22, 1997: (a) Processed Inventory shall be valued by grade at the market value of such inventory as of the Closing Date less $9.35 per ton for ferrous materials, and $.016 per pound for non-ferrous materials; and (b) the value of the Unprocessed Inventory shall be agreed upon by the parties as of the close of business November 22, 1997, based upon a physical inventory taken as of such date (the "Inventory Date") and the weighted average purchase price for the Unprocessed Inventory for the ten business day period immediately preceding the Inventory Date. The value so determined shall be set forth on Exhibit 3.3 hereto. Not later than 60 days following the Closing, the Inventory Value shall be (i) increased by any purchases of inventory after the Inventory Date but on or before the Closing Date; and (ii) decreased by any sales of inventory after the Inventory Date but on or before the Closing Date, and the net difference between the Inventory Value as determined as of the Inventory Date, and the Inventory Value after taking into account the adjustments set forth above, shall be promptly paid from Buyer to Seller, if such amount is positive, and shall be promptly paid from Seller to Buyer, if such amount is negative. Such purchases and sales of inventory shall be valued in the fashion as set forth in this Section 3.3.
Valuation of Inventory. (i) Laboratory Service Inc. shall measure and sample the Inventory at the close of business on the Closing Date, and shall thereafter furnish the Parties with a complete report of the quantities and formulations that comprise the Inventory.
