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. 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. Each Borrower will promptly notify Lender of any event causing material loss or accounting write down in the value of its Inventory.
Valuation of Inventory in the Accounts and Management Accounts any slow moving inventory has been written down appropriately, all redundant or obsolete inventory has been wholly written off, and the value attributed to the remaining inventory does not exceed the lower of cost or net realisable value at the specified accounting date.
Valuation of Inventory. For purposes of preparing the Closing Balance Sheet, the inventory quantities and valuation shall be determined as follows:
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.
(ii) Attached as Exhibit 2(b)(ii) are schedules estimating ethanol and denaturant Inventory volumes as of the Closing Date and Seller's direct costs for that Inventory. As so estimated, the Inventory includes some ethanol that will be more than 90 days old as of the Closing Date (the "Older Product"). The Parties agree that, with respect to such Older Product, Buyer will pay Seller, per US wine gallon: (x) $1.32 for 190 proof synthetic ethanol, (y) $1.41 for 200 proof synthetic ethanol and (z) $1.50 (i.e. Seller's cost) for 200 proof fermentation ethanol. Buyer will pay for the rest of the Inventory at Seller's cost.
(iii) Except as provided with regard to Older Product in the preceding clause, Buyer shall pay Seller at Closing based on the Exhibit 2(b)(ii) schedules, with final settlement in accordance with subsection 2(d) below.
