Examples of Closing Book Value in a sentence
The Agency shall provide day-to-day administration of the Authority consistent with this Agreement and any subsequent Project Agreement(s) as described herein.
Answer: Closing Book Value of the Machine as at 31.12.2014 ` 2,18,700.
For purposes hereof, the “Estimated Closing Book Value of the Product Inventory” means (x) the aggregate value of the Product Inventory (other than the Bailment Inventory), (i) based on the Estimated Inventory Report, and (ii) valued at the applicable Seller Party’s costs of such Inventories by reference to the unit cost set forth on Schedule 1(a), except as the Parties may otherwise mutually agree, plus (y) the aggregate value of the Bailment Inventory as set forth on the Bailment Reports.
If the Closing Book Value of Inventory/Supplies is greater than the Inventory/Supplies Amount and Precept agrees with the calculation, then Precept shall pay Seller the Inventory/Supplies Price Adjustment.
If the Closing Book Value of Inventory/Supplies is less than the Inventory/Supplies Amount and Precept agrees with the calculation, then Seller shall pay Precept the Inventory/Supplies Price Adjustment.