Closing Inventory definition
Closing Inventory means all Inventory relating to the Business on the Closing Date.
Closing Inventory shall have the meaning set forth in Section 2.6(a).
Closing Inventory has the meaning set forth in Clause 11(a)(i).
Examples of Closing Inventory in a sentence
The “Delivered Volume” for Month M is equal to the Opening Inventory in Month M plus the Supplied Volume in Month M minus Closing Inventory in Month M.
Seller and Buyer shall have agreed upon and delivered the Inventory Statement described in Section 2.4 and Article 3 above, which shall detail the Closing Inventory and any additional Inventory.
In making such calculation, the CPA Firm shall determine the Closing Inventory Value.
If Buyer fails to deliver such written notice within such 30-day period, Seller’s calculation of the Closing Inventory Amount shall be the Final Inventory Amount, which shall be binding upon the parties.
Seller shall have received a Closing Inventory reasonably acceptable to Seller.
More Definitions of Closing Inventory
Closing Inventory has the meaning set forth in Section 2.4(b) hereof.
Closing Inventory means the aggregate Inventory with expiration dating no earlier than January 31, 2027, in each case calculated as of immediately prior to the Closing in a manner consistent with Seller’s historical accounting policies and procedures for inventory, as described in the Seller Financial Statements, and based on the books and records of Seller and according to GAAP, as described on Schedule VI.
Closing Inventory. The Closing Inventory required under the provisions of Section 13.2.
Closing Inventory means the value of the Inventory calculated as of the Effective Time in accordance with the Accounting Policies.
Closing Inventory means, with respect to any Country Unit, the book value of the Inventory to be transferred to Buyer in respect of such Country Unit as of the Applicable Closing Date.
Closing Inventory means the net inventory of the Business as of the Closing Date to the extent a Transferred Asset, as determined in accordance with the Working Capital Principles.
Closing Inventory means all finished drug product or active pharmaceutical ingredient of Product, vancomycin and HP-b-cyclodextrin (excipient) listed on Schedule 1.1(o) hereto present as of the Closing Date (i) at the Third Party contract manufacturing organizations, (ii) at Third Party storage facilities contracted by Sellers to manufacture or store commercial supplies of Product, (iii) under Sellers’ control, and (iv) at Sellers’ places of business.