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 given such term in Clause 11(a)(i).

Examples of Closing Inventory in a sentence

• PART BCONSUMABLE TEMPLATEINPUT / OUTPUT CONSUMABLE INVENTORY REPORT FOR THE YEAR ENDING 31 MARCH 20XX Opening Inventory as at 1 April 20XX: Plus: Cost of Goods Purchased or Acquired: Minus: Consumption / Removals: $ -Closing Inventory as at 31 March 20XX: NOTES Note 1: The closing inventory as at 31 March 20XX must be equal to the itemized listing of consumable items provided through Part A, DND Owned Inventory Holdings Held by Contractors as at 31 March 20XX.

• Closing Inventory – Actual physical inventory as of the last day of the quarter printed on Page 1.

• 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.

• 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.

• The Excise Duty in respect of Closing Inventory of Finished Goods is included as part of the Inventory.

More Definitions of Closing Inventory

Closing Inventory. The Closing Inventory required under the provisions of Section 13.2.

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 means the value of the Inventory as of the Effective Time, calculated in accordance with Schedule 2.5.

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 finished Products (together with any Product packaging materials thereon) labeled and held for sale in the Territory, owned as of the Closing by Sellers or any of Sellers’ Affiliates that has not been sold to a Third Party, including any wholesaler or distributor, together with samples of finished Products labeled and held for use in the Territory.

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.

Closing Inventory has the meaning set forth in Section 9.6.