Closing Inventory Report definition

Closing Inventory Report means an Inventory Report dated as of the Closing Date.
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Closing Inventory Report means a report prepared by Seller setting forth the value of the worldwide Inventory at standard cost as of the Closing Date determined in accordance with Seller's written standard accounting practices as consistently applied on an historical basis including reserves determined in accordance with generally accepted accounting principles.
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Closing Inventory Report means an Inventory Report with respect to each Power Block and the Common Facilities dated not earlier than three (3) days prior to the Closing Date.
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Examples of Closing Inventory Report in a sentence

  • Within fifteen (15) days of the date of the Closing Inventory Report, Seller shall deliver to Buyer a statement (the "Allocation Statement") setting forth the amount of the Purchase Price allocable to the various Purchased Assets.

  • Seller shall use its commercially reasonable efforts to assist Purchaser in confirming such Virtual Inventory to the extent that Purchaser requires the cooperation of Progistix to do so, including assisting Purchaser and its representatives in auditing or otherwise examining the Virtual Inventory system of Progistix and permitting Purchaser and its representatives to observe any physical inventory count that occurs between the date hereof and the date of the final Closing Inventory Report.

  • The results of the Physical Inventory Count shall be set forth in an inventory report, which shall set forth the aggregate value of such Inventories as of the Closing Date, including appropriate roll-forward and roll-back adjustments to physical counts made during such period (the "Closing Inventory Report").

  • If the Purchaser disagrees with the calculation of the draft Closing Inventory Report prepared pursuant to Section 3.2.1, it shall give notice to the Vendor of such disagreement, whether oral or written (which shall be deemed to be received immediately upon delivery of such notice to Vendor), no later than three (3) Business Days after delivery of the draft Closing Inventory Report.

  • Following Purchaser’s receipt of the Closing Inventory Report, either party (at its own expense) shall have the right to confirm the Virtual Inventory by notifying the other party of its intention to do so within 30 days of receipt of the Closing Inventory Report.

  • The "Adjustment Amount" shall be the amount equal to the Closing Inventory as set forth on the Closing Inventory Report less Nine Million Dollars ($9,000,000).

  • Following Purchaser's receipt of the Closing Inventory Report, either party (at its own expense) shall have the right to confirm the Virtual Inventory by notifying the other party of its intention to do so within 30 days of receipt of the Closing Inventory Report.

  • Crowley reported that the Audit Committee met on April 9, 2015, at 6:00 p.m., at District Office to review the Internal Risk Assessment Report.

  • Seller shall have delivered or caused to be delivered to Buyer the Estimated Closing Inventory Report on or before the close of fifth business day prior to the Closing Date, which schedule shall be true and correct in all material respects.

  • The Purchaser may, immediately after the Closing, proceed to conduct an inventory count of the Inventories along with other procedures used in the verification of the draft Closing Inventory Report.


More Definitions of Closing Inventory Report

Closing Inventory Report has the meaning ascribed to such term in Section 4.03(b)(1) of this Agreement.
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Closing Inventory Report means the report of the book value of the Inventories as of 12:01 a.m. on the Closing Date prepared in accordance with generally accepted accounting principles, consistently applied;
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Related to Closing Inventory Report

  • Inventory Value has the meaning set forth in Section 2.1.

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.

  • Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).

  • Final Closing Statement has the meaning set forth in Section 2.4(a).

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).

  • Closing Statements has the meaning set forth in Section 3.3(b).

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • Draft Closing Statement means a draft closing statement as of the close of business of the fifth (5th) Business Day immediately preceding the Closing Date setting forth an estimate of the Purchase Price (including all adjustments and prorations thereto).

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).

  • Closing Location means the location that all Proposals for this RFP will be accepted at.

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

  • Working Capital Statement has the meaning set forth in Section 2.3(a).

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Final Working Capital Statement has the meaning set forth in Section 2.04.

  • MI Report means a report containing Management Information submitted to the Authority in accordance with Framework Schedule 8 (Management Information);

  • Phase I Report means, with respect to any Facility, a report that (i) conforms to the ASTM Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process, E 1527, (ii) was conducted no more than six months prior to the date such report is required to be delivered hereunder, by one or more environmental consulting firms reasonably satisfactory to Administrative Agent, (iii) includes an assessment of asbestos-containing materials at such Facility, (iv) is accompanied by (a) an estimate of the reasonable worst-case cost of investigating and remediating any Hazardous Materials Activity identified in the Phase I Report as giving rise to an actual or potential material violation of any Environmental Law or as presenting a material risk of giving rise to a material Environmental Claim, and (b) a current compliance audit setting forth an assessment of Holdings’, its Subsidiaries’ and such Facility’s current and past compliance with Environmental Laws and an estimate of the cost of rectifying any non-compliance with current Environmental Laws identified therein and the cost of compliance with reasonably anticipated future Environmental Laws identified therein.

  • MERS Report The report from the MERS System listing MERS Designated Mortgage Loans and other information.

  • Inventory Appraisal means (a) on the Closing Date, the appraisal prepared by Great American Group dated June 2007 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraisal firm pursuant to Section 9.2(b).

  • Closing Date Financial Statements has the meaning set forth in Section 2.3(a)(i).

  • Closing Date Statement has the meaning set forth in Section 2.06(b).

  • Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).

  • Borrowing Base Report means a report in substantially the form of Exhibit E (or such other form approved by Administrative Agent) certified by a Responsible Officer of Borrower.

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Closing Balance Sheet has the meaning set forth in Section 2.4(a).