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 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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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.

  • 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 does not give a notice of disagreement in accordance with Section 3.2.2, the Purchaser shall be deemed to have accepted the draft Closing Inventory Report, which shall be final and binding on the Parties and the draft calculation of the Closing Inventory Report shall constitute the book value of the Inventories for the purposes of this Agreement immediately following the expiry date for the giving of such notice of disagreement.

  • The "Adjustment Amount" shall be the amount equal to the Closing Inventory as set forth on the Closing Inventory Report less [ ** ] .

  • 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).

  • 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.

  • 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.


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 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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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 has the meaning set forth in Section 2.5(a).

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

  • Draft Closing Statement means a draft closing statement, prepared by Seller, as of the close of business of the third (3rd) business day preceding the Closing Date setting forth an estimated calculation of both the Purchase Price and the Estimated Payment Amount.

  • 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 January 22, 2008 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraiser firm pursuant to Section 9.2(b).

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

  • Borrowing Base Report means a Borrowing Base Report for the Borrower signed by an Authorized Signatory of the Borrower and in substantially the form of Exhibit D attached hereto.

  • 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).

  • Closing Date Business Plan means the set of Projections of Borrower for the 1 year period following the Closing Date (on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

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

  • Earn-Out Statement has the meaning set forth in Section 2.5(c).