Closing Inventory Schedule definition

Closing Inventory Schedule shall have the meaning set forth in Section 2.07(b).
Sample 1
Closing Inventory Schedule shall have the meaning provided in Section 5.6(b).
Sample 1
Closing Inventory Schedule has the meaning specified in Section 7.7.
Sample 1

Examples of Closing Inventory Schedule in a sentence

  • The cost, value, aging and product mix of the inventory shown on the Closing Inventory Schedule will not be materially different than that shown on the Schedule of Inventory dated September 20, 2004 and attached as Schedule 2.10 (the "Base Inventory Schedule").

  • On or before the Closing Date, Seller shall schedule an inventory count, and in connection therewith, Purchaser shall assist Seller and its Representatives in the preparation of the Closing Inventory Schedule and shall provide Seller and its Representatives access to the Real Property for same and any information reasonably requested for such purpose.

  • Seller shall make available to Buyer and, if Buyer elects, Buyer's independent certified public accountants, at no expense, such of the facilities, books, records and personnel of Seller related to the Business and such of the work papers of Seller's independent certified public accountants as are reasonably requested by Buyer to enable it to review and verify Seller's Closing Net Book Assets calculation, including, without limitation, the Closing Inventory Schedule.

  • The Seller and the Buyer shall be prepared, in the opinion of the Seller, to conduct a physical count of the Inventory of the Business for purposes of preparing the Closing Inventory Schedule.

  • In the event that the inventory delivered to Buyer at Closing as reflected on the Closing Inventory Schedule (including purchase orders for inventory in transit which will paid by Seller) varies by more than one percent (1%) from the value set forth on the Base Inventory Schedule, the Purchase Price will be adjusted, dollar for dollar, for the total amount of such variance from the values set forth on the Base Inventory Schedule.

  • First Closing Leased Equipment) Schedule 2.1(g) First Closing Other Assets Schedule 2.2(a) Second Closing Purchased Contracts Schedule 2.2(b) Second Closing Assumed Real Estates Leases Schedule 2.2(c) Second Closing Purchased Accounts Receivable/Unbilled Amounts Schedule 2.2(d) Second Closing Inventory Schedule 2.2(e) Second Closing Prepaid Assets Schedule 2.2(f) Second Closing PP&E (incl.

  • Based upon such joint physical count, Seller shall prepare and deliver to Buyer as part of the schedule of Closing Net Working Capital a schedule, by item and quantity, of Inventory (the "Closing Inventory Schedule") accompanied by a letter of agreed upon procedures of Seller's independent certified public accountant to the effect that the Closing Inventory Schedule has been prepared, in all material respects, in accordance with this Section 3.06.

  • The parties shall have completed the Closing Inventory Schedule provided for in Section 1.4 hereof and agreed to the adjustment, if any, to the Purchase Price as provided in Section 1.4.

  • The Estimated Closing Inventory Schedule and the Estimated Closing Inventory Amount shall be prepared as provided herein and in accordance with the accounting principles and procedures used by Seller in preparation of its Financial Statements (the “Inventory Procedures”) and the inventory valuation process (the “Inventory Valuation Process”), both of which are attached hereto as Schedule 2.4(a).

  • Such agreed upon inventory (including purchase orders for inventory in transit which will be paid by Seller) will be in a Schedule which shall be a condition of Closing (the "Closing Inventory Schedule").


More Definitions of Closing Inventory Schedule

Closing Inventory Schedule has the meaning set forth in Section 3.06.
Sample 1
Closing Inventory Schedule has the meaning set forth in Section 4.04 hereof.
Sample 1

Related to Closing Inventory Schedule

  • Inventory Value means with respect to any Inventory of a Loan Party at the time of any determination thereof, the standard cost determined on a first in first out basis and carried on the general ledger or inventory system of such Loan Party stated on a basis consistent with its current and historical accounting practices, in Dollars, determined in accordance with the standard cost method of accounting less, without duplication, (i) any markup on Inventory from an Affiliate and (ii) in the event variances under the standard cost method are expensed, a Reserve reasonably determined by the Agent as appropriate in order to adjust the standard cost of Eligible Inventory to approximate actual cost.

  • 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.

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

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

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

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

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

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

  • 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.

  • Purchase Price Allocation Schedule has the meaning set forth in Section 5.11(f)(ii).

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

  • Closing Cash means the aggregate amount of all Cash of the Company as of the close of business on the day immediately preceding the Closing Date.

  • Asset Schedule means with respect to any Transaction as of any date, an asset schedule in the form of a computer tape or other electronic medium (including an Excel spreadsheet) generated by Seller and delivered to Buyer and the Custodian, which provides information (including, without limitation, the information set forth on Exhibit E attached hereto) relating to the Purchased Mortgage Loans in a format reasonably acceptable to Buyer.

  • Obsolete Inventory means items that have expired, are redundant or

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

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

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

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

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

  • Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).

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

  • Preliminary Closing Balance Sheet shall have the meaning set forth in Section 2.3(c)(i).

  • Inventory Formula Amount means (i) the lesser of (x) 75% of the Value of Eligible Inventory and (y) 85% of the NOLV Percentage of the Value of Eligible Inventory plus (ii) the lesser of (x) the lesser of (1) 75% of the Value of Eligible In-Transit Inventory and (2) 85% of the NOLV Percentage of the Value of the Eligible In-Transit Inventory and (y) $10,000,000.

  • 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).