Closing Inventory Statement definition

Closing Inventory Statement has the meaning set forth in Section ‎3.3(b)(i).
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Closing Inventory Statement shall have the meaning assigned thereto in Section 1.8(a).
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Closing Inventory Statement has the meaning given such term in Section 2.5(c).
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Examples of Closing Inventory Statement in a sentence

  • The value of Seller's Inventory as reflected on the Closing Inventory Statement is consistent with the books and records of the relevant Business in all material respects and Schedule 3.4.1.

  • The Closing Inventory Statement will be based on a physical inventory of the Inventory of the Business, to be taken jointly by the Parties, consistent with past practice, the weekend prior to the Closing Date or such other date as Delphi and Buyer Parent shall agree.

  • In the event the Parties, acting in good faith, are unable to agree upon the calculation of the value of the Inventory for purposes of the Closing Inventory Statement, such dispute shall be resolved in accordance with Section 2.6(c).

  • The aggregate value of the Inventory for purposes of the Closing Inventory Statement shall be determined in accordance with Section 2.6(a) based on the applicable valuation principles set forth on Schedule 2.6(a) to the Seller Disclosure Letter.

  • Buyer and its representatives shall have such opportunity as Buyer reasonably deems appropriate to observe the taking and reconciliation of such Inventory (which may begin prior to the Closing Date) in connection with the preparation of the Closing Inventory Statement.


More Definitions of Closing Inventory Statement

Closing Inventory Statement has the meaning given in Section 2.2(a).
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Closing Inventory Statement has the meaning set forth in Section 7.2(k).
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Closing Inventory Statement. As defined in Section 1.4(a).
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Closing Inventory Statement means an unaudited statement of Closing Inventory Amount that is prepared in accordance with the Accounting Principles.
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Closing Inventory Statement shall have the meaning assigned thereto in Section 2.4(a).
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Closing Inventory Statement means the statement of Inventory of the Business (as adjusted in accordance with this Agreement) as of 11:59 P.M. (prevailing Eastern Time) on the Closing Date, which statement will be prepared and delivered in accordance with Section 3.4.
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Closing Inventory Statement has the meaning given to it in Clause 3.4;
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