Estimated Closing Inventory Value has the meaning set forth in Section 2.6(a)(ii).
Estimated Closing Inventory Value means, in respect of any given SKU of Specified Inventory, an amount equal to (a)(i) the Cost per unit multiplied by (ii) the Estimated Closing Annual Sell-Through Inventory Units for such SKU, plus (b)(i) the Discounted Cost per unit multiplied by (ii) the Estimated Closing Excess Inventory Discount Cost for such SKU.
Estimated Closing Inventory Value means the aggregate value of the Inventory, net of any inventory reserves (“required inventory reserves”), as of the close of business on the Business Day that is three Business Days prior to the Closing Date, determined in accordance with the accounting principles set forth on Schedule 2.4 hereof.
Examples of Estimated Closing Inventory Value in a sentence
The statements delivered pursuant to the first sentence of this Section 2.03 shall be accompanied by worksheets setting forth in reasonable detail Seller's calculations used to estimate the Preliminary Working Capital Amount and shall also state and show the calculation in reasonable detail of the Estimated Closing Inventory Value (including the book value of all materials and supplies of the Companies and the Alba Companies as of the Measurement Date (the "M&S BOOK VALUE")).
More Definitions of Estimated Closing Inventory Value
Estimated Closing Inventory Value. See Section 2.07(a).
Estimated Closing Inventory Value shall have the meaning ascribed to such term in Section 2.04(b). "EXECUTION DATE" shall have the meaning ascribed to such term in the preamble.