Estimated Closing Inventory Value definition

Estimated Closing Inventory Value has the meaning set forth in Section 2.6(a)(ii).
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.
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.

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")).

  • In consideration for the sale of the Conveyed Assets, at the Closing, Purchaser shall pay to Seller a purchase price equal to the sum of $35,000,000 plus the Estimated Closing Inventory Value (the “Closing Purchase Price”).

  • The value of the Estimated Closing Inventory Value reflected on the Closing Statement will be based on the results of a physical inventory of the Inventory to be taken jointly by Seller and Purchaser (and/or their respective representatives) and calculated in accordance with the accounting practices set forth in Section 2.07(a)(i) of the Disclosure Schedule.

  • Seller and Purchaser shall each be responsible for and pay one-half of all EisnerAmper’s fees to conduct such physical count of the Transferred Inventory and prepare such statement setting forth the Estimated Closing Inventory Value.

  • In consideration for the sale of the Conveyed Assets, at the Closing, Purchaser shall pay to Seller a purchase price equal to the sum of $35,000,000 plus the Estimated Closing Inventory Value (the "Closing Purchase Price").

  • The Purchase Price shall be either increased by the amount by which the Closing Inventory Value is more than the Estimated Closing Inventory Value or decreased by the amount by which the Closing Inventory Value is less than the Estimated Closing Inventory Value (the Purchase Price as so increased or decreased being hereinafter called the “Final Purchase Price”), as set forth herein.

  • The Purchase Price shall be either increased by the amount by which the Closing Inventory Value is in excess of the Estimated Closing Inventory Value or decreased by the amount by which the Closing Inventory Value is less than the Estimated Closing Inventory Value (the Purchase Price as so increased or decreased being hereinafter called the “Final Purchase Price”), as set forth herein.


More Definitions of Estimated Closing Inventory Value

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.
Estimated Closing Inventory Value. See Section 2.07(a).

Related to Estimated Closing Inventory Value