Estimated Inventory Amount definition

Estimated Inventory Amount means the projected Inventory Amount as at the Effective Time as estimated by the Seller pursuant to Clause 5 and as shown in the Estimated Inventory Statement.
Estimated Inventory Amount has the meaning set forth in Section 1.09(b).
Estimated Inventory Amount shall have the meaning set forth in Section 2.4(c) hereof.

Examples of Estimated Inventory Amount in a sentence

  • The volume and description of the EDS Inventory used as the basis for preparing the Estimated Inventory Amount shall be based on the most recent month prior to Completion for which figures are available and as may be adjusted by the Seller in good faith to take account of any expected variations between the date of such stock-take and the expected Completion Date.

  • If the Estimated Inventory Amount is greater than (determined separately for the Ride Dynamics Business and the Brake Business) the Benchmark Inventory Amount, the Preliminary Purchase Price paid at Closing will be increased by an amount equal to the excess.

  • The calculation of the Estimated Inventory Amount and the Closing Inventory Amount shall be determined separately for each of the Ride Dynamics Business and Brake Business and shall utilize a methodology, and accounting therefor, consistent with the methodology used in determining the Benchmark Inventory Amount (attached as Schedule 3.4.1) with the determination and valuation of E&O Inventory as defined in this Agreement.

  • If the Estimated Inventory Amount is less than (determined separately for the Ride Dynamics Business and the Brake Business) the Benchmark Inventory Amount, the Preliminary Purchase Price paid at Closing will be decreased by an amount equal to such deficiency.

  • Following Closing, Buyer shall pay Sellers the Earn-Out Payments, if any, subject to and in accordance with Section 2.7 and Section 7.11.2.6 Inventory.(a) The Estimated Inventory Amount (as defined below) shall be determined on the basis of the quantities of Inventory as of the close of business on the Business Day immediately prior to the Closing Date and calculated using the applicable valuation principles set forth on Schedule 2.6(a) to the Seller Disclosure Letter.


More Definitions of Estimated Inventory Amount

Estimated Inventory Amount. Section 3.3.2.B.
Estimated Inventory Amount means USA Estimated Inventory Amount plus, if there is a Canadian Closing, the Canadian Estimated Inventory Amount.
Estimated Inventory Amount means, with respect to any File-Transfer Location, the Sellersgood faith estimate of the Inventory Amount attributable to such File-Transfer Location.
Estimated Inventory Amount means the aggregate value as of November 30, 2008 of all Inventory on hand and in the hands of suppliers or common carriers for which Seller has already paid (calculated at the lesser of (A) the current fair market value of the Inventory, and
Estimated Inventory Amount shall have the meaning set forth -------------------------- for such term in Section 2.3(a) hereof.
Estimated Inventory Amount shall have the meaning specified in Section 3.1.
Estimated Inventory Amount has the meaning set out in Section 2.6.