Estimated Inventory Value definition

Estimated Inventory Value has the meaning set forth in Section 2.06(a).

Estimated Inventory Value means the Inventory Value (excluding the Inventory Value of the Inventory of National Steel Pellet Company) determined as of the close of business on the last day of the month immediately prior to the Closing Date.

Estimated Inventory Value has the meaning given such term in Exhibit B.

Examples of Estimated Inventory Value in a sentence

• The Company shall prepare, in good faith, and deliver to Buyer, at least three Business Days prior to the Closing Date, a certificate signed by the Company's Chief Executive Officer and Chief Financial Officer (the "Closing Financial Certificate") setting forth the Estimated Net Receivables Amount and the Estimated Inventory Value.

• If the Estimated Net Receivables Amount plus the Estimated Inventory Value (the "Estimated Working Capital Amount") is less than $450 million, then Buyer may, at Buyer's election, reduce the Cash Consideration to be paid to Sellers at the Closing by the amount of such shortfall (the "Estimated Working Capital Adjustment").

• The Closing Payment will be adjusted upwards or downwards as follows: (i) if Estimated Inventory Value exceeds $9,000,000 (the “Inventory Value Target”), then the Closing Payment will be increased by such excess, and (ii) if the Estimated Inventory Value is less than the Inventory Value Target, then the Closing Payment will be reduced by the amount by which Estimated Inventory Value is less than the Inventory Value Target.

• At least three (3) Business Days before the Closing, Seller shall prepare and deliver to Buyer a statement (the "Estimated Inventory Value Statement") setting forth its good faith estimate of the Inventory Value (the “Estimated Inventory Value”).

• The MMUSIC group of the IETF is currently looking into a framework for the distribu- tion of IMGs to a potentially large number of (mobile) users.

More Definitions of Estimated Inventory Value

Estimated Inventory Value means an amount equal to the [--] of the Inventory (other than the Transition Ventev Inventory) set forth on the Valuation Model, to be calculated in accordance with the Valuation Model.

Estimated Inventory Value means Sellers’ good faith estimate of the aggregate Inventory

Estimated Inventory Value means the Seller's estimate of the Inventory Value at the Effective Time;

Estimated Inventory Value has the meaning given such term in Section 4 D of this Exhibit.

Estimated Inventory Value means the aggregate amount of the estimated Spare Parts Inventory Value plus the estimated Fuel Inventory Value as set forth in the Estimated Closing Date Statement.

Estimated Inventory Value means the book value of the Purchased Inventory as of the Closing Date and as estimated by Seller in accordance with Section 2.5(d);

Estimated Inventory Value has the meaning set forth in Exhibit C.